Bank · Springfield, IL
Bank of Springfield
Made 27 SBA 7(a) change-of-ownership loans totaling $15.1M in FY2024 to FY2026: #129 of 1,054 lenders by loans and #195 by dollars. Lends in 3 states. Part of Spring Bcorp Inc.
#129by loans, FY24–26
27loans
$15.1Mapproved
$413Kmedian loan
Volume
By fiscal year
Share of all loans = this lender’s loans as a share of every SBA acquisition loan that year.
| Fiscal year | Loans | Dollars | Median | Share of all loans |
|---|---|---|---|---|
| FY2024 | 8 | $5.8M | $588K | 0.1% |
| FY2025 | 10 | $6.8M | $382K | 0.1% |
| FY2026 | 9 | $2.5M | $215K | 0.1% |
Loan size
Deal size mix
15% of its loans were $1M or more.
- Under $350K12 loans · 44% · $1.4M
- $350K to $1M11 loans · 41% · $6.3M
- $1M to $2M2 loans · 7% · $2.8M
- $2M to $5M2 loans · 7% · $4.7M
Where the money goes
Top industries
| Industry | Loans | Dollars |
|---|---|---|
| Manufacturing | 5 | $4.8M |
| Accommodation & Food Services | 5 | $2.8M |
| Administrative & Support, Waste Mgmt | 4 | $758K |
| Construction | 3 | $1.4M |
| Arts, Entertainment & Recreation | 3 | $1.6M |
| Retail Trade | 2 | $832K |
| Health Care & Social Assistance | 2 | $870K |
| Finance & Insurance | 1 | $2.0M |
Business location
Top states
| Business state | Loans | Dollars |
|---|---|---|
| Illinois | 22 | $10.0M |
| South Carolina | 3 | $1.8M |
| Missouri | 2 | $3.3M |
Keep exploring
Related pages
Top lenders in its top states
Its top industries and deal size
Lenders of similar size
Guides and rankings
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