SBA Loans in Effingham, IL

Explore recent SBA 7(a) and 504 lending activity in Effingham. See which lenders are active, what industries are getting funded, and how much capital is flowing into local small businesses.

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Total SBA loans

102

all programs

Approved $

$61.7M

last 24 months

Avg loan

$604K

median $245K

Active lenders

approved here

Jobs supported

1,634

cumulative

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EFFINGHAM · 102 LOANS

Top lenders in Effingham

First Mid Bank & Trust, National Association

Fifth Third Bank

Small Business Growth Corporation

Dieterich Bank

South Central Illinois Regional Planning & Development Commission

Midland States Bank

Top industries in Effingham

Hotels (except Casino Hotels) and Motels

Flour Milling

Landscaping Services

Offices of Chiropractors

"General Freight Trucking, Local"

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Loan records · Effingham, IL

102 records

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Borrower

Location

Program

Industry

MID-AMERICA MOTORWORKS, INC.Newtek Small Business Finance, Inc.

Effingham, IL

62401

$5,000,000

–

7(a)

Automobile and Other Motor Vehicle Merchant Wholesalers

2018-05-17

NOVA Solutions, Inc.Newtek Small Business Finance, Inc.

Effingham, IL

62401

$3,200,000

$133K

7(a)

Office Furniture (except Wood) Manufacturing

2015-09-17

Legacy Motorcycle Company, LLC Greater Nevada CU

Effingham, IL

62401

$2,780,000

$111K

7(a)

Recreational Vehicle Dealers

2021-06-29

NOVA Solutions, Inc.Newtek Small Business Finance, Inc.

Effingham, IL

62401

$2,655,000

$111K

7(a)

Office Furniture (except Wood) Manufacturing

2015-07-20

Hodgson Mill, Inc.Small Business Growth Corporation

Effingham, IL

62401

$2,520,000

$15K

504

Flour Milling

2011-10-05

Laxminarayan 1 LLC Shoreham Bank

Effingham, IL

62401

$2,400,000

$480K

7(a)

Hotels (except Casino Hotels) and Motels

2026-01-22

Hodgson Mill, Inc.Small Business Growth Corporation

Effingham, IL

62401

$2,291,000

$14K

504

Flour Milling

2011-09-06

SCHUMACHER AND DALTON ENTERPRISES INC.Port 51 Lending LLC

Effingham, IL

62401

$1,906,000

$119K

7(a)

Special Needs Transportation

2025-02-26

A VISH 2417 LLC GBank

Effingham, IL

62401

$1,586,000

$1.6M

7(a)

Hotels (except Casino Hotels) and Motels

2022-08-15

HARISHAAN REALTY LLC GBank

Effingham, IL

62401

$1,552,200

$259K

7(a)

Hotels (except Casino Hotels) and Motels

2025-12-03

Hetzels Overland Transport, Inc.Small Business Growth Corporation

Effingham, IL

62401

$1,542,000

$103K

504

"General Freight Trucking, Local"

2020-10-22

Navatek Medical Rental Group, Inc.Midland States Bank

Effingham, IL

62401

$1,500,000

$107K

7(a)

Office Machinery and Equipment Rental and Leasing

2013-02-01

HETZELS OVERLAND TRANSPORT, INC.Peoples Bank & Trust

Effingham, IL

62401

$1,500,000

$60K

7(a)

"General Freight Trucking, Local"

2009-08-11

QUALITY INN Wells Fargo Bank National Association

Effingham, IL

62401

$1,485,000

–

7(a)

–

1997-05-03

LEGACY HARLEY-DAVIDSON Foundation One Bank

Effingham, IL

62401

$1,412,000

$47K

7(a)

Motorcycle Dealers

2009-10-09

Versatech Holding, Inc.SomerCor 504, Inc.

Effingham, IL

62401

$1,367,000

$342K

504

Machine Shops

2013-03-07

THE ROSEBUD THEATRE LLC SomerCor 504, Inc.

Effingham, IL

62401

$1,289,000

$37K

504

Theater Companies and Dinner Theaters

2007-01-26

JAD IMPORTS INC Wells Fargo Bank National Association

Effingham, IL

62401

$1,235,500

$30K

7(a)

All Other Amusement and Recreation Industries

2018-11-30

Hodgson Mill, Inc.Small Business Growth Corporation

Effingham, IL

62401

$1,233,000

$17K

504

Flour Milling

2007-12-20

Reva Propeties, Inc Small Business Growth Corporation

Effingham, IL

62401

$1,153,000

$144K

504

Hotels (except Casino Hotels) and Motels

2006-11-21

HEARTLAND TOWING & RECOVERY, INC The First National Bank of Waterloo

Effingham, IL

62401

$1,129,500

$113K

7(a)

Motor Vehicle Towing

2009-09-29

Versatech Manufacturing, LLC SomerCor 504, Inc.

