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SBA lending by metro area

SBA lenders in Danville, IL

Which lenders fund Danville-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
131
Total funded
$62.6M
Average loan
$478K
7(a) charge-off
2.8%

Top SBA lenders in the Danville area

Ranked by SBA volume funded to businesses located in the Danville micropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.

# Lender Loans Total funded Average loan 7(a) charge-off
1 The Fisher National Bank 34 $7.9M $231K 2.94%
2 Small Business Growth Corporation 14 $7.5M $533K not reported
3 Byline Bank 8 $5.7M $719K not reported
4 Busey Bank 6 $3.1M $517K not reported
5 SomerCor 504, Inc. 9 $2.4M $263K not reported
6 CIBM Bank 7 $2.1M $306K not reported
7 First Financial Bank, National Association 6 $1.3M $212K not reported

SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.

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How Danville compares

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

Median loan504 share
Danville area $300K ▲ 34.6% 17.6% ▲ 1.9 pts
Illinois$223K15.7%
United States$179K11.2%

What gets funded in Danville

IndustryLoansTotal funded
Accommodation and Food Services 30 $26.7M
Retail Trade 33 $14.1M
Other Services 26 $7.7M
Manufacturing 8 $4.5M
Administrative and Support 6 $1.8M
Health Care and Social Assistance 5 $1.7M
Professional and Technical Services 5 $887K

SBA lending in Danville by year

Geography, precisely

"Danville area" here means the Danville, IL micropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Vermilion 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.