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County20th of 92 in Illinois by approvalsFIPS 17161
SBA loans in Rock Island County, Illinois
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Businesses in Rock Island County, Illinois, received 50 SBA loan approvals worth $30.1M in FY2021 to FY2025 (40 7(a), 10 504).
That is 16.7 approvals per 1,000 business establishments (2,992 establishments in 2023), below the Illinois figure of 38.5 and below the national 41.0.
It ranks 20th of 92 Illinois counties with approvals. In FY2025 there were 13.
22 lenders had approvals here; the most active were Small Business Growth Corporation (8), U.S. Bank, National Association (7) and Newtek Bank, National Association (4). The most common industry was restaurants and other eating places.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Rock Island County
By number of approvals to businesses in the county, FY2021–FY2025; 22 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Small Business Growth CorporationSpringfield, IL · CDC | 8 | $3.7M | 16.0% | |
| 2 | U.S. Bank, National AssociationCincinnati, OH | 7 | $1.7M | 14.0% | |
| 3 | Newtek Bank, National AssociationMiami, FL | 4 | $1.4M | 8.0% | |
| 4 | Quad City Bank and Trust CompanyBettendorf, IA | 4 | $712K | 8.0% | |
| 5 | Northeast BankLewiston, ME | 3 | $520K | 6.0% | |
| 6 | Midland States BankEffingham, IL | 2 | — | 4.0% | |
| 7 | Fortress BankPeoria, IL | 2 | — | 4.0% | |
| 8 | Millennium BankDes Plaines, IL | 2 | — | 4.0% | |
| 9 | Busey BankChampaign, IL | 2 | — | 4.0% | |
| 10 | IH Mississippi Valley Credit UnionMoline, IL | 2 | — | 4.0% | |
| 11 | First Bank of the LakeOsage Beach, MO | 2 | — | 4.0% | |
| 12 | Wells Fargo Bank National AssociationSioux Falls, SD | 2 | — | 4.0% | |
| 13 | Citizens First BankClinton, IA | 1 | — | 2.0% | |
| 14 | GBankLas Vegas, NV | 1 | — | 2.0% | |
| 15 | Byline BankChicago, IL | 1 | — | 2.0% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 4 | 8.0% | |
| 2 | General Freight TruckingNAICS 4841 | 4 | 8.0% | |
| 3 | Couriers and Express Delivery ServicesNAICS 4921 | 3 | 6.0% | |
| 4 | Personal Care ServicesNAICS 8121 | 3 | 6.0% | |
| 5 | Traveler AccommodationNAICS 7211 | 2 | 4.0% | |
| 6 | Other General Purpose Machinery ManufacturingNAICS 3339 | 2 | 4.0% | |
| 7 | Other Heavy and Civil Engineering ConstructionNAICS 2379 | 2 | 4.0% | |
| 8 | Child Day Care ServicesNAICS 6244 | 2 | 4.0% | |
| 9 | Automotive Repair and MaintenanceNAICS 8111 | 2 | 4.0% | |
| 10 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 2 | 4.0% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 8 | 16.0% | |
| 2 | Other Services (except Public Administration) | 7 | 14.0% | |
| 3 | Transportation and Warehousing | 7 | 14.0% | |
| 4 | Manufacturing | 5 | 10.0% | |
| 5 | Construction | 5 | 10.0% | |
| 6 | Professional, Scientific, and Technical Services | 5 | 10.0% | |
| 7 | Retail Trade | 4 | 8.0% | |
| 8 | Health Care and Social Assistance | 3 | 6.0% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 7 | $5.0M | $485K | 0 | — | 7 | 64 |
| FY2025 | 11 | $6.7M | $300K | 2 | — | 13 | 137 |
| FY2024 | 6 | $4.3M | $110K | 1 | — | 7 | 53 |
| FY2023 | 10 | $6.8M | $450K | 1 | — | 11 | 144 |
| FY2022 | 9 | $6.0M | $80K | 2 | — | 11 | 44 |
| FY2021 | 4 | $837K | $56K | 4 | $2.5M | 8 | 47 |
| FY2020 | 12 | $8.7M | $250K | 2 | — | 14 | 112 |
| FY2019 | 7 | $1.3M | $104K | 3 | $1.7M | 10 | 136 |
| FY2018 | 8 | $8.1M | $194K | 0 | — | 8 | 82 |
| FY2017 | 18 | $3.6M | $169K | 2 | — | 20 | 128 |
| FY2016 | 10 | $5.6M | $365K | 1 | — | 11 | 210 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 63 approvals.
Against Illinois and the country
| FY2021–FY2025 | Rock Island County | Illinois | United States |
|---|---|---|---|
| Approvals | 50 | 12,417 | 342,825 |
| Approvals per 1,000 establishments | 16.7 | 38.5 | 41.0 |
| Median 7(a) approval | $276K | $200K | $190K |
| Median 504 approval | $408K | $578K | $657K |
| Average approval | $601K | $581K | $573K |
| 504 share of approvals | 20.0% | 14.2% | 11.0% |
| Jobs supported per approval, as reported | 8.5 | 11.4 | 10.5 |
| Share of state approvals | 0.4% | 100.0% | — |
Approval sizes
- $50,000 or less20.0%10
- $50,001 to $150,00022.0%11
- $150,001 to $350,00014.0%7
- $350,001 to $1 million18.0%9
- $1 million to $2 million16.0%8
- Over $2 million10.0%5
Age of the businesses
- Existing, more than 2 years old48.0%24
- New business, 2 years or less18.0%9
- Startup, loan funds will open the business14.0%7
- Change of ownership20.0%10
Questions and answers
Which lenders make the most SBA loans in Rock Island County?
By approvals in FY2021 to FY2025: Small Business Growth Corporation (8), U.S. Bank, National Association (7), Newtek Bank, National Association (4), Quad City Bank and Trust Company (4), Northeast Bank (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Rock Island County?
The median 7(a) approval was $276K and the median 504 approval $408K; the Illinois 7(a) median was $200K.
Which industries get the most SBA loans in Rock Island County?
Restaurants and Other Eating Places (4); General Freight Trucking (4); Couriers and Express Delivery Services (3); Personal Care Services (3); Traveler Accommodation (2).
Is SBA lending in Rock Island County rising?
Approvals in the three latest complete fiscal years total 31, against 33 in the three before: broadly level (-6%).
How does Rock Island County compare with the rest of Illinois?
16.7 approvals per 1,000 establishments against 38.5 statewide, and 50 of the state's 12,417 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error