Loading...
Loading...
Midland States Bank is a community-based financial institution headquartered in Effingham, Illinois, offering comprehensive banking, lending, and wealth management services for personal, small business, and commercial customers. The bank provides checking and savings accounts, mortgages, personal loans, business lending, and wealth management services across multiple locations.
Have you worked with Midland States Bank? Share your experience to help others.
Loading reviews...
SBA 7(a) Acquisition Loan Data As Of March 31, 2026
Last 12 Months
Last 3 Years
YoY Growth
no activity
As Of March 31, 2026
Median
$314K
Average
$716K
Sweet Spot
$0-$500K
Industries with highest loan volume
Limited-Service Restaurants
3
loans
$314K
avg. amount
Limited-Service Restaurants
Loans
3
Avg. Amount
$314K
Fitness and Recreational Sports Centers
3
loans
$119K
avg. amount
Fitness and Recreational Sports Centers
Loans
3
Avg. Amount
$119K
Full-Service Restaurants
2
loans
$330K
avg. amount
Full-Service Restaurants
Loans
2
Avg. Amount
$330K
Offices of Chiropractors
1
loans
$132K
avg. amount
Offices of Chiropractors
Loans
1
Avg. Amount
$132K
Insurance Agencies and Brokerages
1
loans
$202K
avg. amount
Insurance Agencies and Brokerages
Loans
1
Avg. Amount
$202K
Baked Goods Retailers
1
loans
$140K
avg. amount
Baked Goods Retailers
Loans
1
Avg. Amount
$140K
Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers
1
loans
$248K
avg. amount
Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers
Loans
1
Avg. Amount
$248K
Other Concrete Product Manufacturing
1
loans
$445K
avg. amount
Other Concrete Product Manufacturing
Loans
1
Avg. Amount
$445K
All Other Miscellaneous Wood Product Manufacturing
1
loans
$382K
avg. amount
All Other Miscellaneous Wood Product Manufacturing
Loans
1
Avg. Amount
$382K
Machine Shops
1
loans
$4.5M
avg. amount
Machine Shops
Loans
1
Avg. Amount
$4.5M
10-Year Default Rate
0.0%
Percentile Ranking
0th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.12% |
| $4M-$5M | Prime + 1.50% |
As Of March 31, 2026 - States by loan volume (darker blue = higher volume)
Claim this profile to manage your information, respond to reviews, and access analytics.