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Peru Federal Savings Bank

Peru, IL 61354

4
Loans Approved
$1.2M
Total Volume
$297K
Avg Loan Size
1
States Served

States Served

Illinois

Top Industries Financed

  • Photography Studios, Portrait
  • Full-Service Restaurants
  • Hotels (except Casino Hotels) and Motels
  • Plumbing, Heating, and Air-Conditioning Contractors

Quick Summary

Peru Federal Savings Bank is an SBA-approved lender headquartered in Peru, Illinois. Since 2020, they have approved 4 SBA 7(a) loans totaling $1.2M, with an average loan size of $297K. They primarily serve Illinois businesses.

About Peru Federal Savings Bank

Peru Federal Savings Bank is an SBA-approved lender headquartered in Peru, Illinois. Since 2020, they have approved 4 SBA 7(a) loans totaling $1.2M, with an average loan size of $297K. They primarily serve businesses in Illinois.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Peru Federal Savings Bank an SBA Preferred Lender?

Peru Federal Savings 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 Peru Federal Savings Bank approved?

According to SBA FOIA public records, Peru Federal Savings Bank has approved 4 SBA 7(a) loans totaling $1.2M since 2020. Their average loan size is $297K.

What states does Peru Federal Savings Bank serve?

Peru Federal Savings Bank primarily serves businesses in Illinois.

How do I apply for an SBA loan with Peru Federal Savings Bank?

To apply for an SBA 7(a) loan with Peru Federal Savings 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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