States Served
Top Industries Financed
- Funeral Homes and Funeral Services
Quick Summary
First Southern Bank is an SBA-approved lender headquartered in MARION, Illinois. Since 2020, they have approved 1 SBA 7(a) loans totaling $215K, with an average loan size of $215K. They primarily serve Illinois businesses.
About First Southern Bank
First Southern Bank is an SBA-approved lender headquartered in MARION, Illinois. Since 2020, they have approved 1 SBA 7(a) loans totaling $215K, with an average loan size of $215K. They primarily serve businesses in Illinois.
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Frequently Asked Questions
Is First Southern Bank an SBA Preferred Lender?
First Southern Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.
How many SBA loans has First Southern Bank approved?
According to SBA FOIA public records, First Southern Bank has approved 1 SBA 7(a) loans totaling $215K since 2020. Their average loan size is $215K.
What states does First Southern Bank serve?
First Southern Bank primarily serves businesses in Illinois.
How do I apply for an SBA loan with First Southern Bank?
To apply for an SBA 7(a) loan with First Southern Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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Contact First Southern Bank
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