Effingham, IL

62401

$1,078,000

$72K

504

Machine Shops

2014-04-30

BLACKJACK KNIVES, LTD.South Central Illinois Regional Planning & Development Commission

Effingham, IL

62401

$1,000,000

$6K

504

–

1995-01-04

BT Hospitality LLC First Western SBLC, Inc

Effingham, IL

62401

$950,000

$106K

7(a)

Hotels (except Casino Hotels) and Motels

2021-06-09

B.B. & K DEVELOPMENT CORP.South Central Illinois Regional Planning & Development Commission

Effingham, IL

62401

$919,000

$33K

504

–

1995-09-28

MID-AMERICA MOTORWORKS, INC.

Effingham, IL · 62401

$5,000,000

7(a)

Newtek Small Business Finance, Inc.2018-05-17

NOVA Solutions, Inc.

Effingham, IL · 62401

$3,200,000

7(a)

Newtek Small Business Finance, Inc.$133K/job · 2015-09-17

Legacy Motorcycle Company, LLC

Effingham, IL · 62401

$2,780,000

7(a)

Greater Nevada CU$111K/job · 2021-06-29

NOVA Solutions, Inc.

Effingham, IL · 62401

$2,655,000

7(a)

Newtek Small Business Finance, Inc.$111K/job · 2015-07-20

Hodgson Mill, Inc.

Effingham, IL · 62401

$2,520,000

504

Small Business Growth Corporation$15K/job · 2011-10-05

Laxminarayan 1 LLC

Effingham, IL · 62401

$2,400,000

7(a)

Shoreham Bank$480K/job · 2026-01-22

Hodgson Mill, Inc.

Effingham, IL · 62401

$2,291,000

504

Small Business Growth Corporation$14K/job · 2011-09-06

SCHUMACHER AND DALTON ENTERPRISES INC.

Effingham, IL · 62401

$1,906,000

7(a)

Port 51 Lending LLC$119K/job · 2025-02-26

A VISH 2417 LLC

Effingham, IL · 62401

$1,586,000

7(a)

GBank$1.6M/job · 2022-08-15

HARISHAAN REALTY LLC

Effingham, IL · 62401

$1,552,200

7(a)

GBank$259K/job · 2025-12-03

Hetzels Overland Transport, Inc.

Effingham, IL · 62401

$1,542,000

504

Small Business Growth Corporation$103K/job · 2020-10-22

Navatek Medical Rental Group, Inc.

Effingham, IL · 62401

$1,500,000

7(a)

Midland States Bank$107K/job · 2013-02-01

HETZELS OVERLAND TRANSPORT, INC.

Effingham, IL · 62401

$1,500,000

7(a)

Peoples Bank & Trust$60K/job · 2009-08-11

QUALITY INN

Effingham, IL · 62401

$1,485,000

7(a)

Wells Fargo Bank National Association1997-05-03

LEGACY HARLEY-DAVIDSON

Effingham, IL · 62401

$1,412,000

7(a)

Foundation One Bank$47K/job · 2009-10-09

Versatech Holding, Inc.

Effingham, IL · 62401

$1,367,000

504

SomerCor 504, Inc.$342K/job · 2013-03-07

THE ROSEBUD THEATRE LLC

Effingham, IL · 62401

$1,289,000

504

SomerCor 504, Inc.$37K/job · 2007-01-26

JAD IMPORTS INC

Effingham, IL · 62401

$1,235,500

7(a)

Wells Fargo Bank National Association$30K/job · 2018-11-30

Hodgson Mill, Inc.

Effingham, IL · 62401

$1,233,000

504

Small Business Growth Corporation$17K/job · 2007-12-20

Reva Propeties, Inc

Effingham, IL · 62401

$1,153,000

504

Small Business Growth Corporation$144K/job · 2006-11-21

HEARTLAND TOWING & RECOVERY, INC

Effingham, IL · 62401

$1,129,500

7(a)

The First National Bank of Waterloo$113K/job · 2009-09-29

Versatech Manufacturing, LLC

Effingham, IL · 62401

$1,078,000

504

SomerCor 504, Inc.$72K/job · 2014-04-30

BLACKJACK KNIVES, LTD.

Effingham, IL · 62401

$1,000,000

504

South Central Illinois Regional Planning & Development Commission$6K/job · 1995-01-04

BT Hospitality LLC

Effingham, IL · 62401

$950,000

7(a)

First Western SBLC, Inc$106K/job · 2021-06-09

B.B. & K DEVELOPMENT CORP.

Effingham, IL · 62401

$919,000

504

South Central Illinois Regional Planning & Development Commission$33K/job · 1995-09-28

1–25 of 102

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