Bank of Springfield
Headquartered in SPRINGFIELD, IL. Analysis based on 215 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $71.5M.
Total 7(a) loans
215
Total approved
$71.5M
Average loan
$333K
States funded in
16
Charge-off rate
2.27%
FY2020–FY2023 cohort
Paid-in-full rate
20.45%
Average rate
6.87%
Average term
108 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 561730 | Landscaping Services | 12 |
| 722511 | Full-Service Restaurants | 12 |
| 484121 | General Freight Trucking, Long Distance, Truckload | 9 |
| 238990 | All Other Specialty Trade Contractors | 8 |
| 812990 | All Other Personal Services | 7 |
| 621310 | Offices of Chiropractors | 6 |
| 812199 | Other Personal Care Services | 6 |
| 722513 | Limited-Service Restaurants | 6 |
| 448120 | Women's Clothing Stores | 6 |
| 238910 | Site Preparation Contractors | 6 |
Top 10 states
| State | Loans |
|---|---|
| IL | 154 |
| MO | 39 |
| CO | 3 |
| AZ | 3 |
| SC | 2 |
| NY | 2 |
| KS | 2 |
| TX | 2 |
| FL | 1 |
| AL | 1 |
Top franchise brands financed
12 franchise loans across 8 distinct brands.
| Franchise | Loans |
|---|---|
| Apricot Lane | 3 |
| X-Golf | 3 |
| Miracle Method Surface Refinis | 1 |
| Oxi Fresh Carpet Cleaning | 1 |
| Real Property Management | 1 |
| Medi-Weightloss | 1 |
| The Little Gym | 1 |
| FRSTeam | 1 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.