SBA lender profile
The First National Bank of Waterloo
The First National Bank of Waterloo appears in the public SBA loan data with 47 funded 7(a) loans since FY2010, totaling $5.2M, an average of $110K per loan, and an estimated 366 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 2.1%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 73
- Scale 11
- Activity 28
- Consistency 65
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is The First National Bank of Waterloo the right lender for you?
Lenders fund what they know. The First National Bank of Waterloo's SBA lending concentrates in Illinois (38 loans) and Accommodation and Food Services (7 loans), at an average loan of $110K. If your business does not look like that, a different SBA lender is likely the better fit.
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Where The First National Bank of Waterloo lends
Top states by funded SBA volume.
What The First National Bank of Waterloo funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 7 | $1.7M |
| Other Services | 7 | $829K |
| Manufacturing | 4 | $470K |
| Transportation and Warehousing | 1 | $400K |
| Health Care and Social Assistance | 4 | $399K |
| Arts, Entertainment, Recreation | 3 | $388K |
The First National Bank of Waterloo SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 1 | $225K |
| 2011 | 1 | $324K |
| 2016 | 1 | $400K |
| 2017 | 3 | $948K |
| 2018 | 4 | $275K |
| 2019 | 1 | $25K |
| 2020 | 2 | $50K |
| 2021 | 7 | $648K |
| 2022 | 14 | $961K |
| 2023 | 10 | $905K |
| 2024 | 2 | $396K |
| 2025 | 1 | $25K |
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.
The First National Bank of Waterloo: frequently asked questions
Does The First National Bank of Waterloo offer SBA loans?
Yes. The First National Bank of Waterloo appears in the public SBA data with 47 funded SBA 7(a) loans totaling $5.2M.
How many SBA loans has The First National Bank of Waterloo made?
The First National Bank of Waterloo is associated with 47 SBA 7(a) loans totaling $5.2M in the public SBA data (as of 2026-03-31).
What is The First National Bank of Waterloo's SBA charge-off rate?
About 2.1% of The First National Bank of Waterloo'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 The First National Bank of Waterloo do most of its SBA lending?
The First National Bank of Waterloo'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). The First National Bank of Waterloo SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/the-first-national-bank-of-waterloo/
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