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SBA lenders in Danville, IL

SBA 7(a) and 504 loans to businesses in Danville (Vermilion County), October 2021 to June 30, 2026 · Updated October 15, 2026
32
SBA loans approved
$17.8M
Total approved
$278,000
Median loan
11
Lenders active
41%
To startups

32 SBA loans worth $17.8M went to businesses in Danville, IL between October 2021 and June 2026, from 11 lenders. Fisher National Bank made the most, 14 loans. The median loan was $278,000, compared with $231,000 across Illinois, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Danville

#LenderLoansApprovedMedian loanTo startups
1Fisher National Bank
Bank · Fisher, IL
14$3.2M$182,50064%
2U.S. Bank
Bank · Cincinnati, OH
3$3.4M$1,175,90033%
3CIBM Bank
Bank · Champaign, IL
3$1.2M$500,0000%
4SomerCor 504
Certified development company · Chicago, IL
3$251K$79,0000%
5Shoreham Bank
Bank · Warwick, RI
2$2.3M$1,135,000100%
6Small Business Growth
Certified development company · Springfield, IL
2$1.1M$566,0000%
7GBank
Bank · Las Vegas, NV
1$4.2M$4,183,0000%
8Readycap Lending
Non-bank lender · Berkeley Heights, NJ
1$1.5M$1,472,0000%
9Newtek Bank
Bank · Miami, FL
1$250K$250,0000%
10Colony Bank
Bank · Fitzgerald, GA
1$250K$250,0000%
11Servbank
Bank · Oswego, IL
1$118K$117,600100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Danville. For 504 loans the lender shown is the certified development company.

What gets financed in Danville

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels10
31%
$521,350Fisher National Bank
Other services (repair, personal care)9
28%
$343,800Fisher National Bank
Retail6
19%
$260,500Fisher National Bank
Health care and social assistance3
9%
$150,000U.S. Bank
Education1
3%
$106,000SomerCor 504
Arts, entertainment and recreation1
3%
$340,000Fisher National Bank
Administrative and support services1
3%
$250,000Newtek Bank
Professional and technical services1
3%
$117,600Servbank
Loan size mix
  • Under $150,00028%
  • $150,000 to $500,00044%
  • $500,000 to $2 million22%
  • $2 million and up6%
Compared with Illinois
Median loan, Danville
$278,000
Median loan, Illinois
$231,000
Startup share, Danville
41%
Startup share, Illinois
27%
Share of state's SBA loans
0.3%

SBA loans per fiscal year in Danville

03710FY14: 1 loansFY14FY15: 4 loansFY15FY16: 5 loansFY16FY17: 8 loansFY17FY18: 5 loansFY18FY19: 3 loansFY19FY20: 4 loansFY20FY21: 6 loansFY21FY22: 2 loansFY22FY23: 5 loansFY23FY24: 10 loansFY2410FY25: 7 loansFY25FY26 (Oct to Jun): 8 loansFY268
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.