SBA lending by metro area
SBA lenders in Quincy, IL
Which lenders fund Quincy-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
Top SBA lenders in the Quincy area
Ranked by SBA volume funded to businesses located in the Quincy 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 | SomerCor 504, Inc. | 9 | $8.8M | $974K | not reported |
| 2 | First Mid Bank & Trust, National Association | 34 | $5.7M | $167K | 8.82% |
| 3 | Bank of Springfield | 10 | $1.4M | $137K | 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 Quincy compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Quincy area | $150K ▼ 32.7% | 16.1% |
| Illinois | $223K | 15.7% |
| United States | $179K | 11.2% |
What gets funded in Quincy
| Industry | Loans | Total funded |
|---|---|---|
| Wholesale Trade | 9 | $11.8M |
| Accommodation and Food Services | 14 | $5.9M |
| Professional and Technical Services | 5 | $4.1M |
| Manufacturing | 16 | $3.6M |
| Retail Trade | 7 | $3.4M |
| Transportation and Warehousing | 10 | $3.0M |
| Arts, Entertainment, Recreation | 5 | $1.7M |
| Other Services | 5 | $419K |
SBA lending in Quincy by year
Geography, precisely
"Quincy area" here means the Quincy, IL-MO micropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Adams County, IL; Lewis County, MO. 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.