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Bank of Springfield

SPRINGFIELD, IL 62703

⭐ SBA Preferred Lender
215
Loans Approved
$71.5M
Total Volume
$333K
Avg Loan Size
16
States Served

States Served

AlaskaAlabamaArizonaColoradoFloridaIowaIllinoisKansasMissouriMississippiNew YorkOhioSouth CarolinaTennesseeTexasVirginia

Top Industries Financed

  • Landscaping Services
  • Full-Service Restaurants
  • General Freight Trucking, Long Distance, Truckload
  • All Other Specialty Trade Contractors
  • All Other Personal Services

About Bank of Springfield

Bank of Springfield is an SBA-approved lender headquartered in SPRINGFIELD, Illinois. Since 2020, they have approved 215 SBA 7(a) loans totaling $71.5M, with an average loan size of $333K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 16 states.

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SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days