SBA Loans in Quincy, IL

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

167

all programs

Approved $

$51.4M

last 24 months

Avg loan

$308K

median $245K

Active lenders

approved here

Jobs supported

1,112

cumulative

Loan activity map

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QUINCY · 167 LOANS

Top lenders in Quincy

First Mid Bank & Trust, National Association

United Community Bank

First Bankers Trust Company National Association

Associated Bank, National Association

Bank of America, National Association

Capital One, National Association

Top industries in Quincy

Full-Service Restaurants

Beauty Salons

Other Miscellaneous Durable Goods Merchant Wholesalers

All Other Miscellaneous Store Retailers (except Tobacco Stores)

Fitness and Recreational Sports Centers

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Loan records · Quincy, IL

167 records

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Borrower

Location

Program

Industry

Bowling Green Tractor, Hannibal Tractor, Brookfield Tractor, and Havana Tractor,Newtek Bank, National Association

Quincy, IL

62305

$5,000,000

$53K

7(a)

Farm and Garden Machinery and Equipment Merchant Wholesalers

2025-09-10

N. Kohl Grocer Company SomerCor 504, Inc.

Quincy, IL

62305

$5,000,000

$385K

504

General Line Grocery Merchant Wholesalers

2017-05-08

Poepping, Stone, Bach &Associates, Inc.Byline Bank

Quincy, IL

62305

$3,575,000

$72K

7(a)

Engineering Services

2018-05-04

VH 4122 QUINCY INC Byline Bank

Quincy, IL

62305

$2,170,000

$271K

7(a)

Hotels (except Casino Hotels) and Motels

2017-11-03

OTTO VENDING SERVICE, INC.Hawthorn Bank

Quincy, IL

62305

$1,634,000

$63K

7(a)

Vending Machine Operators

2015-10-20

MICROTEL INN & SUITES Illinois Business Financial Services

Quincy, IL

62301

$1,551,000

$62K

504

Hotels (except Casino Hotels) and Motels

2007-03-30

R L HOENER CO Heartland Bank and Trust Company

Quincy, IL

62301

$1,150,000

$58K

7(a)

Industrial Machinery and Equipment Merchant Wholesalers

2005-03-25

T&T PIZZA IL LLC Beacon Bank and Trust

Quincy, IL

62301

$1,090,000

$156K

7(a)

Limited-Service Restaurants

2019-03-01

Schwartz Insurance Agency, LLC Bankwell Bank

Quincy, IL

62301

$1,039,000

$346K

7(a)

Insurance Agencies and Brokerages

2025-09-03

Scotties Skateland Illinois Business Financial Services

Quincy, IL

62305

$1,009,000

$36K

504

All Other Amusement and Recreation Industries

2010-04-30

TRANQUILITY MED SPA INC Wells Fargo Bank National Association

Quincy, IL

62301

$995,300

$199K

7(a)

All Other Outpatient Care Centers

2006-07-10

Whicker Properties, LLC SomerCor 504, Inc.

Quincy, IL

62305

$975,000

$975K

504

Painting and Wall Covering Contractors

2018-01-29

Doughboys of Quincy, Inc.Readycap Lending, LLC

Quincy, IL

62301

$950,000

$17K

7(a)

Limited-Service Restaurants

2004-05-14

HUCK STORE FIXTURES, INC.Readycap Lending, LLC

Quincy, IL

62305

$900,000

—

7(a)

—

1996-04-18

Rack Builders, Inc First Mid Bank & Trust, National Association

Quincy, IL

62305

$842,000

$26K

7(a)

Plate Work Manufacturing

2011-07-29

PMG of Quincy LLC Arvest Bank

Quincy, IL

62301

$744,000

$25K

7(a)

Full-Service Restaurants

2023-06-28

DR. DALE SHAHAN Live Oak Banking Company

Quincy, IL

62301

$730,000

$122K

7(a)

Offices of Dentists

2009-08-24

WASHINGTON PARK INN United Community Bank

Quincy, IL

62301

$718,000

—

7(a)

—

1994-10-17

KTM Acquisition LLC SomerCor 504, Inc.

