SBA lender profile
Sterling Federal Bank, F.S.B.
Sterling Federal Bank, F.S.B. appears in the public SBA loan data with 9 funded 7(a) loans totaling $1.9M, an average of $213K per loan, and an estimated 61 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
9
Total volume
$1.9M
Average loan size
$213K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
61
Programs
7(a)
Bank profile
via FDIC- Total assets
- $501M
- Headquarters
- Sterling, IL
- FDIC cert
- #27664
- Status
- Active
Where Sterling Federal Bank, F.S.B. lends
Top states by funded SBA volume.
What Sterling Federal Bank, F.S.B. funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Other Services | 1 | $500K |
| Manufacturing | 2 | $400K |
| Retail Trade | 1 | $279K |
| Wholesale Trade | 1 | $273K |
| Agriculture, Forestry, Fishing | 1 | $188K |
| Accommodation and Food Services | 1 | $150K |
Sterling Federal Bank, F.S.B. SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2021 | 1 | $279K |
| 2024 | 2 | $773K |
| 2025 | 4 | $688K |
| 2026 | 2 | $180K |
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 Sterling Federal Bank, F.S.B.'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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