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.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
920
2010–2026
Total Volume
$371M
Gross loan amounts
States Active
12
With recorded loans
Programs
7(a) & 504
920 total segments
First Mid Bank & Trust has a balanced approach to lending, with 18% of their SBA deals being 504 loans. This indicates they support both real estate and business acquisitions, making them a versatile option for borrowers with diverse needs.
With an average 7(a) spread of P+1.71%, First Mid Bank & Trust offers competitive pricing compared to the national median of P+2.75%. This could lead to significant savings on interest for borrowers seeking 7(a) loans.
The lender's growth trend shows a significant decline of 63% year-over-year in deal volume. This could indicate potential challenges in securing approval or funding, so borrowers should be prepared for a more rigorous application process.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 166 504 loans, which use fixed SBA debenture rates.
States where First Mid Bank & Trust, National Association has recorded SBA lending activity.
+ 7 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Transportation & Warehousing
Transportation & Warehousing
Specialty Trade Contractors
Construction
Administrative & Waste Services
Administrative & Waste Services
Retail Trade
Retail Trade
Wholesale Trade
Wholesale Trade
Auto Repair & Maintenance
Other Services
+ 7 more
All recorded SBA lending activity for First Mid Bank & Trust, National Association, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Illinois · Transportation & Warehousing · Under $150K | 7(a) | 52 | P+2.25% | $59K | Q3 2024 |
| Illinois · Restaurants & Food Service · Under $150K | 7(a) | 52 | P+2.00% | $80K | Q4 2025 |
| Illinois · Administrative & Waste Services · Under $150K | 7(a) | 39 | P+2.00% | $59K | Q1 2023 |
| Illinois · Manufacturing · Under $150K | 7(a) | 33 | P+1.75% | $70K | Q3 2021 |
| Illinois · Specialty Trade Contractors · Under $150K | 7(a) | 30 | P+2.00% | $64K | Q4 2023 |
| Illinois · Restaurants & Food Service · $150K – $350K | 7(a) | 20 | P+1.50% | $239K | Q2 2022 |
| Illinois · Retail Trade · Under $150K | 7(a) | 20 | P+2.25% | $52K | Q3 2018 |
| Illinois · Wholesale Trade · Under $150K | 7(a) | 17 | P+1.75% | $60K | Q3 2022 |
| Illinois · Auto Repair & Maintenance · Under $150K | 7(a) | 17 | P+1.50% | $66K | Q3 2024 |
| Illinois · Personal Care (Salons, Spas) · Under $150K | 7(a) | 17 | P+1.75% | $56K | Q2 2023 |
| Illinois · Other Health Practitioners · Under $150K | 7(a) | 13 | P+2.00% | $72K | Q2 2021 |
| Illinois · General Merchandise · Under $150K | 7(a) | 12 | P+2.00% | $72K | Q1 2022 |
| Illinois · Manufacturing · $150K – $350K | 7(a) | 12 | P+1.50% | $239K | Q4 2022 |
| Illinois · Transportation & Warehousing · $150K – $350K | 7(a) | 11 | P+1.75% | $254K | Q3 2022 |
| Illinois · Other Repair & Services · Under $150K | 7(a) | 11 | P+2.00% | $72K | Q1 2025 |
| Illinois · Administrative & Waste Services · $150K – $350K | 7(a) | 10 | P+1.88% | $262K | Q2 2024 |
| Illinois · Specialty Trade Contractors · $150K – $350K | 7(a) | 10 | P+1.50% | $304K | Q2 2024 |
| Illinois · Finance & Insurance · Under $150K | 7(a) | 9 | P+1.75% | $88K | Q2 2017 |
| Illinois · Sporting Goods & Hobby · Under $150K | 7(a) | 8 | P+1.50% | $71K | Q2 2019 |
| Illinois · Education · Under $150K | 7(a) | 8 | P+2.25% | $48K | Q4 2023 |
| Illinois · Manufacturing · $500K – $1M | 504 | 8 | — | $664K | Q1 2022 |
| Illinois · Manufacturing · $150K – $350K | 504 | 7 | — | $263K | Q1 2022 |
| Illinois · Restaurants & Food Service · $500K – $1M | 7(a) | 7 | P+1.38% | $765K | Q1 2024 |
| Illinois · Food & Beverage Stores · Under $150K | 7(a) | 7 | P+1.50% | $92K | Q3 2022 |
| Illinois · Arts, Entertainment & Recreation · Under $150K | 7(a) | 7 | P+2.50% | $51K | Q4 2018 |
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Real experiences from borrowers who closed SBA loans with First Mid Bank & Trust, National Association.
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