Home Illinois Midland States Bank

Midland States Bank

EFFINGHAM, IL 62401

⭐ SBA Preferred Lender
139
Loans Approved
$68.8M
Total Volume
$495K
Avg Loan Size
9
States Served

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.

Ready to Apply for an SBA Loan?

Check if you qualify in minutes — no impact to your credit score.

SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days