SBA 7(a) lenders in Ford, IL
Approvals in SBA fiscal years 2009–2019. Source data as of 2026-06-30.
Lenders
14 institutions have SBA 7(a) loans on record in Ford, together $7.3M across 18 loans. Live Oak Banking Company is the largest, with 28% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 2 | $2.0M | 28.1% | 0.00% |
| 2 | First Financial Bank | 1 | $1.8M | 24.2% | 0.00% |
| 3 | U.S. Bank, National Association | 2 | $1.3M | 17.4% | 0.00% |
| 4 | Busey Bank | 2 | $567K | 7.8% | 0.00% |
| 5 | Old National Bank | 1 | $371K | 5.1% | 67.09% |
| 6 | Millennium Bank | 1 | $340K | 4.7% | 0.00% |
| 7 | Citizens Bank, National Association | 2 | $217K | 3.0% | 0.00% |
| 8 | Grand Ridge National Bank | 1 | $215K | 3.0% | 0.00% |
| 9 | First National Bank in Paxton | 1 | $150K | 2.1% | 0.00% |
| 10 | The Frederick Community Bank | 1 | $150K | 2.1% | 0.00% |
| 11 | Morton Community Bank | 1 | $80K | 1.1% | 0.00% |
| 12 | Bank of Pontiac | 1 | $75K | 1.0% | 0.00% |
| 13 | JPMorgan Chase Bank, National Association | 1 | $25K | 0.3% | 0.00% |
| 14 | VelocitySBA, LLC | 1 | $10K | 0.1% | 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 | Retail trade | 4 | $2.2M | 29.8% |
| 2 | Professional & technical services | 3 | $2.1M | 29.2% |
| 3 | Wholesale trade | 2 | $1.3M | 17.4% |
| 4 | Construction | 1 | $522K | 7.2% |
| 5 | Accommodation & food services | 3 | $515K | 7.1% |
| 6 | Health care & social assistance | 1 | $371K | 5.1% |
| 7 | Retail trade | 3 | $227K | 3.1% |
| 8 | Other services | 1 | $75K | 1.0% |
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.