Personal loans in Strawn, IL
The roughly 103 people who live in Strawn borrow under Illinois rules; city hall sets no personal-loan rate. Decide the purpose of the loan and your repayment plan before sharing any details with a Strawn lender.
At about 103 residents, Strawn is larger than roughly 5% of the places in Illinois. Lenders active in Strawn report to a Illinois supervisor, identified in the sourced rows below. Population in Strawn dropped about 1.9% over the three years from 2020 to 2023. The closest larger city is Sibley, IL about 5 miles away.
Where Strawn stands
Read the local figures below as context; read the sourced Illinois table as the rulebook a lender here must follow.
- Population: about 103 people live here, which puts Strawn 1,224th of 1,294 Census places in Illinois (Vintage 2023).
- Population trend: A decline of about 1.9% across the 2020-to-2023 comparison.
- People gained or lost: about 2 fewer since the 2020 base.
- Size percentile: about 5% of Illinois communities are smaller than Strawn (103 residents).
- Density: roughly 202 residents per square mile, spread over 0.5 sq mi of land.
- Land area rank: Strawn's 0.5 square miles rank 1,031st of 1,294 places in Illinois.
- Share of state population: Strawn's 103 residents are about 0.0% of Illinois.
- Nationally: Strawn is the 18,089th-largest of 19,457 Census places in the dataset.
- Growth in Illinois: Strawn stands 554th by percentage change from 2020 to 2023, among 1,294 places.
- Versus Illinois: the state average change is -2.0%, while Strawn moved 1.9%.
- Density rank: Strawn places 1,190th among Illinois's places by people per square mile.
- Against the state median: Strawn runs about 202 residents per square mile, where the Illinois median is 993.
- Location: mapped by the US Census Bureau at 40.6537, -88.4000.
- Nearest larger cities: Sibley (5 mi); Forrest (7 mi); Chatsworth (7 mi); Fairbury (9 mi); Anchor (9 mi). Online lenders reach Strawn no matter how far the nearest branch is.
- Smaller communities close by: Foosland (20 mi); Emington (22 mi); Panola (34 mi), each with its own Census population profile.
- Within a 50-mile radius: 8 smaller Census places.
- At 100 miles: 699 larger Census places fall inside that radius.
What Illinois law requires in Strawn
The rows below set out what a licensed lender must follow in Illinois, and so for Strawn's roughly 103 residents.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Illinois Department of Financial and Professional Regulation (IDFPR), Division of Financial Institutions Source says: "DFI licenses, charters, and examines a wide variety of financial products and services including: Consumer and Sales Finance and Collection Agencies". | Illinois Department of Financial and Professional Regulation as of 2026-09-16 |
| Installment lender net-worth requirement | $30,000 minimum positive net worth (plus $25,000 surety bond) Source says: "every applicant shall prove ... that the applicant has and will maintain a positive net worth of a minimum of $30,000". | Illinois General Assembly (Illinois Compiled Statutes) as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 9% annual percentage rate (general written-contract interest cap) Source says: "it shall be lawful for the parties to stipulate or agree that an annual percentage rate of 9%, or any less sum". | Illinois General Assembly (Illinois Compiled Statutes) as of 2026-09-16 |
What is available to Strawn borrowers
At roughly 202 people per square mile, Strawn is lightly settled; 150 larger places lie within 50 miles. Whether Strawn has a local branch or not, a Illinois-licensed lender can serve its 103 people online on the same terms. The nearest larger city, Sibley, IL about 5 miles away.
A practical checklist for Strawn borrowers
These steps shape the offer you get in Strawn, a place of about 103 people:
- Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
- Test your amount and term in the personal loan calculator first.
- Line up several pre-qualified offers and let the APR decide.
- Make sure the lender appears in the Illinois regulator's licence list.
- Test the payment against your current bills before you commit.
- Choose a term you can live with; stretching it lowers the payment but raises total interest.
- Keep the amount to the expense; an approval is not a reason to take more.
None of these steps is Strawn-specific: the same Illinois licensing and disclosure rules reach all 103 residents.
Land, water and location for Strawn
The Census Gazetteer records about 0.5 square miles of land within Strawn, with no significant water area listed. With 103 residents, the land area yields roughly 202 people per square mile. For the state's biggest city, Chicago, the distance is roughly 90 miles. Within 50 miles of Strawn there are 150 larger Census places. The 100-mile radius contains 699 larger places.
Strawn's place among Illinois's 1,294 places
Within Illinois, Strawn holds roughly 0.0% of all residents, the 1,224th-largest share among 1,294 places. Its 2020-to-2023 change ranks 554th of 1,294 Illinois places, putting it near the 57th percentile for growth. By density, at about 202 people per square mile, it ranks 1,190th in Illinois. The population moved by about 2 people between 2020 and 2023, a 1.9% shift.
Common questions
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Nearby places
- Sibley, IL — population 283
- Forrest, IL — population 1,023
- Chatsworth, IL — population 1,161
- Fairbury, IL — population 3,574
- Anchor, IL — population 159
- Melvin, IL — population 413
- Gibson City, IL — population 3,396
- Roberts, IL — population 339