Quick Summary
Lakeside Bank is an SBA-approved lender headquartered in CHICAGO, Illinois. Since 2020, they have approved 2 SBA 7(a) loans totaling $5.5M, with an average loan size of $2.8M. They serve businesses across 2 states.
About Lakeside Bank
Lakeside Bank is an SBA-approved lender headquartered in CHICAGO, Illinois. Since 2020, they have approved 2 SBA 7(a) loans totaling $5.5M, with an average loan size of $2.8M. They serve businesses across 2 states.
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Frequently Asked Questions
Is Lakeside Bank an SBA Preferred Lender?
Lakeside Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.
How many SBA loans has Lakeside Bank approved?
According to SBA FOIA public records, Lakeside Bank has approved 2 SBA 7(a) loans totaling $5.5M since 2020. Their average loan size is $2.8M.
What states does Lakeside Bank serve?
Lakeside Bank serves businesses in 2 states: Illinois, Indiana.
How do I apply for an SBA loan with Lakeside Bank?
To apply for an SBA 7(a) loan with Lakeside Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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