Lenders › First Mid Bank & Trust, National Association
7(a) lenderMattoon, IllinoisFDIC-insured bank205th of 2,184 by approvals
First Mid Bank & Trust, National Association
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
First Mid Bank & Trust, National Association, based in Mattoon, Illinois, is an FDIC-insured bank in the SBA 7(a) program. SBA approved 188 of its 7(a) loans worth $84.6M in FY2021 to FY2025, which places it 205th of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 18 approvals totalling $11.6M, down 40% on FY2024 (30). FY2026 to 30 Jun 2026 adds 11 more.
The median approval was $230K, against $190K for the 7(a) program as a whole; 37.2% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 8 states and territories and 49 counties, led by Illinois (65.4%), Iowa (17.0%) and Texas (8.5%). The largest industry group was accommodation and food services at 18.6% of approvals, and 6.9% of approvals were to franchise businesses.
Of 636 disbursed loans approved in FY2010 to FY2021, SBA records 37 as charged off (5.8%), 493 as paid in full and 106 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 11 | $4.9M | $112K | $449K | 47 |
| FY2025 | 18 | $11.6M | $328K | $645K | 174 |
| FY2024 | 30 | $11.3M | $231K | $375K | 271 |
| FY2023 | 27 | $14.4M | $250K | $533K | 320 |
| FY2022 | 41 | $18.7M | $288K | $457K | 363 |
| FY2021 | 72 | $28.6M | $161K | $397K | 831 |
| FY2020 | 45 | $18.7M | $215K | $416K | 704 |
| FY2019 | 26 | $7.8M | $182K | $302K | 354 |
| FY2018 | 48 | $24.5M | $212K | $510K | 640 |
| FY2017 | 39 | $10.5M | $50K | $269K | 275 |
| FY2016 | 93 | $18.3M | $55K | $196K | 846 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 251 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Illinois | 7(a) program |
|---|---|---|---|
| Approvals in these years | 694 | 21,190 | 639,905 |
| Cancelled or never disbursed | 58 | 2,878 | 79,313 |
| Disbursed loans | 636 | 18,312 | 560,592 |
| Paid in full | 493 | 13,909 | 435,813 |
| Charged off | 37 | 1,459 | 36,891 |
| Still outstanding (status exempt from disclosure) | 106 | 2,944 | 87,888 |
| Charged off, share of disbursed loans | 5.8% | 8.0% | 6.6% |
| Dollars charged off, share of disbursed dollars | 1.8% | 4.1% | 2.5% |
| Dollars charged off | $3.7M | $327M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 67 | 28 | 0 | 0.0% | 2.8% |
| FY2020 | 40 | 22 | 0 | 0.0% | 4.0% |
| FY2019 | 25 | 15 | 1 | — | 6.7% |
| FY2018 | 44 | 25 | 3 | 6.8% | 7.9% |
| FY2017 | 36 | 30 | 2 | 5.6% | 7.7% |
| FY2016 | 85 | 67 | 9 | 10.6% | 7.2% |
| FY2015 | 94 | 85 | 6 | 6.4% | 6.9% |
| FY2014 | 85 | 77 | 6 | 7.1% | 6.4% |
| FY2013 | 41 | 35 | 5 | 12.2% | 6.0% |
| FY2012 | 38 | 34 | 2 | 5.3% | 6.3% |
| FY2011 | 47 | 45 | 0 | 0.0% | 6.9% |
| FY2010 | 34 | 30 | 3 | 8.8% | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $230K | $190K |
| Average approval | $450K | $518K |
| Approvals of $150,000 or less | 37.2% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 40.4% | 34.3% |
| Approvals to franchise businesses | 6.9% | 11.5% |
| Jobs supported per approval, as reported | 10.4 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 5.8% | 6.6% |
States served
| # | State of the business (8 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Illinois | 123 | $37.7M | 65.4% | |
| 2 | Iowa | 32 | $14.1M | 17.0% | |
| 3 | Texas | 16 | $20.2M | 8.5% | |
| 4 | Missouri | 13 | $7.2M | 6.9% | |
| 5 | Kansas | 1 | — | 0.5% | |
| 6 | Colorado | 1 | — | 0.5% | |
| 7 | Wisconsin | 1 | — | 0.5% | |
| 8 | Indiana | 1 | — | 0.5% |
In Illinois the lender accounts for 1.2% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (49 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Macon County, IL | 35 | $8.5M | 18.6% | |
| 2 | Madison County, IL | 21 | $9.1M | 11.2% | |
| 3 | Polk County, IA | 20 | $5.0M | 10.6% | |
| 4 | St. Clair County, IL | 12 | $2.2M | 6.4% | |
| 5 | Adams County, IL | 9 | $2.2M | 4.8% | |