Quincy, IL

62305

$704,000

$176K

504

All Other Miscellaneous Manufacturing

2017-03-30

C&M Marketing and Food Sales, LLC First Mid Bank & Trust, National Association

Quincy, IL

62301

$663,000

$83K

7(a)

"General Freight Trucking, Long-Distance, Truckload"

2021-06-29

KT Quincy, LLC Wells Fargo Bank National Association

Quincy, IL

62305

$627,000

$33K

7(a)

Fitness and Recreational Sports Centers

2018-07-16

Clean Eatz Quincy HOMEBANK

Quincy, IL

62305

$585,700

$37K

7(a)

Limited-Service Restaurants

2024-07-26

RTD OFFICE PRODUCTS, INC.Town and Country Bank Midwest

Quincy, IL

62301

$565,000

$71K

7(a)

Computer and Software Stores

2010-04-19

TRESCOMP, INC.U.S. Bank, National Association

Quincy, IL

62301

$545,000

—

7(a)

Electron Tube Manufacturing

1993-05-24

CENTRAL WELDING SUPPLIES, INC.Bank of America, National Association

Quincy, IL

62301

$500,000

—

7(a)

Other Miscellaneous Durable Goods Wholesalers

1994-08-30

Bowling Green Tractor, Hannibal Tractor, Brookfield Tractor, and Havana Tractor,

Quincy, IL · 62305

$5,000,000

7(a)

Newtek Bank, National Association$53K/job · 2025-09-10

N. Kohl Grocer Company

Quincy, IL · 62305

$5,000,000

504

SomerCor 504, Inc.$385K/job · 2017-05-08

Poepping, Stone, Bach &Associates, Inc.

Quincy, IL · 62305

$3,575,000

7(a)

Byline Bank$72K/job · 2018-05-04

Byline Bank$271K/job · 2017-11-03

OTTO VENDING SERVICE, INC.

Quincy, IL · 62305

$1,634,000

7(a)

Hawthorn Bank$63K/job · 2015-10-20

MICROTEL INN & SUITES

Quincy, IL · 62301

$1,551,000

504

Illinois Business Financial Services$62K/job · 2007-03-30

Heartland Bank and Trust Company$58K/job · 2005-03-25

Beacon Bank and Trust$156K/job · 2019-03-01

Schwartz Insurance Agency, LLC

Quincy, IL · 62301

$1,039,000

7(a)

Bankwell Bank$346K/job · 2025-09-03

Illinois Business Financial Services$36K/job · 2010-04-30

TRANQUILITY MED SPA INC

Quincy, IL · 62301

$995,300

7(a)

Wells Fargo Bank National Association$199K/job · 2006-07-10

Whicker Properties, LLC

Quincy, IL · 62305

$975,000

504

SomerCor 504, Inc.$975K/job · 2018-01-29

Doughboys of Quincy, Inc.

Quincy, IL · 62301

$950,000

7(a)

Readycap Lending, LLC$17K/job · 2004-05-14

HUCK STORE FIXTURES, INC.

Quincy, IL · 62305

$900,000

7(a)

Readycap Lending, LLC1996-04-18

First Mid Bank & Trust, National Association$26K/job · 2011-07-29

Arvest Bank$25K/job · 2023-06-28

Live Oak Banking Company$122K/job · 2009-08-24

United Community Bank1994-10-17

SomerCor 504, Inc.$176K/job · 2017-03-30

C&M Marketing and Food Sales, LLC

Quincy, IL · 62301

$663,000

7(a)

First Mid Bank & Trust, National Association$83K/job · 2021-06-29

Wells Fargo Bank National Association$33K/job · 2018-07-16

HOMEBANK$37K/job · 2024-07-26

RTD OFFICE PRODUCTS, INC.

Quincy, IL · 62301

$565,000

7(a)

Town and Country Bank Midwest$71K/job · 2010-04-19

U.S. Bank, National Association1993-05-24

CENTRAL WELDING SUPPLIES, INC.

Quincy, IL · 62301

$500,000

7(a)

Bank of America, National Association1994-08-30

1–25 of 167

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