25 SBA loans worth $18.6M went to businesses in Collinsville, IL between October 2021 and June 2026, from 17 lenders. First Mid Bank & Trust made the most, 4 loans. The median loan was $349,500, compared with $231,000 across Illinois, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | First Mid Bank & Trust Bank · Mattoon, IL | 4 | $894K | $257,500 | 25% |
| 2 | Legence Bank Bank · Eldorado, IL | 2 | $906K | $452,850 | 50% |
| 3 | PNC Bank Bank · Wilmington, DE | 2 | $832K | $416,000 | 50% |
| 4 | Small Business Growth Certified development company · Springfield, IL | 2 | $536K | $268,000 | 0% |
| 5 | Huntington National Bank Bank · Columbus, OH | 2 | $400K | $199,750 | 100% |
| 6 | First National Bank of Waterloo Bank · Waterloo, IL | 2 | $275K | $137,500 | 50% |
| 7 | Live Oak Banking Bank · Wilmington, NC | 1 | $4.3M | $4,300,000 | 100% |
| 8 | Rural Missouri Certified development company · Jefferson City, MO | 1 | $4.1M | $4,090,000 | 0% |
| 9 | Citizens Bank Bank · Elizabethton, TN | 1 | $2.7M | $2,700,000 | 100% |
| 10 | STL Partnership CDC Certified development company · St. Louis, MO | 1 | $1.4M | $1,397,000 | 100% |
| 11 | Hanover Community Bank Bank · Garden City Park, NY | 1 | $1.3M | $1,275,000 | 0% |
| 12 | JPMorgan Chase Bank Bank · Columbus, OH | 1 | $350K | $350,000 | 0% |
| 13 | Bank of America Bank · Charlotte, NC | 1 | $238K | $238,000 | 0% |
| 14 | United Midwest Savings Bank Bank · Degraff, OH | 1 | $150K | $150,000 | 100% |
| 15 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $150K | $150,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 5 | $425,000 | Legence Bank | |
| Professional and technical services | 4 | $187,500 | First Mid Bank & Trust | |
| Construction | 4 | $194,000 | Huntington National Bank | |
| Manufacturing | 4 | $257,500 | First Mid Bank & Trust | |
| Health care and social assistance | 3 | $410,000 | PNC Bank | |
| Administrative and support services | 2 | $100,000 | United Midwest Savings Bank | |
| Arts, entertainment and recreation | 1 | $126,000 | Small Business Growth | |
| Other services (repair, personal care) | 1 | $1,397,000 | STL Partnership CDC |