Lenders › Peoples National Bank National Association
7(a) lenderMcLeansboro, IllinoisFDIC-insured bank378th of 2,184 by approvals
Peoples National Bank 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.
Peoples National Bank National Association, based in McLeansboro, Illinois, is an FDIC-insured bank in the SBA 7(a) program. SBA approved 78 of its 7(a) loans worth $40.3M in FY2021 to FY2025, which places it 378th of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 11 approvals totalling $10.0M. FY2026 to 30 Jun 2026 adds 8 more.
The median approval was $259K, 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 3 states and territories and 21 counties, led by Illinois (59.0%), Missouri (39.7%) and Indiana (1.3%). The largest industry group was health care and social assistance at 17.9% of approvals, and 9.0% of approvals were to franchise businesses.
Of 226 disbursed loans approved in FY2010 to FY2021, SBA records 14 as charged off (6.2%), 184 as paid in full and 28 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* | 8 | $10.7M | $150K | $1.3M | 84 |
| FY2025 | 11 | $10.0M | $430K | $909K | 401 |
| FY2024 | 8 | $7.4M | $325K | $923K | 278 |
| FY2023 | 9 | $2.7M | $280K | $299K | 204 |
| FY2022 | 23 | $9.4M | $159K | $410K | 460 |
| FY2021 | 27 | $10.7M | $250K | $398K | 289 |
| FY2020 | 9 | $4.1M | $220K | $460K | 504 |
| FY2019 | 7 | $956K | $100K | $137K | 72 |
| FY2018 | 18 | $3.2M | $121K | $180K | 415 |
| FY2017 | 15 | $6.6M | $250K | $439K | 298 |
| FY2016 | 24 | $5.6M | $133K | $234K | 191 |
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 73 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 | 245 | 21,190 | 639,905 |
| Cancelled or never disbursed | 19 | 2,878 | 79,313 |
| Disbursed loans | 226 | 18,312 | 560,592 |
| Paid in full | 184 | 13,909 | 435,813 |
| Charged off | 14 | 1,459 | 36,891 |
| Still outstanding (status exempt from disclosure) | 28 | 2,944 | 87,888 |
| Charged off, share of disbursed loans | 6.2% | 8.0% | 6.6% |
| Dollars charged off, share of disbursed dollars | 4.0% | 4.1% | 2.5% |
| Dollars charged off | $2.6M | $327M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 23 | 13 | 0 | — | 2.8% |
| FY2020 | 8 | 3 | 0 | — | 4.0% |
| FY2019 | 6 | 3 | 0 | — | 6.7% |
| FY2018 | 17 | 14 | 0 | — | 7.9% |
| FY2017 | 14 | 12 | 0 | — | 7.7% |
| FY2016 | 22 | 18 | 3 | — | 7.2% |
| FY2015 | 15 | 15 | 0 | — | 6.9% |
| FY2014 | 21 | 18 | 1 | — | 6.4% |
| FY2013 | 27 | 26 | 1 | — | 6.0% |
| FY2012 | 25 | 21 | 4 | — | 6.3% |
| FY2011 | 28 | 24 | 3 | — | 6.9% |
| FY2010 | 20 | 17 | 2 | — | 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 | $259K | $190K |
| Average approval | $516K | $518K |
| Approvals of $150,000 or less | 37.2% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 39.7% | 34.3% |
| Approvals to franchise businesses | 9.0% | 11.5% |
| Jobs supported per approval, as reported | 20.9 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 6.2% | 6.6% |
States served
| # | State of the business (3 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Illinois | 46 | $22.5M | 59.0% | |
| 2 | Missouri | 31 | $17.7M | 39.7% | |
| 3 | Indiana | 1 | — | 1.3% |
In Illinois the lender accounts for 0.4% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (21 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | St. Louis County, MO | 18 | $13.8M | 23.1% | |
| 2 | St. Louis city, MO | 8 | $2.6M | 10.3% | |
| 3 | White County, IL | 7 | $2.0M | 9.0% | |
| 4 | Saline County, IL | 7 | $857K | 9.0% | |
| 5 | Jefferson County, IL | 5 | $7.2M | 6.4% | |
| 6 | Hamilton County, IL | 5 | $3.0M | 6.4% | |
| 7 | Marion County, IL | 5 | $1.6M | 6.4% | |
| 8 | Williamson County, IL | 4 | $1.5M | 5.1% | |
