Midland States Bank approved 130 SBA loans worth $71.2M between October 2021 and June 2026, ranking #291 of 2,283 SBA lenders nationally by loan count. Its median loan was $298,750, and 45% went to startups or businesses under two years old. It lent in 7 states, most often in Illinois, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Illinois | 87 | $45.7M | $314,000 | #23 |
| Missouri | 28 | $13.4M | $180,250 | #42 |
| Indiana | 7 | $4.0M | $260,000 | #83 |
| Wisconsin | 4 | $5.5M | $268,000 | #134 |
| Florida | 2 | $558K | $278,800 | #235 |
| Michigan | 1 | $1.2M | $1,184,000 | #214 |
| Ohio | 1 | $868K | $868,000 | #208 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 29 | $360,000 | |
| Manufacturing | 22 | $472,550 | |
| Retail | 15 | $171,000 | |
| Construction | 15 | $300,000 | |
| Other services (repair, personal care) | 11 | $150,000 | |
| Administrative and support services | 9 | $150,000 | |
| Arts, entertainment and recreation | 8 | $235,250 | |
| Professional and technical services | 7 | $135,000 | |
| Health care and social assistance | 5 | $100,000 | |
| Finance and insurance | 3 | $201,600 |