139
Loans Approved
$68.8M
Total Volume
$495K
Avg Loan Size
9
States Served
Top Industries Financed
- Limited-Service Restaurants
- Fitness and Recreational Sports Centers
- Residential Remodelers
- Full-Service Restaurants
- Nail Salons
About Midland States Bank
Midland States Bank is an SBA-approved lender headquartered in EFFINGHAM, Illinois. Since 2020, they have approved 139 SBA 7(a) loans totaling $68.8M, with an average loan size of $495K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 9 states.
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