| 9 | Franklin County, IL | 4 | $590K | 5.1% | |
| 10 | St. Charles County, MO | 3 | $667K | 3.8% | |
| 11 | Wayne County, IL | 2 | — | 2.6% | |
| 12 | Clinton County, IL | 1 | — | 1.3% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 14 | 17.9% | |
| 2 | Accommodation and Food Services | 11 | 14.1% | |
| 3 | Retail Trade | 10 | 12.8% | |
| 4 | Manufacturing | 9 | 11.5% | |
| 5 | Other Services (except Public Administration) | 8 | 10.3% | |
| 6 | Wholesale Trade | 6 | 7.7% | |
| 7 | Construction | 6 | 7.7% | |
| 8 | Arts, Entertainment, and Recreation | 4 | 5.1% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 11 | 14.1% | |
| 2 | Residential Intellectual and Developmental Disability, Mental Health, and Substance Abuse FacilitiesNAICS 6232 | 7 | 9.0% | |
| 3 | Other Specialty Trade ContractorsNAICS 2389 | 5 | 6.4% | |
| 4 | Other Amusement and Recreation IndustriesNAICS 7139 | 4 | 5.1% | |
| 5 | Child Day Care ServicesNAICS 6244 | 4 | 5.1% | |
| 6 | Miscellaneous Nondurable Goods Merchant WholesalersNAICS 4249 | 3 | 3.8% | |
| 7 | General Freight TruckingNAICS 4841 | 3 | 3.8% | |
| 8 | Furniture and Home Furnishings RetailersNAICS 4491 | 3 | 3.8% | |
| 9 | Miscellaneous Durable Goods Merchant WholesalersNAICS 4239 | 2 | 2.6% | |
| 10 | Automotive Repair and MaintenanceNAICS 8111 | 2 | 2.6% |
Approval sizes
- $50,000 or less11.5%9
- $50,001 to $150,00025.6%20
- $150,001 to $350,00029.5%23
- $350,001 to $1 million24.4%19
- $1 million to $2 million2.6%2
- Over $2 million6.4%5
Loan terms
- Over 5 to 10 years76.9%60
- Over 10 to 20 years19.2%15
- Over 20 years3.8%3
Age of the businesses
- Existing, more than 2 years old44.9%35
- New business, 2 years or less20.5%16
- Startup, loan funds will open the business19.2%15
- Change of ownership15.4%12
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | SBA Express Program | 54 | 69.2% | |
| 2 | 7a General | 23 | 29.5% | |
| 3 | International Trade Loans | 1 | 1.3% |
Franchise share
7 of 78 approvals in FY2021–FY2025 (9.0%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | F45 Training | 2 | 2.6% | |
| 2 | Mellow Mushroom | 1 | 1.3% | |
| 3 | Dippin' Dots | 1 | 1.3% | |
| 4 | Imo's Pizza | 1 | 1.3% | |
| 5 | Bumble Bee Blinds | 1 | 1.3% | |
| 6 | Waffle House | 1 | 1.3% |
Questions and answers
How many SBA loans does Peoples National Bank National Association make?
SBA approved 11 7(a) loans through Peoples National Bank National Association in FY2025, worth $10.0M, and 78 over FY2021 to FY2025. That ranks 378th of 2,184 active 7(a) lenders by number of approvals.
How large are Peoples National Bank National Association's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $259K and the average $516K. The program-wide median was $190K.
What is Peoples National Bank National Association's charge-off rate?
Of 226 disbursed loans approved in FY2010 to FY2021, SBA records 14 as charged off (6.2%), 184 as paid in full and 28 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 Peoples National Bank National Association lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (11); residential intellectual and developmental disability, mental health, and substance abuse facilities (7); other specialty trade contractors (5); other amusement and recreation industries (4).
Where does Peoples National Bank National Association make SBA loans?
In 3 states and territories. Illinois 46, Missouri 31, Indiana 1. In Illinois it accounts for 0.4% of all 7(a) approvals.
Is Peoples National Bank National Association's SBA lending rising?
Approvals in the three latest complete fiscal years total 28, against 59 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