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Foresight Bank

Winnebago, IL 61088

13
Loans Approved
$6.1M
Total Volume
$466K
Avg Loan Size
2
States Served

States Served

IllinoisSouth Carolina

Top Industries Financed

  • Other Activities Related to Real Estate
  • Baked Goods Stores
  • Gasoline Stations with Convenience Stores
  • All Other Professional, Scientific, and Technical Services
  • Pet and Pet Supplies Stores

Quick Summary

Foresight Bank is an SBA-approved lender headquartered in Winnebago, Illinois. Since 2020, they have approved 13 SBA 7(a) loans totaling $6.1M, with an average loan size of $466K. They serve businesses across 2 states.

About Foresight Bank

Foresight Bank is an SBA-approved lender headquartered in Winnebago, Illinois. Since 2020, they have approved 13 SBA 7(a) loans totaling $6.1M, with an average loan size of $466K. They serve businesses across 2 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Foresight Bank an SBA Preferred Lender?

Foresight 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 Foresight Bank approved?

According to SBA FOIA public records, Foresight Bank has approved 13 SBA 7(a) loans totaling $6.1M since 2020. Their average loan size is $466K.

What states does Foresight Bank serve?

Foresight Bank serves businesses in 2 states: Illinois, South Carolina.

How do I apply for an SBA loan with Foresight Bank?

To apply for an SBA 7(a) loan with Foresight 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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