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SBA lenders in Bloomington, IL

SBA 7(a) and 504 loans to businesses in Bloomington (McLean County), October 2021 to June 30, 2026 · Updated October 15, 2026
54
SBA loans approved
$40.3M
Total approved
$377,000
Median loan
27
Lenders active
20%
To startups

54 SBA loans worth $40.3M went to businesses in Bloomington, IL between October 2021 and June 2026, from 27 lenders. Small Business Growth made the most, 6 loans. The median loan was $377,000, compared with $231,000 across Illinois, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Bloomington

#LenderLoansApprovedMedian loanTo startups
1Small Business Growth
Certified development company · Springfield, IL
6$6.6M$719,0000%
2SomerCor 504
Certified development company · Chicago, IL
5$3.8M$493,0000%
3U.S. Bank
Bank · Cincinnati, OH
5$2.8M$60,00060%
4Busey Bank
Bank · Champaign, IL
4$7.5M$1,912,5000%
5Huntington National Bank
Bank · Columbus, OH
4$1.0M$211,500100%
6Northeast Bank
Bank · Portland, ME
4$784K$200,0000%
7Commerce Bank
Bank · Kansas City, MO
3$130K$50,00033%
8GBank
Bank · Las Vegas, NV
2$5.0M$2,497,5000%
9INB
Bank · Springfield, IL
2$800K$400,0000%
10Celtic Bank
Bank · Salt Lake City, UT
2$300K$150,0000%
11TowneBank
Bank · Portsmouth, VA
1$4.5M$4,542,6000%
12Heartland Bank and Trust
Bank · Bloomington, IL
1$1.4M$1,429,9000%
13Primis Bank
Bank · Tappahannock, VA
1$1.0M$1,040,1000%
14Bank of Edison
Bank · Edison, GA
1$731K$731,0000%
15Beacon Bank and Trust
Bank · Boston, MA
1$558K$558,500100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Bloomington. For 504 loans the lender shown is the certified development company.

What gets financed in Bloomington

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels11
20%
$424,200Huntington National Bank
Health care and social assistance10
19%
$497,500U.S. Bank
Construction6
11%
$100,000U.S. Bank
Retail6
11%
$486,500SomerCor 504
Manufacturing5
9%
$350,000Northeast Bank
Other services (repair, personal care)3
6%
$1,310,000Busey Bank
Real estate and rental2
4%
$1,332,500Busey Bank
Administrative and support services2
4%
$171,250First Mid Bank & Trust
Loan size mix
  • Under $150,00026%
  • $150,000 to $500,00039%
  • $500,000 to $2 million22%
  • $2 million and up13%
Compared with Illinois
Median loan, Bloomington
$377,000
Median loan, Illinois
$231,000
Startup share, Bloomington
20%
Startup share, Illinois
27%
Share of state's SBA loans
0.5%

SBA loans per fiscal year in Bloomington

071320FY14: 19 loansFY1419FY15: 9 loansFY15FY16: 18 loansFY16FY17: 13 loansFY17FY18: 12 loansFY18FY19: 14 loansFY19FY20: 16 loansFY20FY21: 17 loansFY21FY22: 12 loansFY22FY23: 11 loansFY23FY24: 14 loansFY24FY25: 13 loansFY25FY26 (Oct to Jun): 4 loansFY264
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.