27 SBA loans worth $16.0M went to businesses in Marion, IL between October 2021 and June 2026, from 12 lenders. SouthernTrust Bank made the most, 7 loans. The median loan was $225,000, compared with $231,000 across Illinois, and other services (repair, personal care) was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | SouthernTrust Bank Bank · Marion, IL | 7 | $3.7M | $500,000 | 0% |
| 2 | U.S. Bank Bank · Cincinnati, OH | 7 | $2.8M | $50,000 | 14% |
| 3 | Peoples National Bank Bank · Mount Vernon, IL | 3 | $4.4M | $900,000 | 33% |
| 4 | Newtek Bank Bank · Miami, FL | 2 | $275K | $137,500 | 0% |
| 5 | Small Business Growth Certified development company · Springfield, IL | 1 | $2.2M | $2,242,000 | 0% |
| 6 | Rockford Local Development Certified development company · Rockford, IL | 1 | $1.2M | $1,227,000 | 0% |
| 7 | American Momentum Bank Bank · College Station, TX | 1 | $756K | $756,200 | 100% |
| 8 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $150K | $150,000 | 0% |
| 9 | Huntington National Bank Bank · Columbus, OH | 1 | $150K | $150,000 | 0% |
| 10 | Northeast Bank Bank · Portland, ME | 1 | $135K | $135,000 | 0% |
| 11 | Legence Bank Bank · Eldorado, IL | 1 | $100K | $100,300 | 0% |
| 12 | Zions Bank, A Division of Bank · Salt Lake City, UT | 1 | $50K | $50,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Other services (repair, personal care) | 6 | $100,000 | U.S. Bank | |
| Construction | 4 | $325,000 | SouthernTrust Bank | |
| Retail | 4 | $187,500 | SouthernTrust Bank | |
| Professional and technical services | 3 | $500,000 | Peoples National Bank | |
| Health care and social assistance | 3 | $756,200 | American Momentum Bank | |
| Restaurants and hotels | 3 | $900,000 | Peoples National Bank | |
| Manufacturing | 2 | $892,900 | SouthernTrust Bank | |
| Information and media | 1 | $1,386,300 | U.S. Bank |