Bank · Effingham, IL
Midland States Bank
Made 17 SBA 7(a) change-of-ownership loans totaling $11.9M in FY2024 to FY2026: #173 of 1,054 lenders by loans and #219 by dollars. Lends in 3 states. Part of Midland States Bcorp Inc.
#173by loans, FY24–26
17loans
$11.9Mapproved
$225Kmedian 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 | 9 | $9.8M | $202K | 0.2% |
| FY2025 | 6 | $1.7M | $299K | 0.1% |
| FY2026 | 2 | $425K | $212K | 0.0% |
Loan size
Deal size mix
12% of its loans were $1M or more.
- Under $350K11 loans · 65% · $1.8M
- $350K to $1M4 loans · 24% · $1.6M
- $1M to $2M0 loans · 0% · $0K
- $2M to $5M2 loans · 12% · $8.5M
Where the money goes
Top industries
| Industry | Loans | Dollars |
|---|---|---|
| Manufacturing | 5 | $9.6M |
| Accommodation & Food Services | 3 | $1.0M |
| Health Care & Social Assistance | 2 | $157K |
| Arts, Entertainment & Recreation | 2 | $274K |
| Utilities | 1 | $225K |
| Finance & Insurance | 1 | $202K |
| Retail Trade | 1 | $140K |
| Construction | 1 | $200K |
Business location
Top states
| Business state | Loans | Dollars |
|---|---|---|
| Illinois | 13 | $11.0M |
| Missouri | 3 | $632K |
| Florida | 1 | $225K |
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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