Personal loans in Donovan, IL
Donovan is a small community in Illinois, with an estimated 238 residents, and every licensed lender here follows the same state rulebook. Donovan shed about 4.4% of its population between the 2020 base and the 2023 estimate.
The Census estimates 238 residents in Donovan, which ranks it 1,064th of 1,294 places in Illinois. Judge Donovan offers on total cost, not on how quickly the money arrives. To lend to Donovan's 238 residents, a company must hold a Illinois licence, and each sourced row below names the regulator behind it. The nearest larger metro is Beaverville, IL about 5 miles away.
Donovan by the numbers
Set out below is Donovan's local context next to the state-level rules that reach every lender here.
- Population: 238 people, a figure that places Donovan 1,064th among the 1,294 Census places in Illinois (US Census Bureau, Vintage 2023).
- Population trend: About 4.4% below the 2020 Census base.
- Absolute change: 11 residents lost between 2020 and 2023.
- Size percentile: Donovan's 238 people outrank roughly 18% of the places in Illinois.
- Population density: about 726 people per square mile (Census land area 0.3 sq mi).
- By land area: Donovan ranks 1,141st among Illinois's 1,294 places, at 0.3 sq mi.
- State population share: Donovan accounts for about 0.0% of everyone in Illinois.
- National rank: Donovan is the 15,920th most populous of the 19,457 Census places covered here.
- Growth rank: Donovan's 2020-to-2023 change ranks 1,185th of 1,294 places in Illinois.
- Versus Illinois: the state average change is -2.0%, while Donovan moved 4.4%.
- Density in Illinois: Donovan ranks 833rd by people per square mile.
- Density in context: Donovan's 726 people per square mile sit against a Illinois median of 993.
- Location: mapped by the US Census Bureau at 40.8849, -87.6139.
- Nearest larger cities: Beaverville (5 mi); Martinton (6 mi); Sheldon (8 mi); Morocco (9 mi); Watseka (10 mi). Larger metros often have more branches, but online lenders reach Donovan on the same terms.
- Nearest smaller towns: Iroquois (4 mi); Papineau (8 mi); Sammons Point (16 mi).
- Within a 50-mile radius: 22 smaller Census places.
- Within 100 miles: 659 places are larger than Donovan.
The Donovan borrowing checklist
These steps shape the offer you get in Donovan, a place of about 238 people:
- Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
- Price the payment first with our personal loan calculator before any lender quotes you.
- Gather at least three pre-qualified offers and line up the APR, not the headline rate.
- Verify the lender's Illinois licence with the regulator listed on this page.
- Decide the purpose and how you will repay it before approaching any lender.
- When debt already feels heavy, a nonprofit credit counsellor is worth a call first.
- Check the disclosure for fees that raise the true cost above the quoted rate.
What differs between Donovan and the rest of Illinois is not the process but the borrower's own file, among the 238 people here.
Donovan against the rest of Illinois
Donovan is the 1,064th-largest of 1,294 Census places in Illinois and contains about 0.0% of the state's people. For population change between 2020 and 2023, Donovan ranks 1,185th of 1,294 in Illinois (about the 8th percentile). At about 726 people per square mile, Donovan is the 833rd most densely settled place in Illinois. Within 50 miles sit 22 smaller Census places, alongside the 139 that are larger.
Illinois rules behind a Donovan personal loan
This table holds the Illinois rate and licensing rules for consumer loans made to Donovan's 238 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 |
| Payday lending status | Permitted under license; capped at 36% annual percentage rate (payday loans) Source says: "shall not contract for or receive a charge exceeding a 36% annual percentage rate ... for a payday loan". | Illinois General Assembly (Illinois Compiled Statutes) as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer Installment Loan Act license required from the Director of Financial Institutions (loans above 9% APR) Source says: "No person ... shall engage in the business of making loans of money ... except ... after first obtaining a license from the Director of Financial Institutions". | Illinois General Assembly (Illinois Compiled Statutes) as of 2026-09-16 |
Donovan: area, density and distance
Donovan covers about 0.3 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. The resulting density is about 726 people per square mile. For the state's biggest city, Chicago, the distance is roughly 66 miles. Counting outward 50 miles, 139 larger communities surround Donovan. Within the same 50 miles lie 22 smaller Census places.
How lenders reach Donovan
Donovan is moderately settled, with about 726 people per square mile and 139 larger places within 50 miles. Distance to a branch rarely matters for Donovan's 238 residents: the application is online and the price follows your credit file. The nearest larger city, Beaverville, IL about 5 miles away.
Common questions
What are my options in Donovan if my credit is poor?
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Nearby places
- Iroquois, IL — population 129
- Beaverville, IL — population 293
- Martinton, IL — population 322
- Sheldon, IL — population 932
- Papineau, IL — population 131
- Watseka, IL — population 4,510
- St. Anne, IL — population 1,129
- Morocco, IN — population 1,071