Top Industries Financed
- Landscaping Services
- Other Personal Care Services
- Offices of Chiropractors
- Horse and Other Equine Production
- Residential Remodelers
Quick Summary
The First National Bank of Waterloo is an SBA-approved lender headquartered in WATERLOO, Illinois. Since 2020, they have approved 36 SBA 7(a) loans totaling $3.0M, with an average loan size of $83K. They serve businesses across 2 states.
About The First National Bank of Waterloo
The First National Bank of Waterloo is an SBA-approved lender headquartered in WATERLOO, Illinois. Since 2020, they have approved 36 SBA 7(a) loans totaling $3.0M, with an average loan size of $83K. They serve businesses across 2 states.
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Frequently Asked Questions
Is The First National Bank of Waterloo an SBA Preferred Lender?
The First National Bank of Waterloo 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 The First National Bank of Waterloo approved?
According to SBA FOIA public records, The First National Bank of Waterloo has approved 36 SBA 7(a) loans totaling $3.0M since 2020. Their average loan size is $83K.
What states does The First National Bank of Waterloo serve?
The First National Bank of Waterloo serves businesses in 2 states: Illinois, Missouri.
How do I apply for an SBA loan with The First National Bank of Waterloo?
To apply for an SBA 7(a) loan with The First National Bank of Waterloo, 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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