SBA lender profile
Morton Community Bank
Morton Community Bank appears in the public SBA loan data with 61 funded 7(a) loans totaling $14.5M, an average of $238K per loan, and an estimated 575 jobs supported. Its SBA lending concentrates in Illinois and the Other Services sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
61
Total volume
$14.5M
Average loan size
$238K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
575
Programs
7(a)
Bank profile
via FDIC- Total assets
- $5.3B
- Headquarters
- Morton, IL
- FDIC cert
- #18429
- Status
- Active
Where Morton Community Bank lends
Top states by funded SBA volume.
What Morton Community Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Other Services | 8 | $2.9M |
| Accommodation and Food Services | 10 | $2.1M |
| Construction | 6 | $1.7M |
| Retail Trade | 12 | $1.5M |
| Manufacturing | 7 | $1.3M |
| Health Care and Social Assistance | 5 | $1.1M |
Morton Community Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 2 | $700K |
| 2021 | 20 | $6.8M |
| 2022 | 9 | $1.7M |
| 2023 | 13 | $3.5M |
| 2024 | 3 | $260K |
| 2025 | 10 | $1.1M |
| 2026 | 4 | $450K |
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 Morton Community Bank's funded loans marked charged off across all of its
loans in the data; 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.
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