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SBA lending by metro area

SBA lenders in Marion, IL

Which lenders fund Marion-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
110
Total funded
$62.6M
Average loan
$569K
7(a) charge-off
5.4%

Top SBA lenders in the Marion area

Ranked by SBA volume funded to businesses located in the Marion 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 Small Business Growth Corporation 12 $11.7M $975K not reported
2 U.S. Bank, National Association 18 $7.1M $393K not reported
3 Farmers State Bank of Alto Pass, Illinois 5 $5.8M $1.2M not reported
4 SouthernTrust Bank 10 $4.0M $403K not reported
5 Peoples National Bank National Association 11 $3.2M $289K not reported
6 Community First Bank of the Heartland 5 $2.8M $551K not reported
7 Banterra Bank 5 $2.0M $409K not reported
8 Legence Bank 7 $1.6M $227K 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 Marion compares

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

Median loan504 share
Marion area $264K ▲ 18.4% 15.4%
Illinois$223K15.7%
United States$179K11.2%

What gets funded in Marion

IndustryLoansTotal funded
Accommodation and Food Services 18 $12.2M
Professional and Technical Services 10 $10.4M
Retail Trade 20 $9.0M
Health Care and Social Assistance 11 $6.2M
Wholesale Trade 5 $5.9M
Construction 13 $5.6M
Manufacturing 7 $3.9M
Other Services 12 $2.6M

SBA lending in Marion by year

Geography, precisely

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