STRONG
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
FAIR
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
325
2010–2026
Total Volume
$109M
Gross loan amounts
States Active
17
With recorded loans
Programs
7(a) & 504
325 total segments
Bank of Springfield has a diverse portfolio, with a significant focus on existing businesses (46% of deals). This makes them a strong candidate for borrowers looking to expand or refinance established operations.
With an average 7(a) spread of P+1.00%, Bank of Springfield offers competitive pricing compared to the national median of P+2.75%. This could result in lower overall borrowing costs for your loan.
The lender's growth trend shows a decline of 23% year-over-year in deal volume, which may indicate a tightening of lending criteria. Borrowers should be prepared for potentially stricter approval processes.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 51 504 loans, which use fixed SBA debenture rates.
Top 15 of 17 states where Bank of Springfield has recorded SBA lending activity.
+ 10 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Specialty Trade Contractors
Construction
Administrative & Waste Services
Administrative & Waste Services
Retail Trade
Retail Trade
Other Health Practitioners
Health Care & Social Assistance
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Personal Care (Salons, Spas)
Other Services
+ 7 more
All recorded SBA lending activity for Bank of Springfield, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Illinois · Administrative & Waste Services · Under $150K | 7(a) | 13 | P+1.35% | $75K | Q3 2025 |
| Illinois · Restaurants & Food Service · Under $150K | 7(a) | 12 | P+1.00% | $80K | Q4 2025 |
| Illinois · Specialty Trade Contractors · Under $150K | 7(a) | 10 | P+0.75% | $83K | Q1 2025 |
| Illinois · Manufacturing · Under $150K | 7(a) | 10 | P+0.97% | $51K | Q4 2025 |
| Illinois · Personal Care (Salons, Spas) · Under $150K | 7(a) | 9 | P+1.00% | $36K | Q2 2025 |
| Illinois · Other Repair & Services · Under $150K | 7(a) | 7 | P+0.70% | $47K | Q1 2025 |
| Illinois · Restaurants & Food Service · $150K – $350K | 7(a) | 7 | P+1.50% | $224K | Q1 2023 |
| Illinois · Retail Trade · Under $150K | 7(a) | 6 | P+0.50% | $63K | Q3 2021 |
| Illinois · Transportation & Warehousing · Under $150K | 7(a) | 6 | P+0.88% | $45K | Q2 2024 |
| Illinois · Miscellaneous Retail · Under $150K | 7(a) | 5 | P+0.15% | $46K | Q3 2025 |
| Illinois · Auto Repair & Maintenance · Under $150K | 7(a) | 5 | P+-0.15% | $82K | Q3 2024 |
| Illinois · Other Health Practitioners · Under $150K | 7(a) | 5 | P+1.00% | $59K | Q1 2025 |
| Illinois · Administrative & Waste Services · $150K – $350K | 7(a) | 4 | P+1.00% | $222K | Q3 2024 |
| Illinois · Specialty Trade Contractors · $350K – $500K | 7(a) | 4 | P+1.10% | $466K | Q2 2023 |
| Illinois · Restaurants & Food Service · $150K – $350K | 504 | 4 | — | $250K | Q4 2024 |
| Illinois · Retail Trade · $150K – $350K | 7(a) | 4 | P+1.68% | $228K | Q3 2023 |
| Illinois · Other Health Practitioners · $150K – $350K | 7(a) | 4 | P+1.63% | $264K | Q1 2022 |
| Missouri · Specialty Trade Contractors · Under $150K | 7(a) | 3 | P+0.75% | $131K | Q3 2022 |
| Illinois · Finance & Insurance · Under $150K | 7(a) | 3 | P+0.50% | $67K | Q4 2023 |
| Illinois · Restaurants & Food Service · $500K – $1M | 7(a) | 3 | P+0.65% | $591K | Q2 2024 |
| Illinois · Accounting & Tax · Under $150K | 7(a) | 3 | P+1.00% | $18K | Q1 2025 |
| Illinois · Arts, Entertainment & Recreation · Under $150K | 7(a) | 3 | P+1.00% | $42K | Q3 2023 |
| Illinois · Real Estate · Under $150K | 7(a) | 3 | P+2.75% | $44K | Q2 2012 |
| Illinois · Wholesale Trade · $150K – $350K | 504 | 3 | — | $294K | Q1 2020 |
| Illinois · Manufacturing · $150K – $350K | 504 | 3 | — | $237K | Q2 2015 |
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