Independent reference built on public SBA FOIA loan data. Not affiliated with the U.S. Small Business Administration.

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SBA lending by metro area

SBA lenders in Charleston, IL

Which lenders fund Charleston-area businesses, how much, and how the market compares with Illinois: SBA 7(a) and 504 loans, FY2010–2026.

By Mario Bailey · SBA FOIA data as of 2026-03-31

SBA loans
53
Total funded
$16.4M
Average loan
$309K
7(a) charge-off
2.1%

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How Charleston compares

Median funded SBA loan and 504 share of loans, FY2010–2026.

Median loan504 share
Charleston area $172K ▼ 22.8% 9.4% ▼ 6.3 pts
Illinois$223K15.7%
United States$179K11.2%

What gets funded in Charleston

IndustryLoansTotal funded
Accommodation and Food Services 11 $6.4M
Other Services 8 $2.4M
Retail Trade 8 $1.6M
Transportation and Warehousing 8 $873K

SBA lending in Charleston by year

Geography, precisely

"Charleston area" here means the Charleston-Mattoon, IL micropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Coles County, IL. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.