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SBA lender profile

1st MidAmerica CU

1st MidAmerica CU appears in the public SBA loan data with 2 funded 7(a) loans since FY2010, totaling $96K, an average of $48K per loan, and an estimated 7 jobs supported. Its SBA lending concentrates in Illinois and the Retail Trade sector. With only 2 7(a) loans in the data, the sample is too small to read a charge-off rate as a track record.

By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)

Funded loans
2
Since FY2010
Total volume
$96K
Average loan size
$48K
7(a) charge-off rate
Insufficient data
Only 2 7(a) loans in the data
Jobs supported (reported)
7
Programs
7(a)

Is 1st MidAmerica CU the right lender for you?

1st MidAmerica CU appears in the SBA record with 2 funded loans since FY2010, too few to read as a lending pattern. That is not a mark against the institution, but it does mean the record cannot tell you whether it lends to businesses like yours. Lenders with a deeper track record in your state and industry can.

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Where 1st MidAmerica CU lends

Top states by funded SBA volume.

StateLoansTotal volume
Illinois 2 $96K

What 1st MidAmerica CU funds

Top industries by funded SBA volume.

IndustryLoansTotal volume
Retail Trade 1 $56K
Manufacturing 1 $40K

1st MidAmerica CU SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
20111$56K
20121$40K

Related SBA lenders

Other lenders active in Illinois or in Retail Trade.

Comparing lenders? See how to choose an SBA lender by track record.

1st MidAmerica CU: frequently asked questions

Does 1st MidAmerica CU offer SBA loans?

Yes. 1st MidAmerica CU appears in the public SBA data with 2 funded SBA 7(a) loans totaling $96K.

How many SBA loans has 1st MidAmerica CU made?

1st MidAmerica CU is associated with 2 SBA 7(a) loans totaling $96K in the public SBA data (as of 2026-03-31).

What is 1st MidAmerica CU's SBA charge-off rate?

1st MidAmerica CU appears with only 2 7(a) loans in the data, too few for a charge-off rate to be meaningful as a track record. The SBA Lender Score treats fewer than 20 loans as insufficient data for the same reason; see our methodology.

Where does 1st MidAmerica CU do most of its SBA lending?

1st MidAmerica CU's SBA lending in the data is most concentrated in Illinois, and by industry in Retail Trade.

For 1st MidAmerica CU

This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.

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Sources and disclaimer. All figures are computed from the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31), as described in our methodology. The charge-off rate is the share of 1st MidAmerica CU's 7(a) loans marked charged off (504 loans do not report charge-off status); it is not a lifetime default rate. SBA Loan Index is not affiliated with the SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
Cite this analysis

Mario Bailey. (2026). 1st MidAmerica CU SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/1st-midamerica-cu/

Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.

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