Loading...
Loading...
Millennium Bank is a business and relationship bank headquartered in Des Plaines, Illinois, committed to providing traditional banking services to minority, underserved, and traditionally disadvantaged small business customers. The bank is one of the largest SBA lenders in the Midwest and offers comprehensive personal and business banking services, including checking, savings, lending, and digital banking solutions.
Have you worked with Millennium Bank? Share your experience to help others.
Loading reviews...
SBA 7(a) Acquisition Loan Data As Of June 30, 2025
Last 12 Months
Last 3 Years
YoY Growth
low activity
As Of June 30, 2025
Median
$317K
Average
$2.4M
Industries with highest loan volume
loans
N/A
avg. amount
Loans
Avg. Amount
N/A
loans
N/A
avg. amount
Loans
Avg. Amount
N/A
All rates shown as spread over Prime Rate
This Lender
Market Average
As Of June 30, 2025 - 10-year default rate indicates underwriting quality
10-Year Default Rate
0.0%
Bottom 10% of Lenders (Highest Default Rate)
Performance Ranking
100th
Lower is better among all lenders
As Of June 30, 2025 - States by loan volume (darker blue = higher volume)
