Bank of Springfield approved 178 SBA loans worth $52.1M between October 2021 and June 2026, ranking #243 of 2,283 SBA lenders nationally by loan count. Its median loan was $145,100, and 46% went to startups or businesses under two years old. It lent in 10 states, most often in Illinois, and its most financed industry was construction.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Illinois | 136 | $27.5M | $100,000 | #15 |
| Missouri | 28 | $19.3M | $325,000 | #41 |
| South Carolina | 3 | $1.8M | $600,000 | #114 |
| Arizona | 3 | $1.8M | $539,100 | #133 |
| Colorado | 2 | $465K | $232,500 | #183 |
| Kansas | 2 | $205K | $102,500 | #121 |
| Florida | 1 | $330K | $330,500 | #324 |
| Iowa | 1 | $325K | $325,000 | #174 |
| Tennessee | 1 | $301K | $301,000 | #181 |
| Texas | 1 | $80K | $80,000 | #437 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Construction | 23 | $180,000 | |
| Other services (repair, personal care) | 20 | $68,150 | |
| Manufacturing | 19 | $275,000 | |
| Administrative and support services | 18 | $80,300 | |
| Restaurants and hotels | 18 | $196,750 | |
| Professional and technical services | 15 | $191,000 | |
| Retail | 15 | $148,000 | |
| Health care and social assistance | 14 | $153,100 | |
| Transportation and warehousing | 13 | $80,500 | |
| Arts, entertainment and recreation | 11 | $250,000 |