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The Harvard State Bank

HARVARD, IL 60033

8
Loans Approved
$11.4M
Total Volume
$1.4M
Avg Loan Size
2
States Served

States Served

Top Industries Financed

  • Child Day Care Services
  • Limited-Service Restaurants
  • New Car Dealers
  • Gasoline Stations with Convenience Stores

Quick Summary

The Harvard State Bank is an SBA-approved lender headquartered in HARVARD, Illinois. Since 2020, they have approved 8 SBA 7(a) loans totaling $11.4M, with an average loan size of $1.4M. They serve businesses across 2 states.

About The Harvard State Bank

The Harvard State Bank is an SBA-approved lender headquartered in HARVARD, Illinois. Since 2020, they have approved 8 SBA 7(a) loans totaling $11.4M, with an average loan size of $1.4M. They serve businesses across 2 states.

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Frequently Asked Questions

Is The Harvard State Bank an SBA Preferred Lender?

The Harvard State 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 The Harvard State Bank approved?

According to SBA FOIA public records, The Harvard State Bank has approved 8 SBA 7(a) loans totaling $11.4M since 2020. Their average loan size is $1.4M.

What states does The Harvard State Bank serve?

The Harvard State Bank serves businesses in 2 states: Illinois, Wisconsin.

How do I apply for an SBA loan with The Harvard State Bank?

To apply for an SBA 7(a) loan with The Harvard State 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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