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.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
115
2010–2025
Total Volume
$52M
Gross loan amounts
States Active
5
With recorded loans
Programs
7(a) & 504
115 total segments
Most active in Illinois (66% of deals) and focuses heavily on restaurants & food service (16% of deals).
23% of Foresight Bank's SBA deals go to startups and new businesses — more startup-friendly than most SBA lenders, where existing businesses typically dominate.
115 SBA loans worth $51.5M since FY2010, with relatively steady volume year-over-year.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 32 504 loans, which use fixed SBA debenture rates.
States where Foresight Bank has recorded SBA lending activity.
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
Transportation & Warehousing
Transportation & Warehousing
Auto Dealers & Parts
Retail Trade
Personal Care (Salons, Spas)
Other Services
Other Health Practitioners
Health Care & Social Assistance
General Merchandise
Retail Trade
+ 7 more
All recorded SBA lending activity for Foresight Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Illinois · Restaurants & Food Service · Under $150K | 7(a) | 6 | P+2.63% | $107K | Q1 2024 |
| Minnesota · Restaurants & Food Service · Under $150K | 7(a) | 4 | P+1.95% | $113K | Q2 2017 |
| Minnesota · Specialty Trade Contractors · Under $150K | 7(a) | 4 | P+2.58% | $42K | Q1 2021 |
| Minnesota · Transportation & Warehousing · Under $150K | 7(a) | 3 | P+1.50% | $66K | Q1 2021 |
| Illinois · Personal Care (Salons, Spas) · Under $150K | 7(a) | 3 | P+2.75% | $93K | Q2 2018 |
| Minnesota · Restaurants & Food Service · $150K – $350K | 7(a) | 3 | P+1.55% | $323K | Q3 2022 |
| Minnesota · Other Health Practitioners · Under $150K | 7(a) | 3 | P+1.30% | $48K | Q3 2024 |
| Illinois · Auto Repair & Maintenance · Under $150K | 7(a) | 2 | P+2.75% | $28K | Q3 2015 |
| Illinois · Manufacturing · $2M – $5M | 504 | 2 | — | $2.8M | Q2 2024 |
| Minnesota · Manufacturing · $150K – $350K | 7(a) | 2 | P+1.40% | $287K | Q3 2022 |
| Illinois · Gas Stations · $150K – $350K | 7(a) | 2 | P+1.75% | $241K | Q1 2021 |
| Illinois · Manufacturing · $1M – $2M | 504 | 2 | — | $1.1M | Q3 2024 |
| Illinois · Auto Dealers & Parts · $1M – $2M | 7(a) | 2 | P+2.25% | $1.8M | Q1 2012 |
| Illinois · Transportation & Warehousing · Under $150K | 7(a) | 2 | P+2.75% | $85K | Q2 2015 |
| Illinois · Food & Beverage Stores · $150K – $350K | 7(a) | 2 | P+1.25% | $276K | Q3 2024 |
| Illinois · Specialty Trade Contractors · Under $150K | 7(a) | 2 | P+2.88% | $65K | Q1 2016 |
| Illinois · Accounting & Tax · $150K – $350K | 504 | 2 | — | $206K | Q2 2021 |
| Illinois · Auto Dealers & Parts · $500K – $1M | 504 | 2 | — | $961K | Q3 2022 |
| Illinois · Agriculture & Forestry · Under $150K | 7(a) | 1 | P+2.75% | $20K | Q2 2015 |
| Illinois · Manufacturing · $1M – $2M | 7(a) | 1 | P+2.70% | $2.0M | Q2 2010 |
| Illinois · Manufacturing · $350K – $500K | 7(a) | 1 | P+1.75% | $371K | Q1 2018 |
| Illinois · Manufacturing · $500K – $1M | 7(a) | 1 | P+2.75% | $660K | Q2 2010 |
| Illinois · Wholesale Trade · $350K – $500K | 7(a) | 1 | P+1.75% | $460K | Q2 2014 |
| Illinois · Transportation & Warehousing · $150K – $350K | 7(a) | 1 | P+2.75% | $200K | Q4 2017 |
| Illinois · Transportation & Warehousing · $350K – $500K | 7(a) | 1 | P+2.25% | $471K | Q2 2017 |
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