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County25th of 92 in Illinois by approvalsFIPS 17199
SBA loans in Williamson 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 Williamson County, Illinois, received 39 SBA loan approvals worth $17.7M in FY2021 to FY2025 (37 7(a), 2 504).
That is 24.4 approvals per 1,000 business establishments (1,597 establishments in 2023), below the Illinois figure of 38.5 and below the national 41.0.
It ranks 25th of 92 Illinois counties with approvals. In FY2025 there were 7, down 42% on FY2024.
17 lenders had approvals here; the most active were U.S. Bank, National Association (10), SouthernTrust Bank (7) and Peoples National Bank National Association (4). The most common industry was other specialty trade contractors.
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 Williamson County
By number of approvals to businesses in the county, FY2021–FY2025; 17 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | U.S. Bank, National AssociationCincinnati, OH | 10 | $2.9M | 25.6% | |
| 2 | SouthernTrust BankGoreville, IL | 7 | $3.7M | 17.9% | |
| 3 | Peoples National Bank National AssociationMcLeansboro, IL | 4 | $1.5M | 10.3% | |
| 4 | Legence BankEldorado, IL | 3 | $265K | 7.7% | |
| 5 | The Fidelity BankFuquay Varina, NC | 2 | — | 5.1% | |
| 6 | Newtek Bank, National AssociationMiami, FL | 2 | — | 5.1% | |
| 7 | Small Business Growth CorporationSpringfield, IL · CDC | 1 | — | 2.6% | |
| 8 | Rockford Local Development CorporationRockford, IL · CDC | 1 | — | 2.6% | |
| 9 | American Momentum BankCollege Station, TX | 1 | — | 2.6% | |
| 10 | Stock Yards Bank & Trust CompanyLouisville, KY | 1 | — | 2.6% | |
| 11 | First Southern BankMarion, IL | 1 | — | 2.6% | |
| 12 | Banterra BankMarion, IL | 1 | — | 2.6% | |
| 13 | The Huntington National BankColumbus, OH | 1 | — | 2.6% | |
| 14 | United Midwest Savings Bank National AssociationDe Graff, OH | 1 | — | 2.6% | |
| 15 | Readycap Lending, LLCBerkeley Heights, NJ | 1 | — | 2.6% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Specialty Trade ContractorsNAICS 2389 | 4 | 10.3% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 3 | 7.7% | |
| 3 | Other Personal ServicesNAICS 8129 | 3 | 7.7% | |
| 4 | Support Activities for Rail TransportationNAICS 4882 | 2 | 5.1% | |
| 5 | Architectural and Structural Metals ManufacturingNAICS 3323 | 2 | 5.1% | |
| 6 | Residential Intellectual and Developmental Disability, Mental Health, and Substance Abuse FacilitiesNAICS 6232 | 2 | 5.1% | |
| 7 | Grocery StoresNAICS 4451 | 2 | 5.1% | |
| 8 | Warehouse Clubs, Supercenters, and Other General Merchandise RetailersNAICS 4552 | 2 | 5.1% | |
| 9 | Residential Building ConstructionNAICS 2361 | 2 | 5.1% | |
| 10 | Personal Care ServicesNAICS 8121 | 2 | 5.1% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 8 | 20.5% | |
| 2 | Other Services (except Public Administration) | 8 | 20.5% | |
| 3 | Retail Trade | 6 | 15.4% | |
| 4 | Health Care and Social Assistance | 5 | 12.8% | |
| 5 | Transportation and Warehousing | 3 | 7.7% | |
| 6 | Accommodation and Food Services | 3 | 7.7% | |
| 7 | Manufacturing | 2 | 5.1% | |
| 8 | Information | 1 | 2.6% |
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* | 3 | $3.5M | $50K | 0 | — | 3 | 17 |
| FY2025 | 7 | $2.0M | $135K | 0 | — | 7 | 19 |
| FY2024 | 12 | $7.9M | $433K | 0 | — | 12 | 168 |
| FY2023 | 11 | $2.2M | $196K | 0 | — | 11 | 76 |
| FY2022 | 4 | $1.8M | $328K | 2 | — | 6 | 43 |
| FY2021 | 3 | $380K | $100K | 0 | — | 3 | 13 |
| FY2020 | 2 | — | — | 1 | — | 3 | 9 |
| FY2019 | 5 | $1.1M | $150K | 3 | $821K | 8 | 52 |
| FY2018 | 3 | $5.2M | $212K | 2 | — | 5 | 72 |
| FY2017 | 5 | $1.9M | $261K | 0 | — | 5 | 66 |
| FY2016 | 7 | $6.2M | $340K | 3 | $5.7M | 10 | 312 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 31 approvals.
Against Illinois and the country
| FY2021–FY2025 | Williamson County | Illinois | United States |
|---|---|---|---|
| Approvals | 39 | 12,417 | 342,825 |
| Approvals per 1,000 establishments | 24.4 | 38.5 | 41.0 |
| Median 7(a) approval | $150K | $200K | $190K |
| Median 504 approval | — | $578K | $657K |
| Average approval | $454K | $581K | $573K |
| 504 share of approvals | 5.1% | 14.2% | 11.0% |
| Jobs supported per approval, as reported | 8.2 | 11.4 | 10.5 |
| Share of state approvals | 0.3% | 100.0% | — |
Approval sizes
- $50,000 or less20.5%8
- $50,001 to $150,00030.8%12
- $150,001 to $350,00012.8%5
- $350,001 to $1 million23.1%9
- $1 million to $2 million7.7%3
- Over $2 million5.1%2
Age of the businesses
- Existing, more than 2 years old69.2%27
- New business, 2 years or less10.3%4
- Startup, loan funds will open the business10.3%4
- Change of ownership10.3%4
Questions and answers
Which lenders make the most SBA loans in Williamson County?
By approvals in FY2021 to FY2025: U.S. Bank, National Association (10), SouthernTrust Bank (7), Peoples National Bank National Association (4), Legence Bank (3), The Fidelity Bank (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Williamson County?
The median 7(a) approval was $150K; the Illinois 7(a) median was $200K.
Which industries get the most SBA loans in Williamson County?
Other Specialty Trade Contractors (4); Restaurants and Other Eating Places (3); Other Personal Services (3); Support Activities for Rail Transportation (2); Architectural and Structural Metals Manufacturing (2).
Is SBA lending in Williamson County rising?
Approvals in the three latest complete fiscal years total 30, against 12 in the three before: rising (+150%).
How does Williamson County compare with the rest of Illinois?
24.4 approvals per 1,000 establishments against 38.5 statewide, and 39 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