SBA lender profile
Time Bank
Time Bank appears in the public SBA loan data with 40 funded 7(a) loans totaling $16.8M, an average of $421K per loan, and an estimated 495 jobs supported. Its SBA lending concentrates in Illinois and the Administrative and Support 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
40
Total volume
$16.8M
Average loan size
$421K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
495
Programs
7(a)
Bank profile
via FDIC- Total assets
- $731M
- Headquarters
- Park Ridge, IL
- FDIC cert
- #34038
- Status
- Active
Where Time Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Illinois | 29 | $11.7M |
| California | 4 | $2.1M |
| Texas | 2 | $1.2M |
| Florida | 1 | $1.0M |
| Iowa | 1 | $400K |
| New Jersey | 1 | $250K |
What Time Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Administrative and Support | 6 | $3.6M |
| Other Services | 3 | $2.5M |
| Professional and Technical Services | 9 | $2.3M |
| Wholesale Trade | 5 | $2.1M |
| Health Care and Social Assistance | 4 | $1.7M |
| Construction | 4 | $1.4M |
Time Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 2 | $400K |
| 2021 | 12 | $3.4M |
| 2022 | 6 | $3.9M |
| 2023 | 5 | $2.7M |
| 2024 | 10 | $3.2M |
| 2025 | 3 | $2.0M |
| 2026 | 2 | $1.1M |
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 Time 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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