SBA Loans in Mount Vernon, IL

Explore recent SBA 7(a) and 504 lending activity in Mount Vernon. 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

193

all programs

Approved $

$78.9M

last 24 months

Avg loan

$409K

median $245K

Active lenders

approved here

Jobs supported

2,078

cumulative

Loan activity map

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MOUNT VERNON · 193 LOANS

Top lenders in Mount Vernon

Community First Bank of the Heartland

109

Peoples National Bank National Association

U.S. Bank, National Association

Small Business Growth Corporation

Bank of America, National Association

Legence Bank

Top industries in Mount Vernon

Hotels (except Casino Hotels) and Motels

Offices of Physicians (except Mental Health Specialists)

Beauty Salons

Elevator and Moving Stairway Manufacturing

Offices of Lawyers

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Loan records · Mount Vernon, IL

193 records

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Borrower

Location

Program

Industry

Tedrick Insurance Agency, Inc.Peoples National Bank National Association

Mount Vernon, IL

62864

$5,000,000

$313K

7(a)

Insurance Agencies and Brokerages

2026-01-21

Vighnanasha, LLC Community First Bank of the Heartland

Mount Vernon, IL

62864

$5,000,000

$217K

7(a)

Hotels (except Casino Hotels) and Motels

2020-09-12

IronWorx LLC First Internet Bank of Indiana

Mount Vernon, IL

62864

$3,715,000

$32K

7(a)

All Other Miscellaneous Fabricated Metal Product Manufacturing

2024-07-19

Jay & Ria Corporation Community First Bank of the Heartland

Mount Vernon, IL

62864

$3,410,000

$213K

7(a)

Hotels (except Casino Hotels) and Motels

2018-02-22

NIVAAN HOSPITALITY LLC GBank

Mount Vernon, IL

62864

$3,266,900

$544K

7(a)

Hotels (except Casino Hotels) and Motels

2026-01-21

Venture Hospitality LLC Shoreham Bank

Mount Vernon, IL

62864

$3,140,000

$224K

7(a)

Hotels (except Casino Hotels) and Motels

2023-05-05

Shamrock Services Group Inc.Peoples National Bank National Association

Mount Vernon, IL

62864

$3,090,000

$38K

7(a)

Residential Mental Retardation Facilities

2025-09-24

Shamrock Services Group, Inc.Peoples National Bank National Association

Mount Vernon, IL

62864

$2,791,000

$254K

7(a)

Residential Mental Retardation Facilities

2021-10-21

MRS MT VERNON LLC Everwise Credit Union

Mount Vernon, IL

62864

$2,788,000

$349K

7(a)

Hotels (except Casino Hotels) and Motels

2022-05-26

Rico Tailor Inc Community First Bank of the Heartland

Mount Vernon, IL

62864

$2,517,000

$194K

7(a)

Hotels (except Casino Hotels) and Motels

2022-06-29

Rex Investments,LLC Community First Bank of the Heartland

Mount Vernon, IL

62864

$2,000,000

$31K

7(a)

Home Furnishing Merchant Wholesalers

2020-06-08

Shamrock Services LLC Peoples National Bank National Association

Mount Vernon, IL

62864

$1,920,000

$20K

7(a)

Offices of All Other Miscellaneous Health Practitioners

2017-01-13

TDL Group, Inc South Central Illinois Regional Planning & Development Commission

Mount Vernon, IL

62864

$1,586,000

$14K

504

Residential Mental Retardation Facilities

2012-08-23

SO IL Tile & Carpet Supply, Inc.Peoples National Bank National Association

Mount Vernon, IL

62864

$1,575,000

$158K

7(a)

Floor Covering Retailers

2026-02-20

Farmstead Foods LLC Community First Bank of the Heartland

Mount Vernon, IL

62864

$1,250,000

$38K

7(a)

General Line Grocery Merchant Wholesalers

2021-02-23

BEACON INSURANCE GROUP, INC.Banc of California

Mount Vernon, IL

62864

$967,200

—

7(a)

Insurance Agencies and Brokerages

2018-08-21

A Walk in the Wind LLC Legence Bank

Mount Vernon, IL

62864

$952,500

$87K

7(a)

Convention and Trade Show Organizers

2022-02-02

Jayshree Krishna, Inc.Community First Bank of the Heartland

Mount Vernon, IL

62864

$935,000

$94K

7(a)

Hotels (except Casino Hotels) and Motels

2020-09-02

Buffalo Wild Wings Illinois Business Financial Services

Mount Vernon, IL

62864

$850,000

$19K

504

Full-Service Restaurants

2010-05-19

PROVISION EYECARE Readycap Lending, LLC

Mount Vernon, IL

62864

$790,000

$99K

7(a)

