SBA lender profile
Millennium Bank
Millennium Bank appears in the public SBA loan data with 381 funded 7(a) loans since FY2010, totaling $705.4M, an average of $1.9M per loan, and an estimated 4,733 jobs supported. Its SBA lending concentrates in Illinois and the Accommodation and Food Services sector. Across its 7(a) loans, the charge-off rate is 1.3%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 84
- Scale 87
- Activity 95
- Consistency 81
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Millennium Bank the right lender for you?
Lenders fund what they know. Millennium Bank's SBA lending concentrates in Illinois (194 loans) and Accommodation and Food Services (216 loans), at an average loan of $1.9M. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $110M
- Headquarters
- San Francisco, CA
- FDIC cert
- #26877
- Status
- Inactive
Where Millennium Bank lends
Top states by funded SBA volume.
Metro areas where Millennium Bank funds
What Millennium Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 216 | $522.5M |
| Retail Trade | 84 | $92.1M |
| Other Services | 30 | $39.7M |
| Manufacturing | 10 | $12.5M |
| Health Care and Social Assistance | 10 | $11.2M |
| Transportation and Warehousing | 7 | $6.6M |
Millennium Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 3 | $1.6M |
| 2011 | 6 | $2.0M |
| 2012 | 8 | $4.3M |
| 2013 | 5 | $4.3M |
| 2014 | 13 | $12.5M |
| 2015 | 16 | $16.1M |
| 2016 | 11 | $14.6M |
| 2017 | 20 | $28.2M |
| 2018 | 29 | $44.0M |
| 2019 | 21 | $39.8M |
| 2020 | 42 | $73.8M |
| 2021 | 45 | $83.9M |
| 2022 | 55 | $102.2M |
| 2023 | 27 | $77.6M |
| 2024 | 50 | $125.8M |
| 2025 | 24 | $64.3M |
| 2026 | 6 | $10.6M |
Related SBA lenders
Other lenders active in Illinois or in Accommodation and Food Services.
Comparing lenders? See how to choose an SBA lender by track record.
Millennium Bank: frequently asked questions
Does Millennium Bank offer SBA loans?
Yes. Millennium Bank appears in the public SBA data with 381 funded SBA 7(a) loans totaling $705.4M.
How many SBA loans has Millennium Bank made?
Millennium Bank is associated with 381 SBA 7(a) loans totaling $705.4M in the public SBA data (as of 2026-03-31).
What is Millennium Bank's SBA charge-off rate?
About 1.3% of Millennium Bank'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 Millennium Bank do most of its SBA lending?
Millennium Bank's SBA lending in the data is most concentrated in Illinois, and by industry in Accommodation and Food Services.
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.
Request your institution's benchmarking →Mario Bailey. (2026). Millennium Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/millennium-bank/
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