GOOD
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
121
2010–2026
Total Volume
$96M
Gross loan amounts
States Active
3
With recorded loans
Programs
7(a) & 504
121 total segments
Providence Bank & Trust has a strong focus on 504 loans, making up 54% of their total SBA deals, significantly higher than the national average of 18%. This indicates they are well-suited for borrowers looking to finance real estate or large equipment purchases.
The average deal size at Providence Bank & Trust is $795,038, with a notable concentration of deals between $150K and $350K. If your financing needs fall within this range, you may find this lender particularly accommodating.
Despite their strong 504 activity, Providence Bank & Trust has experienced a 30% decline in year-over-year growth. This trend may indicate a tightening in their lending capacity, which could affect approval rates for new borrowers.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 65 504 loans, which use fixed SBA debenture rates.
States where PROVIDENCE BANK & TRUST has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Restaurants & Food Service
Accommodation & Food Services
Social Assistance
Health Care & Social Assistance
Wholesale Trade
Wholesale Trade
Management & IT Consulting
Professional Services
Auto Repair & Maintenance
Other Services
Other Repair & Services
Other Services
Real Estate
Real Estate
+ 7 more
All recorded SBA lending activity for PROVIDENCE BANK & TRUST, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Illinois · Social Assistance · $150K – $350K | 504 | 6 | — | $264K | Q1 2023 |
| Illinois · Manufacturing · $150K – $350K | 7(a) | 4 | P+2.75% | $274K | Q2 2023 |
| Illinois · Other Repair & Services · Under $150K | 7(a) | 3 | P+2.75% | $102K | Q1 2013 |
| Illinois · Auto Repair & Maintenance · $150K – $350K | 504 | 3 | — | $300K | Q4 2025 |
| Illinois · Restaurants & Food Service · $500K – $1M | 7(a) | 3 | P+2.75% | $686K | Q1 2024 |
| Illinois · Manufacturing · $2M – $5M | 504 | 3 | — | $3.9M | Q1 2023 |
| Illinois · Manufacturing · $1M – $2M | 7(a) | 3 | P+2.75% | $1.4M | Q2 2017 |
| Illinois · Social Assistance · $150K – $350K | 7(a) | 3 | P+2.50% | $253K | Q3 2014 |
| Illinois · Restaurants & Food Service · $1M – $2M | 504 | 2 | — | $1.3M | Q1 2022 |
| Illinois · Accounting & Tax · Under $150K | 504 | 2 | — | $113K | Q3 2016 |
| Illinois · Hotels & Accommodation · $2M – $5M | 504 | 2 | — | $3.4M | Q4 2018 |
| Illinois · Specialty Trade Contractors · $500K – $1M | 7(a) | 2 | P+2.75% | $675K | Q1 2015 |
| Illinois · Arts, Entertainment & Recreation · Under $150K | 7(a) | 2 | P+2.13% | $96K | Q3 2018 |
| Illinois · Wholesale Trade · $1M – $2M | 504 | 2 | — | $1.0M | Q3 2022 |
| Illinois · Real Estate · $500K – $1M | 504 | 2 | — | $536K | Q3 2024 |
| Illinois · Manufacturing · $500K – $1M | 504 | 2 | — | $559K | Q1 2023 |
| Indiana · Hotels & Accommodation · $2M – $5M | 504 | 2 | — | $3.4M | Q3 2022 |
| Illinois · Specialty Trade Contractors · $150K – $350K | 504 | 2 | — | $269K | Q3 2024 |
| Illinois · Management & IT Consulting · Under $150K | 7(a) | 2 | P+2.25% | $115K | Q4 2014 |
| Illinois · Management & IT Consulting · $150K – $350K | 7(a) | 2 | P+1.25% | $200K | Q4 2015 |
| Illinois · Wholesale Trade · $150K – $350K | 7(a) | 2 | P+2.00% | $230K | Q2 2014 |
| Illinois · Restaurants & Food Service · $500K – $1M | 504 | 2 | — | $950K | Q2 2021 |
| Illinois · Hotels & Accommodation · $5M+ | 504 | 1 | — | $5.5M | Q1 2024 |
| Illinois · Management & IT Consulting · $150K – $350K | 504 | 1 | — | $350K | Q4 2010 |
| Illinois · Wholesale Trade · $150K – $350K | 504 | 1 | — | $260K | Q1 2011 |
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