SBA lender profile
The Harvard State Bank
The Harvard State Bank appears in the public SBA loan data with 50 funded 7(a) loans since FY2010, totaling $29.6M, an average of $593K per loan, and an estimated 539 jobs supported. Its SBA lending concentrates in Illinois and the Retail Trade sector. Across its 7(a) loans, the charge-off rate is 18.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 30
- Scale 37
- Activity 22
- Consistency 65
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is The Harvard State Bank the right lender for you?
Lenders fund what they know. The Harvard State Bank's SBA lending concentrates in Illinois (35 loans) and Retail Trade (7 loans), at an average loan of $593K. 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
- $327M
- Headquarters
- Harvard, IL
- FDIC cert
- #9079
- Status
- Active
Where The Harvard State Bank lends
Top states by funded SBA volume.
Metro areas where The Harvard State Bank funds
What The Harvard State Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 7 | $16.0M |
| Accommodation and Food Services | 9 | $3.5M |
| Other Services | 8 | $2.6M |
| Arts, Entertainment, Recreation | 9 | $1.8M |
| Real Estate | 2 | $1.5M |
| Health Care and Social Assistance | 5 | $1.4M |
The Harvard State Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 2 | $122K |
| 2011 | 8 | $7.0M |
| 2012 | 1 | $100K |
| 2013 | 10 | $5.8M |
| 2014 | 3 | $590K |
| 2015 | 1 | $62K |
| 2016 | 7 | $2.4M |
| 2017 | 5 | $1.0M |
| 2018 | 4 | $756K |
| 2019 | 1 | $296K |
| 2021 | 4 | $5.4M |
| 2022 | 2 | $5.2M |
| 2023 | 2 | $791K |
Related SBA lenders
Other lenders active in Illinois or in Retail Trade.
Comparing lenders? See how to choose an SBA lender by track record.
The Harvard State Bank: frequently asked questions
Does The Harvard State Bank offer SBA loans?
Yes. The Harvard State Bank appears in the public SBA data with 50 funded SBA 7(a) loans totaling $29.6M.
How many SBA loans has The Harvard State Bank made?
The Harvard State Bank is associated with 50 SBA 7(a) loans totaling $29.6M in the public SBA data (as of 2026-03-31).
What is The Harvard State Bank's SBA charge-off rate?
About 18.0% of The Harvard State 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 The Harvard State Bank do most of its SBA lending?
The Harvard State Bank's SBA lending in the data is most concentrated in Illinois, and by industry in Retail Trade.
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 Harvard State Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/the-harvard-state-bank/
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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