Lenders › Village Bank and Trust, National Association
7(a) lenderArlington Heights, IllinoisFDIC-insured bank173rd of 2,184 by approvals
Village Bank and 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.
In FY2021 to FY2025 SBA approved 219 7(a) loans, worth $149M, through Village Bank and Trust, National Association of Arlington Heights, Illinois, an FDIC-insured bank in the SBA 7(a) program. By number of approvals that is 173rd among 2,184 active 7(a) lenders.
In FY2025, the latest complete fiscal year, it had 45 approvals totalling $27.3M, up 41% on FY2024 (32). FY2026 to 30 Jun 2026 adds 23 more.
The median approval was $431K, against $190K for the 7(a) program as a whole; 13.2% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 13 states and territories and 32 counties, led by Illinois (84.9%), Indiana (2.7%) and Texas (2.3%). The largest industry group was accommodation and food services at 21.0% of approvals, and 23.7% of approvals were to franchise businesses.
Of 667 disbursed loans approved in FY2010 to FY2021, SBA records 36 as charged off (5.4%), 537 as paid in full and 94 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below 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* | 23 | $18.2M | $500K | $790K | 670 |
| FY2025 | 45 | $27.3M | $400K | $606K | 928 |
| FY2024 | 32 | $21.3M | $415K | $666K | 735 |
| FY2023 | 48 | $31.7M | $500K | $660K | 1,292 |
| FY2022 | 29 | $24.0M | $341K | $829K | 525 |
| FY2021 | 65 | $45.0M | $450K | $693K | 1,829 |
| FY2020 | 39 | $18.1M | $300K | $464K | 942 |
| FY2019 | 67 | $42.8M | $325K | $639K | 1,725 |
| FY2018 | 44 | $17.2M | $250K | $390K | 827 |
| FY2017 | 66 | $26.5M | $238K | $402K | 1,344 |
| FY2016 | 65 | $26.4M | $240K | $406K | 1,613 |
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 281 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 | 731 | 21,190 | 639,905 |
| Cancelled or never disbursed | 64 | 2,878 | 79,313 |
| Disbursed loans | 667 | 18,312 | 560,592 |
| Paid in full | 537 | 13,909 | 435,813 |
| Charged off | 36 | 1,459 | 36,891 |
| Still outstanding (status exempt from disclosure) | 94 | 2,944 | 87,888 |
| Charged off, share of disbursed loans | 5.4% | 8.0% | 6.6% |
| Dollars charged off, share of disbursed dollars | 3.3% | 4.1% | 2.5% |
| Dollars charged off | $9.8M | $327M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 57 | 26 | 2 | 3.5% | 2.8% |
| FY2020 | 37 | 24 | 0 | 0.0% | 4.0% |
| FY2019 | 61 | 49 | 2 | 3.3% | 6.7% |
| FY2018 | 42 | 33 | 0 | 0.0% | 7.9% |
| FY2017 | 60 | 46 | 4 | 6.7% | 7.7% |
| FY2016 | 54 | 49 | 2 | 3.7% | 7.2% |
| FY2015 | 114 | 97 | 8 | 7.0% | 6.9% |
| FY2014 | 88 | 79 | 5 | 5.7% | 6.4% |
| FY2013 | 95 | 84 | 6 | 6.3% | 6.0% |
| FY2012 | 56 | 48 | 6 | 10.7% | 6.3% |
| FY2011 | 1 | 1 | 0 | — | 6.9% |
| FY2010 | 2 | 1 | 1 | — | 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 | $431K | $190K |
| Average approval | $682K | $518K |
| Approvals of $150,000 or less | 13.2% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 29.7% | 34.3% |
| Approvals to franchise businesses | 23.7% | 11.5% |
| Jobs supported per approval, as reported | 24.2 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 5.4% | 6.6% |
States served
| # | State of the business (13 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Illinois | 186 | $123M | 84.9% | |
| 2 | Indiana | 6 | $6.0M | 2.7% | |
| 3 | Texas | 5 | $1.5M | 2.3% | |
| 4 | California | 4 | $3.2M | 1.8% | |
| 5 | Wisconsin | 4 | $2.5M | 1.8% | |
| 6 | Missouri | 3 | $3.7M | 1.4% | |
| 7 | Tennessee | 3 | $1.2M | 1.4% | |
| 8 | Pennsylvania | 2 | — | 0.9% | |
| 9 | Georgia | 2 | — | 0.9% | |
| 10 | District of Columbia | 1 | — | 0.5% | |
| 11 | Colorado | 1 | — | 0.5% | |
| 12 | Florida | 1 | — | 0.5% |
In Illinois the lender accounts for 1.7% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (32 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Cook County, IL | 105 | $64.7M | 47.9% | |
| 2 | DuPage County, IL | 30 | $18.1M | 13.7% | |
| 3 | Kane County, IL | 16 | $10.9M | 7.3% | |
