SBA 7(a) lenders in Marion, IL
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
18 institutions have SBA 7(a) loans on record in Marion, together $26.4M across 77 loans. Peoples National Bank National Association is the largest, with 30% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Peoples National Bank National Association | 37 | $7.9M | 30.0% | 16.04% |
| 2 | Community First Bank of the Heartland | 7 | $5.8M | 21.9% | 0.00% |
| 3 | Gulf Coast Bank and Trust Company | 1 | $4.2M | 15.8% | 0.00% |
| 4 | Midland States Bank | 2 | $3.0M | 11.4% | 0.00% |
| 5 | Community Partners Savings Bank | 10 | $1.9M | 7.3% | 0.00% |
| 6 | Millennium Bank | 1 | $772K | 2.9% | 0.00% |
| 7 | Northeast Bank | 1 | $500K | 1.9% | 0.00% |
| 8 | CenTrust Bank, A Division of SmartBiz Bank National Association | 1 | $488K | 1.8% | 0.00% |
| 9 | Midwest Regional Bank | 1 | $375K | 1.4% | 0.00% |
| 10 | Pathward National Association | 1 | $335K | 1.3% | 0.00% |
| 11 | Dieterich Bank | 2 | $296K | 1.1% | 0.00% |
| 12 | Scott Credit Union | 1 | $275K | 1.0% | 0.00% |
| 13 | The Bank of Houston | 1 | $148K | 0.6% | 0.00% |
| 14 | U.S. Bank, National Association | 3 | $130K | 0.5% | 0.00% |
| 15 | Celtic Bank Corporation | 1 | $110K | 0.4% | 0.00% |
| 16 | Regions Bank | 1 | $75K | 0.3% | 0.00% |
| 17 | Newtek Bank, National Association | 1 | $55K | 0.2% | 0.00% |
| 18 | VelocitySBA, LLC | 5 | $33K | 0.1% | 31.55% |
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 | 16 | $10.4M | 39.5% |
| 2 | Health care & social assistance | 11 | $7.5M | 28.4% |
| 3 | Accommodation & food services | 8 | $2.5M | 9.3% |
| 4 | Retail trade | 7 | $1.8M | 6.9% |
| 5 | Construction | 7 | $800K | 3.0% |
| 6 | Administrative & waste services | 6 | $520K | 2.0% |
| 7 | Other services | 7 | $483K | 1.8% |
| 8 | Manufacturing | 1 | $375K | 1.4% |
| 9 | Agriculture, forestry & fishing | 1 | $350K | 1.3% |
| 10 | Real estate & leasing | 1 | $350K | 1.3% |
| 11 | Finance & insurance | 2 | $340K | 1.3% |
| 12 | Transportation & warehousing | 2 | $315K | 1.2% |
| 13 | Information | 2 | $300K | 1.1% |
| 14 | Arts, entertainment & recreation | 2 | $296K | 1.1% |
| 15 | Manufacturing | 1 | $49K | 0.2% |
| 16 | Wholesale trade | 1 | $20K | 0.1% |
| 17 | Professional & technical services | 2 | $20K | 0.1% |
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.