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Midwest Bank — SBA Loan Activity

Public SBA 7(a) and 504 lending activity for Midwest Bank.

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OverviewRecent loansIndustriesGeography7(a) vs 504
Total SBA loans
13
2010 – 2025
Approved $
$2.2M
across all programs
Avg loan size
$172K
median $84K
Top industry
Clothing Accessories Stores
2 loans · 15%

7(a) vs 504

BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
13
Approved
$2.2M
Avg size
$172K
Range
$25K – $1.3M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—

Top industries funded

See all industries
Clothing Accessories Stores
2
Full-Service Restaurants
2
"Gift, Novelty, and Souvenir Stores"
1
"Photography Studios, Portrait"
1
All Other Amusement and Recreation Industries
1
Baked Goods Stores
1
Loan records · Midwest Bank
13 records
Sort:
R KENT WESTFALL
Avon, IL · 61415
$1,300,000
7(a)
Midwest Bank$118K/job · 2010-02-19
THE SHIRT FACTORY
Monmouth, IL · 61462
$125,000
7(a)
Midwest Bank2001-05-22
JILL'S HALLMARK
Monmouth, IL · 61462
$100,000
7(a)
Midwest Bank1998-03-11
NEW FRIENDLY CAFE
Galesburg, IL · 61401
$100,000
7(a)
Midwest Bank1998-07-27
COLLINS QUALITY CLEANERS
St Madison, IL · 52627
$94,065
7(a)
Midwest Bank1999-03-25
HARPER'S FAMILY RESTAURANT
Monmouth, IL · 61462
$85,000
7(a)
Midwest Bank1995-08-08
DEBBIE'S, INC.
Milan, IL · 61264
$84,000
7(a)
Midwest Bank1998-07-02
COFFEE HOUSE CAFE
Monmouth, IL · 61462
$75,000
7(a)
Midwest Bank$15K/job · 2007-11-20
JANE S. BOGART
Monmouth, IL · 61462
$72,000
7(a)
Midwest Bank$14K/job · 2010-08-13
PORTRAITS BY BUFF
Monmouth, IL · 61462
$70,000
7(a)
Midwest Bank1995-03-23
K C CONSULTING
Monmouth, IL · 61462
$50,000
7(a)
Midwest Bank2003-01-27
THE COFFEE HOUSE CAFE
Monmouth, IL · 61462
$50,000
7(a)
Midwest Bank$10K/job · 2007-11-20
SHIRT FACTORY (THE)
Monmouth, IL · 61462
$25,000
7(a)
Midwest Bank2004-04-28
1–13 of 13
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Where Midwest Bank lends

APPROVAL CONCENTRATION
TOP STATES
IL
13