| 4 | Lake County, IL | 12 | $12.4M | 5.5% | |
| 5 | Will County, IL | 8 | $6.8M | 3.7% | |
| 6 | McHenry County, IL | 8 | $4.9M | 3.7% | |
| 7 | Winnebago County, IL | 4 | $3.9M | 1.8% | |
| 8 | St. Louis County, MO | 3 | $3.7M | 1.4% | |
| 9 | Milwaukee County, WI | 3 | $1.0M | 1.4% | |
| 10 | Fort Bend County, TX | 3 | $729K | 1.4% | |
| 11 | LaPorte County, IN | 2 | — | 0.9% | |
| 12 | Washington County, PA | 2 | — | 0.9% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 46 | 21.0% | |
| 2 | Construction | 29 | 13.2% | |
| 3 | Health Care and Social Assistance | 24 | 11.0% | |
| 4 | Administrative and Support and Waste Management and Remediation Services | 20 | 9.1% | |
| 5 | Retail Trade | 19 | 8.7% | |
| 6 | Other Services (except Public Administration) | 19 | 8.7% | |
| 7 | Transportation and Warehousing | 16 | 7.3% | |
| 8 | Manufacturing | 10 | 4.6% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 44 | 20.1% | |
| 2 | General Freight TruckingNAICS 4841 | 14 | 6.4% | |
| 3 | Services to Buildings and DwellingsNAICS 5617 | 12 | 5.5% | |
| 4 | Other Specialty Trade ContractorsNAICS 2389 | 8 | 3.7% | |
| 5 | Automotive Repair and MaintenanceNAICS 8111 | 7 | 3.2% | |
| 6 | Offices of PhysiciansNAICS 6211 | 7 | 3.2% | |
| 7 | Offices of DentistsNAICS 6212 | 6 | 2.7% | |
| 8 | Nonresidential Building ConstructionNAICS 2362 | 6 | 2.7% | |
| 9 | Other Personal ServicesNAICS 8129 | 6 | 2.7% | |
| 10 | Specialty Food StoresNAICS 4452 | 5 | 2.3% |
Approval sizes
- $50,000 or less3.7%8
- $50,001 to $150,0009.6%21
- $150,001 to $350,00029.7%65
- $350,001 to $1 million40.6%89
- $1 million to $2 million10.0%22
- Over $2 million6.4%14
Loan terms
- 5 years or less4.6%10
- Over 5 to 10 years74.9%164
- Over 10 to 20 years12.3%27
- Over 20 years8.2%18
Age of the businesses
- Existing, more than 2 years old59.8%131
- New business, 2 years or less19.6%43
- Startup, loan funds will open the business10.0%22
- Change of ownership10.5%23
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | SBA Express Program | 118 | 53.9% | |
| 2 | Preferred Lenders Program | 93 | 42.5% | |
| 3 | Working Capital CAPLine | 7 | 3.2% | |
| 4 | 7(a) WCP | 1 | 0.5% |
Franchise share
52 of 219 approvals in FY2021–FY2025 (23.7%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Ben & Jerry's | 5 | 2.3% | |
| 2 | Burger King | 4 | 1.8% | |
| 3 | The UPS Store | 3 | 1.4% | |
| 4 | Altitude Trampoline Park | 2 | 0.9% | |
| 5 | Ace Hardware | 2 | 0.9% | |
| 6 | Griswold Home Care | 2 | 0.9% | |
| 7 | Restore Hyper Wellness | 2 | 0.9% | |
| 8 | Domino's Pizza | 2 | 0.9% |
Questions and answers
How many SBA loans does Village Bank and Trust, National Association make?
SBA approved 45 7(a) loans through Village Bank and Trust, National Association in FY2025, worth $27.3M, and 219 over FY2021 to FY2025. That ranks 173rd of 2,184 active 7(a) lenders by number of approvals.
How large are Village Bank and Trust, National Association's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $431K and the average $682K. The program-wide median was $190K.
What is Village Bank and Trust, National Association's charge-off rate?
Of 667 disbursed loans approved in FY2010 to FY2021, SBA records 36 as charged off (5.4%), 537 as paid in full and 94 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below 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 Village Bank and Trust, National Association lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (44); general freight trucking (14); services to buildings and dwellings (12); other specialty trade contractors (8).
Where does Village Bank and Trust, National Association make SBA loans?
In 13 states and territories. Illinois 186, Indiana 6, Texas 5, California 4, Wisconsin 4. In Illinois it accounts for 1.7% of all 7(a) approvals.
Is Village Bank and Trust, National Association's SBA lending rising?
Approvals in the three latest complete fiscal years total 125, against 133 in the three before: broadly level (-6%).
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