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SBA lender profile

Time Bank

Time Bank appears in the public SBA loan data with 147 funded 7(a) loans since FY2010, totaling $43.4M, an average of $295K per loan, and an estimated 2,264 jobs supported. Its SBA lending concentrates in Illinois and the Professional and Technical Services sector. Across its 7(a) loans, the charge-off rate is 5.4%. 7.5% of its 7(a) loans were processed under delegated PLP authority.

By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)

Track record 60
Scale 56
Activity 55
Consistency 75

A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.

Funded loans
147
Since FY2010
Total volume
$43.4M
Average loan size
$295K
7(a) charge-off rate
5.4%
Share of 7(a) loans charged off
Jobs supported (reported)
2,264
Programs
7(a)

Is Time Bank the right lender for you?

Lenders fund what they know. Time Bank's SBA lending concentrates in Illinois (58 loans) and Professional and Technical Services (22 loans), at an average loan of $295K. If your business does not look like that, a different SBA lender is likely the better fit.

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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.

StateLoansTotal volume
Illinois 58 $19.9M
Iowa 78 $16.8M
California 4 $2.1M
Virginia 2 $2.1M
Texas 2 $1.2M
Florida 1 $1.0M

Metro areas where Time Bank funds

What Time Bank funds

Top industries by funded SBA volume.

IndustryLoansTotal volume
Professional and Technical Services 22 $8.4M
Construction 15 $7.5M
Retail Trade 23 $6.9M
Administrative and Support 11 $4.4M
Wholesale Trade 15 $3.4M
Other Services 13 $3.4M

Time Bank SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
201029$2.8M
201124$4.2M
201225$13.2M
201315$4.8M
20146$390K
20153$365K
20171$200K
20182$450K
20192$300K
20202$400K
202112$3.4M
20226$3.9M
20235$2.7M
202410$3.2M
20253$2.0M
20262$1.1M

Related SBA lenders

Other lenders active in Illinois or in Professional and Technical Services.

Comparing lenders? See how to choose an SBA lender by track record.

Time Bank: frequently asked questions

Does Time Bank offer SBA loans?

Yes. Time Bank appears in the public SBA data with 147 funded SBA 7(a) loans totaling $43.4M.

How many SBA loans has Time Bank made?

Time Bank is associated with 147 SBA 7(a) loans totaling $43.4M in the public SBA data (as of 2026-03-31).

What is Time Bank's SBA charge-off rate?

About 5.4% of Time 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 Time Bank do most of its SBA lending?

Time Bank's SBA lending in the data is most concentrated in Illinois, and by industry in Professional and Technical Services.

Is Time Bank an SBA Preferred Lender (PLP)?

The loan record shows Time Bank operating under PLP delegated authority: 11 of its 7(a) loans (7.5%) were processed through the Preferred Lenders Program, including 10 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.

For Time Bank

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.

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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 7(a) loans marked charged off (504 loans do not report charge-off status); 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.
Cite this analysis

Mario Bailey. (2026). Time Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/time-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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