Offices of Optometrists

2006-03-16

DAYS INN Small Business Growth Corporation

Mount Vernon, IL

62864

$790,000

$53K

504

Hotels (except Casino Hotels) and Motels

2005-11-08

Magnum Steel Works, Inc Small Business Growth Corporation

Mount Vernon, IL

62864

$765,000

$14K

504

All Other Miscellaneous Fabricated Metal Product Manufacturing

2017-02-06

Flo-Gas, Inc.Community First Bank of the Heartland

Mount Vernon, IL

62864

$760,000

$152K

7(a)

Natural Gas Distribution

2013-02-12

Magnum Steel Works, Inc Small Business Growth Corporation

Mount Vernon, IL

62864

$744,000

$11K

504

Other Metalworking Machinery Manufacturing

2012-03-15

Rico Darji, Inc.Community First Bank of the Heartland

Mount Vernon, IL

62864

$710,000

$142K

7(a)

Hotels (except Casino Hotels) and Motels

2021-12-12

Tedrick Insurance Agency, Inc.

Mount Vernon, IL · 62864

$5,000,000

7(a)

Peoples National Bank National Association$313K/job · 2026-01-21

Vighnanasha, LLC

Mount Vernon, IL · 62864

$5,000,000

7(a)

Community First Bank of the Heartland$217K/job · 2020-09-12

IronWorx LLC

Mount Vernon, IL · 62864

$3,715,000

7(a)

First Internet Bank of Indiana$32K/job · 2024-07-19

Jay & Ria Corporation

Mount Vernon, IL · 62864

$3,410,000

7(a)

Community First Bank of the Heartland$213K/job · 2018-02-22

NIVAAN HOSPITALITY LLC

Mount Vernon, IL · 62864

$3,266,900

7(a)

GBank$544K/job · 2026-01-21

Venture Hospitality LLC

Mount Vernon, IL · 62864

$3,140,000

7(a)

Shoreham Bank$224K/job · 2023-05-05

Shamrock Services Group Inc.

Mount Vernon, IL · 62864

$3,090,000

7(a)

Peoples National Bank National Association$38K/job · 2025-09-24

Shamrock Services Group, Inc.

Mount Vernon, IL · 62864

$2,791,000

7(a)

Peoples National Bank National Association$254K/job · 2021-10-21

MRS MT VERNON LLC

Mount Vernon, IL · 62864

$2,788,000

7(a)

Everwise Credit Union$349K/job · 2022-05-26

Rico Tailor Inc

Mount Vernon, IL · 62864

$2,517,000

7(a)

Community First Bank of the Heartland$194K/job · 2022-06-29

Rex Investments,LLC

Mount Vernon, IL · 62864

$2,000,000

7(a)

Community First Bank of the Heartland$31K/job · 2020-06-08

Shamrock Services LLC

Mount Vernon, IL · 62864

$1,920,000

7(a)

Peoples National Bank National Association$20K/job · 2017-01-13

TDL Group, Inc

Mount Vernon, IL · 62864

$1,586,000

504

South Central Illinois Regional Planning & Development Commission$14K/job · 2012-08-23

SO IL Tile & Carpet Supply, Inc.

Mount Vernon, IL · 62864

$1,575,000

7(a)

Peoples National Bank National Association$158K/job · 2026-02-20

Farmstead Foods LLC

Mount Vernon, IL · 62864

$1,250,000

7(a)

Community First Bank of the Heartland$38K/job · 2021-02-23

BEACON INSURANCE GROUP, INC.

Mount Vernon, IL · 62864

$967,200

7(a)

Banc of California2018-08-21

A Walk in the Wind LLC

Mount Vernon, IL · 62864

$952,500

7(a)

Legence Bank$87K/job · 2022-02-02

Jayshree Krishna, Inc.

Mount Vernon, IL · 62864

$935,000

7(a)

Community First Bank of the Heartland$94K/job · 2020-09-02

Buffalo Wild Wings

Mount Vernon, IL · 62864

$850,000

504

Illinois Business Financial Services$19K/job · 2010-05-19

PROVISION EYECARE

Mount Vernon, IL · 62864

$790,000

7(a)

Readycap Lending, LLC$99K/job · 2006-03-16

DAYS INN

Mount Vernon, IL · 62864

$790,000

504

Small Business Growth Corporation$53K/job · 2005-11-08

Magnum Steel Works, Inc

Mount Vernon, IL · 62864

$765,000

504

Small Business Growth Corporation$14K/job · 2017-02-06

Flo-Gas, Inc.

Mount Vernon, IL · 62864

$760,000

7(a)

Community First Bank of the Heartland$152K/job · 2013-02-12

Magnum Steel Works, Inc

Mount Vernon, IL · 62864

$744,000

504

Small Business Growth Corporation$11K/job · 2012-03-15

Rico Darji, Inc.

Mount Vernon, IL · 62864

$710,000

7(a)

Community First Bank of the Heartland$142K/job · 2021-12-12

1–25 of 193

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