Top Industries Financed
- Gasoline Stations with Convenience Stores
- Motor Vehicle Parts (Used) Merchant Wholesalers
- Full-Service Restaurants
Quick Summary
BankOrion is an SBA-approved lender headquartered in ORION, Illinois. Since 2020, they have approved 4 SBA 7(a) loans totaling $759K, with an average loan size of $190K. They serve businesses across 2 states.
About BankOrion
BankOrion is an SBA-approved lender headquartered in ORION, Illinois. Since 2020, they have approved 4 SBA 7(a) loans totaling $759K, with an average loan size of $190K. They serve businesses across 2 states.
Before you apply — know where you stand
Nav is the only place where you can track your FICO SBSS score — the score the SBA uses to determine loan eligibility.
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Frequently Asked Questions
Is BankOrion an SBA Preferred Lender?
BankOrion is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.
How many SBA loans has BankOrion approved?
According to SBA FOIA public records, BankOrion has approved 4 SBA 7(a) loans totaling $759K since 2020. Their average loan size is $190K.
What states does BankOrion serve?
BankOrion serves businesses in 2 states: Iowa, Illinois.
How do I apply for an SBA loan with BankOrion?
To apply for an SBA 7(a) loan with BankOrion, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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