54 SBA loans worth $23.9M went to businesses in Edwardsville, IL between October 2021 and June 2026, from 26 lenders. Huntington National Bank made the most, 6 loans. The median loan was $240,000, compared with $231,000 across Illinois, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 6 | $1.6M | $108,750 | 100% |
| 2 | BayFirst National Bank Bank · St. Petersburg, FL | 5 | $699K | $150,000 | 0% |
| 3 | U.S. Bank Bank · Cincinnati, OH | 5 | $588K | $70,000 | 60% |
| 4 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 4 | $1.0M | $246,750 | 0% |
| 5 | Small Business Growth Certified development company · Springfield, IL | 3 | $6.2M | $1,748,000 | 0% |
| 6 | Bank of Houston Bank · Houston, MO | 3 | $1.0M | $375,000 | 100% |
| 7 | Bank of Springfield Bank · Springfield, IL | 3 | $483K | $58,000 | 0% |
| 8 | St. Louis Bank Bank · St. Louis, MO | 2 | $1.2M | $605,000 | 50% |
| 9 | Busey Bank Bank · Champaign, IL | 2 | $1.2M | $591,000 | 50% |
| 10 | Midwest Regional Bank Bank · Clayton, MO | 2 | $769K | $384,500 | 0% |
| 11 | Bank of Belleville Bank · Belleville, IL | 2 | $480K | $240,000 | 0% |
| 12 | Newtek Bank Bank · Miami, FL | 2 | $225K | $112,500 | 0% |
| 13 | Northeast Bank Bank · Portland, ME | 2 | $200K | $100,000 | 0% |
| 14 | Heritage Bank Bank · Burlington, KY | 1 | $2.2M | $2,206,000 | 0% |
| 15 | Bank Five Nine Bank · Oconomowoc, WI | 1 | $1.3M | $1,254,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 15 | $193,000 | St. Louis Bank | |
| Professional and technical services | 9 | $150,000 | BayFirst National Bank | |
| Arts, entertainment and recreation | 7 | $167,500 | Huntington National Bank | |
| Retail | 6 | $152,500 | U.S. Bank | |
| Other services (repair, personal care) | 4 | $451,800 | Midwest Regional Bank | |
| Health care and social assistance | 3 | $58,000 | Bank of Springfield | |
| Construction | 3 | $396,500 | U.S. Bank | |
| Manufacturing | 3 | $410,000 | America First Federal Credit Union |