Grand Ridge National Bank approved 13 SBA loans worth $7.9M between October 2021 and June 2026, ranking #1078 of 2,283 SBA lenders nationally by loan count. Its median loan was $400,000, and 31% went to startups or businesses under two years old. It lent in 3 states, most often in Illinois, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Illinois | 11 | $6.9M | $400,000 | #98 |
| Georgia | 1 | $635K | $635,000 | #241 |
| Indiana | 1 | $330K | $330,000 | #202 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 3 | $292,000 | |
| Other services (repair, personal care) | 3 | $394,000 | |
| Education | 1 | $207,600 | |
| Finance and insurance | 1 | $400,000 | |
| Health care and social assistance | 1 | $100,000 | |
| Manufacturing | 1 | $1,700,000 | |
| Information and media | 1 | $1,566,600 | |
| Professional and technical services | 1 | $635,000 | |
| Retail | 1 | $693,000 |