SBA Lending in Springfield, Illinois
The SBA FOIA record lists 1,097 7(a) approvals worth $271M for businesses in Springfield, IL, and annual volume has fallen 24% versus the prior decade.
- 1,097
- 7(a) loans
- $271M
- Approved dollars
- $246,844
- Average loan size
- #3
- Rank in Illinois
- -24%
- Annualized vs prior decade
- 6.3%
- Active-status distress
Springfield is the #3 SBA 7(a) market in Illinois and #176 in the country. Since 1991 the FOIA record lists 1,097 approvals here worth $271M, averaging $246,844 each. Annual approval volume has fallen 24% between FY2013-2019 and FY2020-2026. Among 158 active-status loans, 6.3% are delinquent, past due, or in liquidation. The local business type with the most listed records is full-service restaurants.
What Springfield borrows for
Who lends in Springfield
Open the national map, drill into Illinois, and compare Springfield against every zip code in the state.
Open the interactive map ↗7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Active-status distress counts DELINQ, PSTDUE, or LIQUID loans as a share of CURR, DELINQ, PSTDUE, LIQUID, or DEFERD loans. Approval is not funding. FOIA record as of March 31, 2026. Methodology.