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Bank · Effingham, IL

Midland States Bank: SBA lending profile

SBA 7(a) loans, October 2021 to June 30, 2026 · Updated October 15, 2026 · Lender website
130
SBA loans approved
$71.2M
Total approved
$298,750
Median loan
7
States lent in
45%
To startups
#291
National rank by loans

Midland States Bank approved 130 SBA loans worth $71.2M between October 2021 and June 2026, ranking #291 of 2,283 SBA lenders nationally by loan count. Its median loan was $298,750, and 45% went to startups or businesses under two years old. It lent in 7 states, most often in Illinois, and its most financed industry was restaurants and hotels.

SBA loans per fiscal year

0204060FY14: 44 loansFY14FY15: 21 loansFY15FY16: 17 loansFY16FY17: 13 loansFY17FY18: 32 loansFY18FY19: 55 loansFY1955FY20: 5 loansFY20FY21: 20 loansFY21FY22: 25 loansFY22FY23: 34 loansFY23FY24: 27 loansFY24FY25: 26 loansFY25FY26 (Oct to Jun): 18 loansFY2618
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

Where Midland States Bank lends

StateLoansApprovedMedian loanRank in state
Illinois87$45.7M$314,000#23
Missouri28$13.4M$180,250#42
Indiana7$4.0M$260,000#83
Wisconsin4$5.5M$268,000#134
Florida2$558K$278,800#235
Michigan1$1.2M$1,184,000#214
Ohio1$868K$868,000#208

Industries Midland States Bank finances

IndustryLoansShareMedian loan
Restaurants and hotels29
22%
$360,000
Manufacturing22
17%
$472,550
Retail15
12%
$171,000
Construction15
12%
$300,000
Other services (repair, personal care)11
8%
$150,000
Administrative and support services9
7%
$150,000
Arts, entertainment and recreation8
6%
$235,250
Professional and technical services7
5%
$135,000
Health care and social assistance5
4%
$100,000
Finance and insurance3
2%
$201,600
Loan size mix
  • Under $150,00030%
  • $150,000 to $500,00037%
  • $500,000 to $2 million27%
  • $2 million and up6%
Loan programs used
  • Preferred Lender (PLP)66%
  • SBA Express30%
  • Standard 7(a)3%
  • Builders CAPLine1%
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.