States Served
Top Industries Financed
- Retail Bakeries
Quick Summary
Flanagan State Bank is an SBA-approved lender headquartered in Flanagan, Illinois. Since 2020, they have approved 1 SBA 7(a) loans totaling $192K, with an average loan size of $192K. They primarily serve Illinois businesses.
About Flanagan State Bank
Flanagan State Bank is an SBA-approved lender headquartered in Flanagan, Illinois. Since 2020, they have approved 1 SBA 7(a) loans totaling $192K, with an average loan size of $192K. They primarily serve businesses in Illinois.
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Frequently Asked Questions
Is Flanagan State Bank an SBA Preferred Lender?
Flanagan State Bank 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 Flanagan State Bank approved?
According to SBA FOIA public records, Flanagan State Bank has approved 1 SBA 7(a) loans totaling $192K since 2020. Their average loan size is $192K.
What states does Flanagan State Bank serve?
Flanagan State Bank primarily serves businesses in Illinois.
How do I apply for an SBA loan with Flanagan State Bank?
To apply for an SBA 7(a) loan with Flanagan State Bank, 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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