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SBA lender profile

Heartland Bank and Trust Company

Heartland Bank and Trust Company appears in the public SBA loan data with 293 funded 7(a) loans since FY2010, totaling $105.6M, an average of $361K per loan, and an estimated 3,870 jobs supported. Its SBA lending concentrates in Illinois and the Manufacturing sector. Across its 7(a) loans, the charge-off rate is 4.4%. 20.5% of its 7(a) loans were processed under delegated PLP authority.

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

Track record 64
Scale 73
Activity 24
Consistency 77

A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.

Funded loans
293
Since FY2010
Total volume
$105.6M
Average loan size
$361K
7(a) charge-off rate
4.4%
Share of 7(a) loans charged off
Jobs supported (reported)
3,870
Programs
7(a)

Is Heartland Bank and Trust Company the right lender for you?

Lenders fund what they know. Heartland Bank and Trust Company's SBA lending concentrates in Illinois (284 loans) and Manufacturing (25 loans), at an average loan of $361K. If your business does not look like that, a different SBA lender is likely the better fit.

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Bank profile

via FDIC
Total assets
$6.8B
Headquarters
Bloomington, IL
FDIC cert
#20369
Status
Active

Where Heartland Bank and Trust Company lends

Top states by funded SBA volume.

StateLoansTotal volume
Illinois 284 $102.4M
Missouri 4 $1.8M
Iowa 4 $1.4M
Wisconsin 1 $150K

Metro areas where Heartland Bank and Trust Company funds

What Heartland Bank and Trust Company funds

Top industries by funded SBA volume.

IndustryLoansTotal volume
Manufacturing 25 $15.8M
Retail Trade 40 $15.7M
Accommodation and Food Services 50 $12.9M
Wholesale Trade 11 $11.2M
Professional and Technical Services 32 $10.3M
Construction 26 $9.4M

Heartland Bank and Trust Company SBA lending by year

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

Fiscal yearLoansTotal volume
201033$9.6M
201138$12.1M
201236$7.6M
201325$8.2M
201429$17.1M
201529$12.4M
201622$5.2M
201717$6.5M
201811$2.4M
20199$4.5M
202018$5.5M
202117$10.6M
20227$3.0M
20231$573K
20241$364K

Related SBA lenders

Other lenders active in Illinois or in Manufacturing.

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

Heartland Bank and Trust Company: frequently asked questions

Does Heartland Bank and Trust Company offer SBA loans?

Yes. Heartland Bank and Trust Company appears in the public SBA data with 293 funded SBA 7(a) loans totaling $105.6M.

How many SBA loans has Heartland Bank and Trust Company made?

Heartland Bank and Trust Company is associated with 293 SBA 7(a) loans totaling $105.6M in the public SBA data (as of 2026-03-31).

What is Heartland Bank and Trust Company's SBA charge-off rate?

About 4.4% of Heartland Bank and Trust Company's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.

Where does Heartland Bank and Trust Company do most of its SBA lending?

Heartland Bank and Trust Company's SBA lending in the data is most concentrated in Illinois, and by industry in Manufacturing.

Is Heartland Bank and Trust Company an SBA Preferred Lender (PLP)?

The loan record shows Heartland Bank and Trust Company operating under PLP delegated authority: 60 of its 7(a) loans (20.5%) were processed through the Preferred Lenders Program. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.

For Heartland Bank and Trust Company

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 Heartland Bank and Trust Company'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). Heartland Bank and Trust Company SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/heartland-bank-and-trust-company/

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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