SBA 7(a) lenders in Champaign, IL

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

69 institutions have SBA 7(a) loans on record in Champaign, together $178.3M across 351 loans. Busey Bank is the largest, with 18% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Busey Bank	65	$31.7M	17.8%	2.56%
2	Millennium Bank	7	$22.3M	12.5%	0.00%
3	Byline Bank	14	$11.3M	6.3%	0.00%
4	First Mid Bank & Trust, National Association	15	$7.6M	4.3%	0.00%
5	Live Oak Banking Company	6	$6.6M	3.7%	0.00%
6	Bank of Rantoul	6	$5.4M	3.1%	4.72%
7	Newtek Small Business Finance, Inc.	3	$5.2M	2.9%	0.00%
8	CIBC Bank USA	3	$5.1M	2.9%	0.00%
9	Citizens Bank	1	$4.4M	2.5%	0.00%
10	Farmers State Bank of Alto Pass, Illinois	1	$4.2M	2.3%	0.00%
11	The Fisher National Bank	14	$4.0M	2.2%	0.00%
12	JPMorgan Chase Bank, National Association	22	$3.4M	1.9%	5.26%
13	Northeast Bank	17	$3.2M	1.8%	0.00%
14	Lake Elmo Bank	2	$3.2M	1.8%	0.00%
15	Commerce Bank	5	$3.1M	1.8%	0.00%
16	CIBM Bank	8	$3.1M	1.8%	0.00%
17	BMO Bank National Association	1	$3.0M	1.7%	0.00%
18	First Internet Bank of Indiana	2	$3.0M	1.7%	4.03%
19	Midland States Bank	13	$2.8M	1.6%	0.00%
20	Newtek Bank, National Association	8	$2.5M	1.4%	0.00%
21	PNC Bank, National Association	13	$2.3M	1.3%	0.78%
22	Customers Bank	2	$2.2M	1.2%	0.00%
23	United Midwest Savings Bank National Association	4	$2.2M	1.2%	0.00%
24	Community State Bank of Rock Falls	1	$2.0M	1.1%	0.00%
25	The Huntington National Bank	10	$2.0M	1.1%	1.21%
26	Readycap Lending, LLC	6	$1.8M	1.0%	11.12%
27	U.S. Bank, National Association	2	$1.7M	0.9%	0.00%
28	The Bancorp Bank National Association	4	$1.6M	0.9%	0.00%
29	Bank of Springfield	8	$1.6M	0.9%	9.47%
30	United Community Bank	4	$1.6M	0.9%	0.00%
31	First State Bank and Trust	2	$1.6M	0.9%	0.00%
32	Morton Community Bank	7	$1.4M	0.8%	0.00%
33	Bank Five Nine	1	$1.4M	0.8%	0.00%
34	INB, National Association	4	$1.3M	0.7%	0.00%
35	Pinnacle Bank	1	$1.2M	0.7%	0.00%
36	BayFirst National Bank	6	$1.2M	0.7%	0.00%
37	Lendistry SBLC, LLC	4	$1.2M	0.7%	0.00%
38	Business Lenders, LLC	1	$1.1M	0.6%	0.00%
39	Centerstone SBA Lending, Inc.	2	$1.1M	0.6%	0.00%
40	Wells Fargo Bank National Association	3	$1.1M	0.6%	0.00%
41	Celtic Bank Corporation	5	$1.1M	0.6%	0.00%
42	First Financial Bank, National Association	6	$1.0M	0.6%	0.00%
43	Grand Ridge National Bank	1	$935K	0.5%	0.00%
44	TowneBank	2	$887K	0.5%	0.00%
45	Old National Bank	2	$816K	0.5%	52.70%
46	Heartland Bank and Trust Company	5	$692K	0.4%	11.28%
47	First Federal Savings Bank of Champaign-Urbana	5	$675K	0.4%	0.00%
48	PromiseOne Bank	1	$560K	0.3%	0.00%
49	First Financial Bank	1	$488K	0.3%	0.00%
50	BankChampaign, National Association	3	$488K	0.3%	0.00%
51	Stearns Bank National Association	2	$407K	0.2%	0.00%
52	First Bank	1	$390K	0.2%	0.00%
53	Citizens First Bank	1	$385K	0.2%	0.00%
54	Security Bank, S.B.	1	$330K	0.2%	0.00%
55	OakStar Bank	1	$315K	0.2%	0.00%
56	Verve, a Credit Union	1	$300K	0.2%	0.00%
57	Village Bank and Trust, National Association	1	$290K	0.2%	0.00%
58	Hanmi Bank	1	$275K	0.2%	0.00%
59	Justine Petersen Housing & Reinvestment Corporation	2	$230K	0.1%	46.58%
60	SouthState Bank, National Association	1	$228K	0.1%	0.00%
61	Dewey Bank	1	$150K	0.1%	100.00%
62	Cathay Bank	1	$150K	0.1%	0.00%
63	Colony Bank	1	$150K	0.1%	0.00%
64	The Bank of Missouri	1	$140K	0.1%	0.00%
65	CDC Small Business Finance Corp.	1	$126K	0.1%	0.00%
66	The Riddell National Bank	1	$100K	0.1%	0.00%
67	Longview Bank	1	$81K	0.0%	50.95%
68	Bank of Hope	2	$75K	0.0%	0.00%
69	VelocitySBA, LLC	1	$5K	0.0%	0.00%

Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.

What the money went into

Rank	Industry	Loans	Approved	Share of county
1	Accommodation & food services	80	$67.4M	37.8%
2	Retail trade	39	$19.1M	10.7%
3	Professional & technical services	35	$14.4M	8.1%
4	Health care & social assistance	39	$12.7M	7.1%
5	Construction	27	$11.4M	6.4%
6	Real estate & leasing	14	$10.0M	5.6%
7	Arts, entertainment & recreation	9	$7.1M	4.0%
8	Information	4	$5.3M	3.0%
9	Wholesale trade	10	$5.2M	2.9%
10	Other services	27	$4.9M	2.7%
11	Administrative & waste services	13	$4.7M	2.6%
12	Manufacturing	9	$4.3M	2.4%
13	Manufacturing	9	$3.1M	1.7%
14	Manufacturing	8	$2.9M	1.6%
15	Finance & insurance	4	$2.2M	1.2%
16	Transportation & warehousing	13	$2.1M	1.2%
17	Retail trade	9	$1.4M	0.8%
18	Educational services	2	$360K	0.2%

Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.

About this data

Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.