SBA 7(a) lenders in Sangamon, IL

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

Lenders

61 institutions have SBA 7(a) loans on record in Sangamon, together $252.4M across 764 loans. Morton Community Bank is the largest, with 13% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Morton Community Bank	90	$31.8M	12.6%	5.60%
2	United Community Bank	129	$24.3M	9.6%	5.53%
3	INB, National Association	120	$20.8M	8.3%	2.25%
4	Bank of Springfield	116	$20.4M	8.1%	0.73%
5	Heartland Bank and Trust Company	53	$19.9M	7.9%	1.86%
6	Byline Bank	16	$15.9M	6.3%	0.00%
7	Millennium Bank	3	$12.9M	5.1%	0.00%
8	Live Oak Banking Company	9	$11.6M	4.6%	0.00%
9	Peoples Bank & Trust	18	$11.5M	4.6%	0.00%
10	Bank and Trust Company	9	$7.9M	3.1%	0.00%
11	Enterprise Bank & Trust	2	$6.2M	2.5%	0.00%
12	U.S. Bank, National Association	28	$5.9M	2.4%	0.89%
13	First Bankers Trust Company National Association	36	$5.8M	2.3%	1.77%
14	Security Bank, S.B.	12	$5.3M	2.1%	22.27%
15	Columbia Bank	2	$5.0M	2.0%	0.00%
16	VelocitySBA, LLC	3	$4.9M	1.9%	0.00%
17	First Financial Bank	2	$4.5M	1.8%	0.00%
18	Northbrook Bank & Trust Company, National Association	3	$4.2M	1.7%	0.00%
19	West Central Bank	7	$3.7M	1.5%	0.00%
20	Celtic Bank Corporation	2	$2.6M	1.0%	0.00%
21	CIBM Bank	1	$2.3M	0.9%	0.00%
22	Prairie State Bank and Trust	7	$2.1M	0.8%	0.00%
23	PNC Bank, National Association	17	$1.9M	0.7%	1.02%
24	OakStar Bank	1	$1.7M	0.7%	53.65%
25	Midwest Regional Bank	2	$1.6M	0.6%	0.00%
26	First Mid Bank & Trust, National Association	3	$1.3M	0.5%	0.00%
27	Citizens Equity First Credit Union	6	$1.3M	0.5%	34.60%
28	CCFBank National Association	2	$1.1M	0.4%	0.00%
29	Newtek Bank, National Association	5	$1.0M	0.4%	0.00%
30	Hanmi Bank	1	$845K	0.3%	0.00%
31	Carrollton Bank	3	$815K	0.3%	0.00%
32	JPMorgan Chase Bank, National Association	9	$719K	0.3%	9.28%
33	Happen Bank	1	$718K	0.3%	0.00%
34	Hickory Point Bank and Trust	1	$700K	0.3%	0.00%
35	First Internet Bank of Indiana	1	$700K	0.3%	0.00%
36	Community Bank of Mississippi	1	$678K	0.3%	0.00%
37	Wells Fargo Bank National Association	2	$655K	0.3%	0.00%
38	Warren-Boynton State Bank	3	$598K	0.2%	0.00%
39	First Business Bank	1	$594K	0.2%	0.00%
40	The Huntington National Bank	3	$578K	0.2%	0.00%
41	First Financial Bank	1	$440K	0.2%	0.00%
42	America First Federal Credit Union	1	$435K	0.2%	0.00%
43	Northeast Bank	3	$385K	0.2%	0.00%
44	Old National Bank	1	$328K	0.1%	0.00%
45	Royal Banks of Missouri	1	$315K	0.1%	0.00%
46	Independence Bank	3	$300K	0.1%	31.67%
47	BayFirst National Bank	1	$300K	0.1%	0.00%
48	The First National Bank of Arenzville	3	$290K	0.1%	47.39%
49	Metro City Bank	1	$270K	0.1%	0.00%
50	First Bank	1	$249K	0.1%	0.00%
51	CDC Small Business Finance Corp.	2	$248K	0.1%	0.00%
52	Newtek Small Business Finance, Inc.	2	$236K	0.1%	0.00%
53	Williamsville State Bank & Trust	2	$230K	0.1%	0.00%
54	American Bank of Freedom	1	$228K	0.1%	0.00%
55	KeyBank National Association	1	$225K	0.1%	0.00%
56	The First National Bank of Raymond	2	$170K	0.1%	0.00%
57	Land of Lincoln Credit Union	2	$170K	0.1%	34.77%
58	Readycap Lending, LLC	2	$154K	0.1%	0.00%
59	Capital One National Association	2	$125K	0.0%	17.95%
60	Justine Petersen Housing & Reinvestment Corporation	1	$42K	0.0%	0.00%
61	Lendistry SBLC, LLC	1	$31K	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	142	$66.2M	26.2%
2	Retail trade	75	$29.6M	11.7%
3	Other services	93	$28.2M	11.2%
4	Construction	76	$20.4M	8.1%
5	Arts, entertainment & recreation	34	$17.4M	6.9%
6	Professional & technical services	61	$12.4M	4.9%
7	Wholesale trade	29	$12.2M	4.8%
8	Manufacturing	19	$10.6M	4.2%
9	Health care & social assistance	54	$9.5M	3.8%
10	Retail trade	35	$8.0M	3.2%
11	Manufacturing	11	$7.4M	2.9%
12	Administrative & waste services	52	$7.2M	2.8%
13	Manufacturing	20	$6.7M	2.7%
14	Real estate & leasing	18	$5.4M	2.2%
15	Transportation & warehousing	16	$4.5M	1.8%
16	Educational services	8	$3.2M	1.3%
17	Finance & insurance	10	$2.7M	1.1%
18	Information	7	$401K	0.2%
19	Agriculture, forestry & fishing	2	$277K	0.1%
20	Utilities	1	$80K	0.0%
21	Transportation & warehousing	1	$55K	0.0%

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.