25 SBA loans worth $12.5M went to businesses in Urbana, IL between October 2021 and June 2026, from 17 lenders. Northeast Bank made the most, 4 loans. The median loan was $249,600, compared with $231,000 across Illinois, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Northeast Bank Bank · Portland, ME | 4 | $1.0M | $299,800 | 0% |
| 2 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 3 | $725K | $50,000 | 33% |
| 3 | Millennium Bank Bank · Des Plaines, IL | 2 | $6.7M | $3,367,350 | 0% |
| 4 | Small Business Growth Certified development company · Springfield, IL | 2 | $647K | $323,500 | 0% |
| 5 | Newtek Bank Bank · Miami, FL | 2 | $450K | $225,000 | 50% |
| 6 | SomerCor 504 Certified development company · Chicago, IL | 1 | $628K | $628,000 | 0% |
| 7 | Centerstone SBA Lending Non-bank lender · Los Angeles, CA | 1 | $515K | $515,000 | 100% |
| 8 | First Financial Bank Bank · El Dorado, AR | 1 | $488K | $488,400 | 0% |
| 9 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 1 | $480K | $480,000 | 0% |
| 10 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 1 | $150K | $150,000 | 0% |
| 11 | United Midwest Savings Bank Bank · Degraff, OH | 1 | $150K | $150,000 | 100% |
| 12 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $150K | $150,000 | 0% |
| 13 | Midland States Bank Bank · Effingham, IL | 1 | $130K | $130,000 | 100% |
| 14 | Justine Petersen Housing & Reinvestment Non-bank lender · St. Louis, MO | 1 | $110K | $110,000 | 100% |
| 15 | Busey Bank Bank · Champaign, IL | 1 | $100K | $100,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 9 | $515,000 | Newtek Bank | |
| Construction | 5 | $350,000 | BayFirst National Bank | |
| Health care and social assistance | 4 | $149,800 | Northeast Bank | |
| Other services (repair, personal care) | 2 | $256,700 | First Financial Bank | |
| Transportation and warehousing | 2 | $40,850 | Northeast Bank | |
| Manufacturing | 1 | $267,000 | Small Business Growth | |
| Professional and technical services | 1 | $100,000 | Busey Bank | |
| Retail | 1 | $150,000 | United Midwest Savings Bank |