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SouthernTrust Bank

GOREVILLE, IL 62939

13
Loans Approved
$4.6M
Total Volume
$353K
Avg Loan Size
2
States Served

States Served

IllinoisMissouri

Top Industries Financed

  • General Freight Trucking, Long Distance, Truckload
  • Fabricated Structural Metal Manufacturing
  • Supermarkets and Other Grocery (except Convenience) Stores
  • Motor Vehicle Towing
  • General Automotive Repair

Quick Summary

SouthernTrust Bank is an SBA-approved lender headquartered in GOREVILLE, Illinois. Since 2020, they have approved 13 SBA 7(a) loans totaling $4.6M, with an average loan size of $353K. They serve businesses across 2 states.

About SouthernTrust Bank

SouthernTrust Bank is an SBA-approved lender headquartered in GOREVILLE, Illinois. Since 2020, they have approved 13 SBA 7(a) loans totaling $4.6M, with an average loan size of $353K. They serve businesses across 2 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is SouthernTrust Bank an SBA Preferred Lender?

SouthernTrust 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 SouthernTrust Bank approved?

According to SBA FOIA public records, SouthernTrust Bank has approved 13 SBA 7(a) loans totaling $4.6M since 2020. Their average loan size is $353K.

What states does SouthernTrust Bank serve?

SouthernTrust Bank serves businesses in 2 states: Illinois, Missouri.

How do I apply for an SBA loan with SouthernTrust Bank?

To apply for an SBA 7(a) loan with SouthernTrust 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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