Ravenwood Business Loans of Waukegan, IL arranges business funding through partners for Gurnee, IL owners by phone and online, from inventory financing for shops to equipment financing. This page covers ZIP 60031 business counts, what they describe, and where Gurnee, IL license questions should go.
| Distance | 4.5 mi west, measured from Waukegan, IL |
|---|---|
| ZIP 60031 employers | 1,288 establishments (ZBP 2023) |
| Retail establishments | 233 in ZIP 60031 (ZBP 2023) |
| Under 5 employees | 50.2% of payroll employers in ZIP 60031 (ZBP 2023) |
What Gurnee, IL companies do, by Census sector
| Sector | Establishments | Under 5 employees |
|---|---|---|
| Retail trade | 233 | 32.6% |
| Health care and social assistance | 201 | 51.7% |
| Accommodation and food services | 138 | 26.8% |
| Professional, scientific and technical services | 123 | 73.2% |
| Other services | 94 | 57.4% |
| Construction | 90 | 72.2% |
| Manufacturing | 68 | 36.8% |
Gurnee, IL companies in ZIP 60031 employed 20,055 people in 2023 with about $994 million in annual payroll (ZBP). Only about a third of the retailers had fewer than five employees, a figure from ZIP Business Patterns 2023. For stock buying, see inventory financing; the 138 food-service establishments make restaurant funding relevant too.
The village and its ZIP
About 93% of the village's land lies in ZIP 60031, but the village covers only about 66% of that ZIP's land (2020 Census relationship file). A Gurnee mailing address can sit outside the village, so confirm with the Village which local rules apply.
Gurnee, IL business license: who answers it
Whether a particular business needs a village license is a question for the Village of Gurnee, not for a funding company. Partners sometimes ask to see local registrations, so settle it before you apply.
Small business loans in Gurnee, IL, by kind of shop
A retailer can pair a line of credit with inventory financing; a health practice can use equipment financing; a contractor can use a credit line for materials. All six types are on the funding types page, and county figures on the Waukegan, IL data page.
Gurnee, IL sectors our partners fund
Funding partners consider businesses across most industries in Gurnee, IL, from contractors and construction trades and restaurants and food service to medical and dental practices and retailers and wholesalers that carry stock. Each partner still decides case by case.
What to gather before you call
- Recent business bank statements (partners often ask for three to six months)
- Business and personal tax returns for the latest year
- Photo ID for every owner of the business
- Your articles of organization or incorporation and the EIN letter
- A list of existing business debts and payments
- The equipment quote, contract or purchase order the funding is for
Each lending partner sets its own list, so treat this as a starting point.
How a request moves forward
- Reach us at (847) 250-0440 or through the contact form. When we call back, the first questions are simple: what the funding is for, how long the business has operated and its rough revenue.
- We walk through the funding types that suit that purpose and the paperwork partners tend to ask for. Nothing goes out until you say so.
- After you give the go-ahead, we share the request with suitable lending partners, and each one decides on its own.
- Any offer comes from the partner. Read the total cost, the payment schedule and the terms before deciding; turning it down is always an option.
Everything can be handled by phone or online from Gurnee, IL.
By Ravenwood Business Loans · Updated
