SBA 7(a) lenders in Perry, IL
Approvals in SBA fiscal years 2008–2025. Source data as of 2026-06-30.
Lenders
11 institutions have SBA 7(a) loans on record in Perry, together $16.2M across 32 loans. Community First Bank of the Heartland is the largest, with 54% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Community First Bank of the Heartland | 11 | $8.9M | 54.5% | 17.94% |
| 2 | Peoples National Bank National Association | 7 | $2.3M | 13.9% | 4.02% |
| 3 | Murphy-Wall State Bank and Trust Company | 5 | $1.7M | 10.7% | 38.68% |
| 4 | Citizens Community Bank | 1 | $1.1M | 6.5% | 0.00% |
| 5 | First Western SBLC, LLC | 1 | $890K | 5.5% | 0.00% |
| 6 | Newtek Bank, National Association | 1 | $500K | 3.1% | 0.00% |
| 7 | The Bank of Herrin | 1 | $270K | 1.7% | 0.00% |
| 8 | Midland States Bank | 1 | $250K | 1.5% | 0.00% |
| 9 | Banterra Bank | 2 | $235K | 1.4% | 0.00% |
| 10 | Farmers State Bank of Alto Pass, Illinois | 1 | $165K | 1.0% | 0.00% |
| 11 | Old National Bank | 1 | $34K | 0.2% | 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 | Transportation & warehousing | 5 | $5.1M | 31.2% |
| 2 | Professional & technical services | 3 | $2.6M | 15.8% |
| 3 | Wholesale trade | 5 | $1.4M | 8.4% |
| 4 | Arts, entertainment & recreation | 4 | $1.4M | 8.3% |
| 5 | Accommodation & food services | 3 | $1.3M | 7.8% |
| 6 | Other services | 1 | $1.1M | 6.5% |
| 7 | Retail trade | 2 | $1.1M | 6.5% |
| 8 | Manufacturing | 2 | $665K | 4.1% |
| 9 | Construction | 3 | $595K | 3.7% |
| 10 | Manufacturing | 1 | $500K | 3.1% |
| 11 | Retail trade | 1 | $270K | 1.7% |
| 12 | Administrative & waste services | 1 | $250K | 1.5% |
| 13 | Manufacturing | 1 | $245K | 1.5% |
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.