31 SBA loans worth $34.0M went to businesses in Mount Vernon, IL between October 2021 and June 2026, from 10 lenders. Community First Bank of the Heartland made the most, 10 loans. The median loan was $320,000, compared with $231,000 across Illinois, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Community First Bank of the Heartland Bank · Mount Vernon, IL | 10 | $4.3M | $167,500 | 20% |
| 2 | Peoples National Bank Bank · Mount Vernon, IL | 7 | $13.3M | $1,575,000 | 43% |
| 3 | Legence Bank Bank · Eldorado, IL | 4 | $2.1M | $440,350 | 100% |
| 4 | First Internet Bank of Indiana Bank · Fishers, IN | 2 | $4.2M | $2,107,500 | 0% |
| 5 | Northeast Bank Bank · Portland, ME | 2 | $268K | $134,100 | 0% |
| 6 | U.S. Bank Bank · Cincinnati, OH | 2 | $25K | $12,500 | 50% |
| 7 | GBank Bank · Las Vegas, NV | 1 | $3.3M | $3,266,900 | 0% |
| 8 | Shoreham Bank Bank · Warwick, RI | 1 | $3.1M | $3,140,000 | 100% |
| 9 | Everwise Credit Union Credit union · South Bend, IN | 1 | $2.8M | $2,788,000 | 0% |
| 10 | Small Business Growth Certified development company · Springfield, IL | 1 | $513K | $513,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 6 | $2,652,500 | Community First Bank of the Heartland | |
| Health care and social assistance | 5 | $513,000 | Peoples National Bank | |
| Administrative and support services | 4 | $427,600 | Legence Bank | |
| Manufacturing | 4 | $350,000 | Community First Bank of the Heartland | |
| Construction | 4 | $142,500 | Community First Bank of the Heartland | |
| Other services (repair, personal care) | 3 | $45,000 | Community First Bank of the Heartland | |
| Finance and insurance | 1 | $5,000,000 | Peoples National Bank | |
| Information and media | 1 | $50,000 | Community First Bank of the Heartland |