STRONG
How competitive are their spreads? Lower = better for you.
STRONG
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
GOOD
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
1,381
2010–2026
Total Volume
$1.2B
Gross loan amounts
States Active
32
With recorded loans
Programs
7(a) & 504
1381 total segments
Busey Bank has a strong presence in both 7(a) and 504 loans, with 19% of their deals being 504 loans, slightly above the national average of 18%. This indicates they are well-equipped to handle a variety of financing needs, including real estate purchases.
With an average 7(a) spread of P+2.17%, Busey Bank offers competitive pricing compared to the national median of P+2.75%. This could lead to significant savings on interest for borrowers, making them an attractive option for financing.
The lender's deal volume has decreased by 14% year-over-year, indicating a potential pullback in lending activity. This trend may affect approval rates and the lender's willingness to take on new deals, so borrowers should be prepared for a potentially more stringent approval process.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 267 504 loans, which use fixed SBA debenture rates.
Top 15 of 32 states where Busey Bank has recorded SBA lending activity.
+ 10 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Restaurants & Food Service
Accommodation & Food Services
Specialty Trade Contractors
Construction
Wholesale Trade
Wholesale Trade
Administrative & Waste Services
Administrative & Waste Services
Retail Trade
Retail Trade
Auto Repair & Maintenance
Other Services
Other Health Practitioners
Health Care & Social Assistance
+ 7 more
All recorded SBA lending activity for Busey Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Illinois · Manufacturing · $500K – $1M | 504 | 17 | — | $681K | Q3 2025 |
| Illinois · Wholesale Trade · $1M – $2M | 7(a) | 11 | P+2.50% | $1.6M | Q4 2024 |
| Missouri · Specialty Trade Contractors · Under $150K | 7(a) | 11 | P+2.75% | $98K | Q4 2024 |
| Missouri · Restaurants & Food Service · Under $150K | 7(a) | 10 | P+2.75% | $122K | Q3 2016 |
| Colorado · Manufacturing · $1M – $2M | 7(a) | 10 | P+2.00% | $1.3M | Q1 2024 |
| Colorado · Specialty Trade Contractors · $500K – $1M | 7(a) | 10 | P+1.88% | $742K | Q3 2021 |
| Illinois · Manufacturing · $500K – $1M | 7(a) | 10 | P+2.63% | $760K | Q4 2025 |
| Colorado · Restaurants & Food Service · $150K – $350K | 7(a) | 10 | P+2.00% | $286K | Q3 2023 |
| Missouri · Restaurants & Food Service · $150K – $350K | 7(a) | 9 | P+2.75% | $243K | Q2 2024 |
| Illinois · Manufacturing · $150K – $350K | 504 | 9 | — | $244K | Q1 2023 |
| Colorado · Restaurants & Food Service · $500K – $1M | 7(a) | 9 | P+1.75% | $608K | Q2 2024 |
| Missouri · Manufacturing · $500K – $1M | 7(a) | 9 | P+2.25% | $667K | Q2 2023 |
| Illinois · Manufacturing · $2M – $5M | 7(a) | 8 | P+2.13% | $3.7M | Q4 2025 |
| Illinois · Manufacturing · $1M – $2M | 504 | 8 | — | $1.3M | Q2 2023 |
| Colorado · Specialty Trade Contractors · $150K – $350K | 7(a) | 8 | P+2.25% | $249K | Q2 2021 |
| Missouri · Specialty Trade Contractors · $500K – $1M | 7(a) | 8 | P+2.25% | $725K | Q4 2024 |
| Illinois · Restaurants & Food Service · Under $150K | 7(a) | 8 | P+2.50% | $112K | Q3 2021 |
| Missouri · Manufacturing · $150K – $350K | 7(a) | 8 | P+2.38% | $247K | Q2 2023 |
| Illinois · Restaurants & Food Service · $150K – $350K | 7(a) | 8 | P+2.13% | $242K | Q2 2024 |
| Missouri · Administrative & Waste Services · $150K – $350K | 7(a) | 8 | P+2.50% | $238K | Q1 2022 |
| Missouri · Manufacturing · $2M – $5M | 7(a) | 7 | P+1.50% | $3.0M | Q4 2023 |
| Missouri · Wholesale Trade · $2M – $5M | 7(a) | 7 | P+0.75% | $4.0M | Q3 2020 |
| Colorado · Physician & Dental Offices · $150K – $350K | 7(a) | 7 | P+2.00% | $289K | Q2 2018 |
| Missouri · Auto Repair & Maintenance · Under $150K | 7(a) | 7 | P+2.75% | $79K | Q3 2019 |
| Missouri · Restaurants & Food Service · $500K – $1M | 7(a) | 7 | P+2.75% | $630K | Q4 2024 |
Get a free personalized report comparing this lender against the best matches for your specific situation.
Free. No broker fees. Results in 10-15 minutes.
Real experiences from borrowers who closed SBA loans with Busey Bank.
No reviews yet. Be the first to review Busey Bank.
Listen to acquisition entrepreneurs share their experience
Acquiring Minds
Scott Crosby · American Services
$2.0M · MO · 2024
Acquiring Minds
Nick Patrick · Wedding catering & venue business
$110K · CO · 2022
Acquiring Minds
Vivian Chen · Modern Innkeeper
$751K · 2018
Matched to real SBA lending records. LenderHawk is not affiliated with or endorsed by these podcasts.