Skip to main content
Home → Illinois → Prairie State Bank and Trust

Prairie State Bank and Trust

SPRINGFIELD, IL 62711

2
Loans Approved
$800K
Total Volume
$400K
Avg Loan Size
1
States Served

States Served

Illinois

Top Industries Financed

  • Insurance Agencies and Brokerages

Quick Summary

Prairie State Bank and Trust is an SBA-approved lender headquartered in SPRINGFIELD, Illinois. Since 2020, they have approved 2 SBA 7(a) loans totaling $800K, with an average loan size of $400K. They primarily serve Illinois businesses.

About Prairie State Bank and Trust

Prairie State Bank and Trust is an SBA-approved lender headquartered in SPRINGFIELD, Illinois. Since 2020, they have approved 2 SBA 7(a) loans totaling $800K, with an average loan size of $400K. They primarily serve businesses in Illinois.

Before you apply — know where you stand

Nav is the only place where you can track your FICO SBSS score — the score the SBA uses to determine loan eligibility.

Check My FICO SBSS →

Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Prairie State Bank and Trust an SBA Preferred Lender?

Prairie State Bank and Trust 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 Prairie State Bank and Trust approved?

According to SBA FOIA public records, Prairie State Bank and Trust has approved 2 SBA 7(a) loans totaling $800K since 2020. Their average loan size is $400K.

What states does Prairie State Bank and Trust serve?

Prairie State Bank and Trust primarily serves businesses in Illinois.

How do I apply for an SBA loan with Prairie State Bank and Trust?

To apply for an SBA 7(a) loan with Prairie State Bank and Trust, 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+.

Get in Touch with This Lender

Contact Prairie State Bank and Trust

Your information is never shared without your permission.

Ready to Apply for an SBA Loan?

Check if you qualify in minutes — no impact to your credit score.

Check My Eligibility at SmartBiz →Browse Illinois Lenders

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