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Bank · Waterloo, IL

First National Bank of Waterloo: SBA lending profile

The First National Bank of Waterloo · SBA 7(a) loans, October 2021 to June 30, 2026 · Updated October 15, 2026 · Lender website
27
SBA loans approved
$2.3M
Total approved
$25,000
Median loan
2
States lent in
52%
To startups
#765
National rank by loans

First National Bank of Waterloo approved 27 SBA loans worth $2.3M between October 2021 and June 2026, ranking #765 of 2,283 SBA lenders nationally by loan count. Its median loan was $25,000, and 52% went to startups or businesses under two years old. It lent in 2 states, most often in Illinois, and its most financed industry was other services (repair, personal care).

SBA loans per fiscal year

071320FY14FY15FY16: 1 loansFY16FY17: 3 loansFY17FY18: 4 loansFY18FY19: 1 loansFY19FY20: 2 loansFY20FY21: 7 loansFY21FY22: 14 loansFY2214FY23: 10 loansFY23FY24: 2 loansFY24FY25: 1 loansFY251
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

Where First National Bank of Waterloo lends

StateLoansApprovedMedian loanRank in state
Illinois22$1.7M$25,000#65
Missouri5$605K$130,000#130

Industries First National Bank of Waterloo finances

IndustryLoansShareMedian loan
Other services (repair, personal care)5
19%
$175,000
Manufacturing4
15%
$100,000
Professional and technical services3
11%
$25,000
Retail3
11%
$20,000
Restaurants and hotels3
11%
$100,000
Administrative and support services2
7%
$145,250
Construction2
7%
$25,000
Wholesale trade2
7%
$30,000
Agriculture, forestry and fishing1
4%
$25,000
Health care and social assistance1
4%
$25,000
Loan size mix
  • Under $150,00074%
  • $150,000 to $500,00026%
  • $500,000 to $2 million0%
  • $2 million and up0%
Loan programs used
  • SBA Express93%
  • Standard 7(a)7%
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.