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Bank of Springfield is a community bank providing personal and business banking solutions across Central Illinois and the Metro St. Louis area. Founded in 1965, the bank operates 16 full-service branches and is committed to developing lifelong customer relationships through convenient, personalized banking services.
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SBA 7(a) Acquisition Loan Data As Of March 31, 2026
Last 12 Months
Last 3 Years
YoY Growth
low activity
As Of March 31, 2026
Median
$515K
Average
$641K
Sweet Spot
$0-$500K
Industries with highest loan volume
Full-Service Restaurants
3
loans
$718K
avg. amount
Full-Service Restaurants
3
loans
$718K
avg
Site Preparation Contractors
1
loans
$665K
avg. amount
Site Preparation Contractors
1
loans
$665K
avg
Portfolio Management and Investment Advice
1
loans
$2.0M
avg. amount
Portfolio Management and Investment Advice
1
loans
$2.0M
avg
Tax Preparation Services
1
loans
$20K
avg. amount
Tax Preparation Services
1
loans
$20K
avg
Baked Goods Retailers
1
loans
$419K
avg. amount
Baked Goods Retailers
1
loans
$419K
avg
All Other Amusement and Recreation Industries
1
loans
$250K
avg. amount
All Other Amusement and Recreation Industries
1
loans
$250K
avg
Other Personal and Household Goods Repair and Maintenance
1
loans
$45K
avg. amount
Other Personal and Household Goods Repair and Maintenance
1
loans
$45K
avg
Roofing Contractors
1
loans
$638K
avg. amount
Roofing Contractors
1
loans
$638K
avg
Fabricated Structural Metal Manufacturing
1
loans
$898K
avg. amount
Fabricated Structural Metal Manufacturing
1
loans
$898K
avg
Landscaping Services
1
loans
$450K
avg. amount
Landscaping Services
1
loans
$450K
avg
10-Year Default Rate
0.0%
Percentile Ranking
0th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 0.75% |
| $500K-$1M | Prime + 0.95% |
| $1M-$2M | Prime + 0.75% |
Spread over Prime at time of loan origination
As Of March 31, 2026 - States by loan volume (darker blue = higher volume)
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