| $150,000–350,000 | PNEUMATIC CYLINDERS & COUPLERS | MACHESNEY PARK, IL | Blackhawk Bank |
| $350,000–1 million | POPLAR GROVE AIRMOTIVE, INC. | POPLAR GROVE, IL | Blackhawk Bank |
| $150,000–350,000 | PRD SALOON OF BELOIT, INC. | BELOIT, WI | Blackhawk Bank |
| $1–2 million | PRECISION DOSE, INC. | SOUTH BELOIT, IL | Blackhawk Bank |
| $150,000–350,000 | PRECISION PAINTING AND DECORATING CORP | BELLWOOD, IL | Blackhawk Bank |
| $150,000–350,000 | PRIMARY EYE CARE CENTERS, P.C. | ROCKFORD, IL | Blackhawk Bank |
| $1–2 million | PRODUCTION PLUS TECHNOLOGIES, INC. | BURR RIDGE, IL | Blackhawk Bank |
| $150,000–350,000 | PROFESSIONAL PROPERTY MANAGEMENT, L.L.C. | ROCKFORD, IL | Blackhawk Bank |
| $350,000–1 million | PROFESSIONAL STEEL SERVICES, INC | MACHESNEY PARK, IL | Blackhawk Bank |
| $150,000–350,000 | PROTO-CUTTER, INC. | FREEPORT, IL | Blackhawk Bank |
| $350,000–1 million | R. H. BATTERMAN & CO., INC. | BELOIT, WI | Blackhawk Bank |
| $150,000–350,000 | R. R. FLOODY COMPANY, INC | ROCKFORD, IL | Blackhawk Bank |
| $150,000–350,000 | RANGER RIBS, LLC | ROCKFORD, IL | Blackhawk Bank |
| $150,000–350,000 | REGIONAL ACCESS & MOBILIZATION PROJECT, INC. | ROCKFORD, IL | Blackhawk Bank |
| $350,000–1 million | RNA OF ROCKFORD, LLC | ROCKFORD, IL | Blackhawk Bank |
| $350,000–1 million | ROCHELLE TRAVEL PLAZA INC | ROCHELLE, IL | Blackhawk Bank |
| $350,000–1 million | ROCK VALLEY COMMUNITY PROGRAMS, INC. | JANESVILLE, WI | Blackhawk Bank |
| $150,000–350,000 | ROCKFORD CEMENT PRODUCTS COMPANY | ROCKFORD, IL | Blackhawk Bank |
| $150,000–350,000 | ROCKFORD HEATING & AIR CONDITI | ROCKFORD, IL | Blackhawk Bank |
| $150,000–350,000 | ROCKFORD LINEAR ACTUATION, INC. | ROCKFORD, IL | Blackhawk Bank |
| $150,000–350,000 | ROCKFORD MOLDED PRODUCTS, INC. | LOVES PARK, IL | Blackhawk Bank |
| $1–2 million | ROCKFORD SPRING COMPANY | ROCKFORD, IL | Blackhawk Bank |
| $150,000–350,000 | ROCKFORD STRUCTURES CONSTRUCTION COMPANY | MACHESNEY PARK, IL | Blackhawk Bank |
| $350,000–1 million | RONLAD L LEEK INDUSTRIES, INC. | ROCKFORD, IL | Blackhawk Bank |
| $150,000–350,000 | RTG ELECTRIC CORPORATION | SOUTH HOLLAND, IL | Blackhawk Bank |
| $350,000–1 million | RUSCO MANUFACTURING, INC. | MACHESNEY PARK, IL | Blackhawk Bank |
| $350,000–1 million | RWS DESIGN AND CONTROLS, INC. | ROSCOE, IL | Blackhawk Bank |
| $150,000–350,000 | SAFEWAY SERVICES OF ROCKFORD INC | ROCKFORD, IL | Blackhawk Bank |
| $350,000–1 million | SANDRAY PRECISION GRINDING, INC. | ROCKFORD, IL | Blackhawk Bank |
| $150,000–350,000 | SEATTLE ENTERPRISES, INC. | AURORA, IL | Blackhawk Bank |
| $150,000–350,000 | SERVICE COMPONENTS INC. | MACHESNEY PARK, IL | Blackhawk Bank |
| $150,000–350,000 | SIENA ON BRENDENWOOD, INC. | ROCKFORD, IL | Blackhawk Bank |
| $350,000–1 million | SKYWARD CORPORATION | LOVES PARK, IL | Blackhawk Bank |
| $150,000–350,000 | SPEEDEE MEDICAL TRANSPORTATION INCORPORATED | ROCKFORD, IL | Blackhawk Bank |
| $350,000–1 million | STATE LINE FOUNDRIES, INC. | ROSCOE, IL | Blackhawk Bank |
| $350,000–1 million | STEPPING STONES OF ROCKFORD, INC. | ROCKFORD, IL | Blackhawk Bank |
| $150,000–350,000 | STRUT & SUPPLY, INC. | LAKE BARRINGTON, IL | Blackhawk Bank |
| $150,000–350,000 | SUGAR RIVER MACHINE, INCORPORATED | SOUTH BELOIT, IL | Blackhawk Bank |
| $350,000–1 million | SULEMAN J. BANGASH, D.O.S.C. | ELGIN, IL | Blackhawk Bank |
| $1–2 million | THE CALDWELL GROUP, INC. | ROCKFORD, IL | Blackhawk Bank |
| $150,000–350,000 | THE DRAMATIC PUBLISHING COMPANY | WOODSTOCK, IL | Blackhawk Bank |
| $150,000–350,000 | THE MASTER MACHINE GROUP, INC. | ELGIN, IL | Blackhawk Bank |
| $150,000–350,000 | THE MD GROUP LLC | RIO, WI | Blackhawk Bank |
| $150,000–350,000 | THE PENSION SPECIALISTS, LTD. | MACHESNEY PARK, IL | Blackhawk Bank |
| $350,000–1 million | TITLE UNDERWRITERS AGENCY, INC. OF ROCKFORD | ROCKFORD, IL | Blackhawk Bank |
| $150,000–350,000 | VALLEY JIG GRINDING, INC | ROCKFORD, IL | Blackhawk Bank |
| $150,000–350,000 | VERSATOOL & DIE MACHINING & ENGINEERING INC | BELOIT, WI | Blackhawk Bank |
| $150,000–350,000 | VILLAGE GREEN NURSERY OF ROCKFORD, INC. | ROCKFORD, IL | Blackhawk Bank |
| $350,000–1 million | VISION PLASTICS, INC. | DELAVAN, WI | Blackhawk Bank |
| $350,000–1 million | WAY 2 EASY, INC | ARLINGTON HEIGHTS, IL | Blackhawk Bank |
| $350,000–1 million | WINNEBAGO FOUNDRY, INC. | SOUTH BELOIT, IL | Blackhawk Bank |
| $150,000–350,000 | YES STAFFING LLC. | MACHESNEY PARK, IL | Blackhawk Bank |