| 6 | Jackson County, IL | 7 | $2.6M | 3.7% | |
| 7 | Winnebago County, IL | 6 | $2.2M | 3.2% | |
| 8 | Moultrie County, IL | 6 | $494K | 3.2% | |
| 9 | Dallas County, TX | 4 | $9.5M | 2.1% | |
| 10 | Tarrant County, TX | 4 | $4.8M | 2.1% | |
| 11 | St. Louis County, MO | 4 | $4.6M | 2.1% | |
| 12 | Denton County, TX | 4 | $3.2M | 2.1% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 35 | 18.6% | |
| 2 | Retail Trade | 18 | 9.6% | |
| 3 | Transportation and Warehousing | 18 | 9.6% | |
| 4 | Other Services (except Public Administration) | 18 | 9.6% | |
| 5 | Construction | 16 | 8.5% | |
| 6 | Professional, Scientific, and Technical Services | 16 | 8.5% | |
| 7 | Health Care and Social Assistance | 14 | 7.4% | |
| 8 | Manufacturing | 13 | 6.9% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 32 | 17.0% | |
| 2 | General Freight TruckingNAICS 4841 | 10 | 5.3% | |
| 3 | Building Finishing ContractorsNAICS 2383 | 8 | 4.3% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 8 | 4.3% | |
| 5 | Services to Buildings and DwellingsNAICS 5617 | 7 | 3.7% | |
| 6 | Offices of Other Health PractitionersNAICS 6213 | 6 | 3.2% | |
| 7 | Other Amusement and Recreation IndustriesNAICS 7139 | 5 | 2.7% | |
| 8 | Building Equipment ContractorsNAICS 2382 | 5 | 2.7% | |
| 9 | Automotive Parts, Accessories, and Tire StoresNAICS 4413 | 5 | 2.7% | |
| 10 | Personal Care ServicesNAICS 8121 | 5 | 2.7% |
Approval sizes
- $50,000 or less12.2%23
- $50,001 to $150,00025.0%47
- $150,001 to $350,00033.5%63
- $350,001 to $1 million19.1%36
- $1 million to $2 million4.3%8
- Over $2 million5.9%11
Loan terms
- 5 years or less19.7%37
- Over 5 to 10 years50.5%95
- Over 10 to 20 years19.7%37
- Over 20 years10.1%19
Age of the businesses
- Existing, more than 2 years old45.2%85
- New business, 2 years or less13.8%26
- Startup, loan funds will open the business26.6%50
- Change of ownership14.4%27
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | SBA Express Program | 71 | 37.8% | |
| 2 | Preferred Lenders Program | 61 | 32.4% | |
| 3 | 7a General | 56 | 29.8% |
Franchise share
13 of 188 approvals in FY2021–FY2025 (6.9%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Papa Murphy's Take 'N' Bake Pizza | 2 | 1.1% | |
| 2 | Huddle House | 1 | 0.5% | |
| 3 | X-Golf | 1 | 0.5% | |
| 4 | Scooter's Coffee | 1 | 0.5% | |
| 5 | Subway | 1 | 0.5% | |
| 6 | Napa AutoCare Program Membership Agreement | 1 | 0.5% | |
| 7 | Alloy Personal Traning | 1 | 0.5% | |
| 8 | Batteries Plus | 1 | 0.5% |
Questions and answers
How many SBA loans does First Mid Bank & Trust, National Association make?
SBA approved 18 7(a) loans through First Mid Bank & Trust, National Association in FY2025, worth $11.6M, and 188 over FY2021 to FY2025. That ranks 205th of 2,184 active 7(a) lenders by number of approvals.
How large are First Mid Bank & Trust, National Association's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $230K and the average $450K. The program-wide median was $190K.
What is First Mid Bank & Trust, National Association's charge-off rate?
Of 636 disbursed loans approved in FY2010 to FY2021, SBA records 37 as charged off (5.8%), 493 as paid in full and 106 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does First Mid Bank & Trust, National Association lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (32); general freight trucking (10); building finishing contractors (8); automotive repair and maintenance (8).
Where does First Mid Bank & Trust, National Association make SBA loans?
In 8 states and territories. Illinois 123, Iowa 32, Texas 16, Missouri 13, Kansas 1. In Illinois it accounts for 1.2% of all 7(a) approvals.
Is First Mid Bank & Trust, National Association's SBA lending rising?
Approvals in the three latest complete fiscal years total 75, against 158 in the three before: falling (-53%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error