Bank of Belleville
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Bank of Belleville
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722515 | Snack and Nonalcoholic Beverage Bars | 40 | $9.8M | $244K | 11.1% |
| 722511 | Full-Service Restaurants | 32 | $23.6M | $736K | 8.9% |
| 722513 | Limited-Service Restaurants | 32 | $8.8M | $275K | 8.9% |
| 445110 | Supermarkets and Other Grocery (except Convenience) Stores | 16 | $18.0M | $1.1M | 4.4% |
| 812310 | Coin-Operated Laundries and Drycleaners | 16 | $4.8M | $298K | 4.4% |
| 424490 | Other Grocery and Related Products Merchant Wholesalers | 16 | $22.4M | $1.4M | 4.4% |
| 713940 | Fitness and Recreational Sports Centers | 16 | $5.0M | $313K | 4.4% |
| 459140 | Other | 16 | $4.9M | $308K | 4.4% |
| 238330 | Flooring Contractors | 16 | $4.3M | $268K | 4.4% |
| 722330 | Mobile Food Services | 8 | $2.5M | $318K | 2.2% |
Geographic Distribution
SBA lending activity for Bank of Belleville by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Illinois (IL) | 296 | $139.4M | 82.2% |
| Michigan (MI) | 8 | $13.9M | 2.2% |
| Missouri (MO) | 40 | $11.0M | 11.1% |
| Kansas (KS) | 8 | $4.0M | 2.2% |
| Tennessee (TN) | 8 | $2.5M | 2.2% |
Why Choose Bank of Belleville?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 360 SBA loans approved, totaling $170.7M in financing
- ✓Industry Expertise: Specialized focus on Snack and Nonalcoholic Beverage Bars, Full-Service Restaurants, Limited-Service Restaurants
- ✓Competitive Terms: Average interest rate of 6.55% with flexible term lengths averaging 184 months
- ✓Loan Range: Loan sizes from $50K to $2.3M, with an average of $474K
- ✓Nationwide Reach: Active lending in 5 states, with strong presence in IL, MO, TN
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Bank of Belleville SBA lending
What types of businesses does Bank of Belleville typically finance?
Bank of Belleville specializes in SBA 7(a) lending to specific industries including snack and nonalcoholic beverage bars, full-service restaurants, limited-service restaurants, supermarkets and other grocery (except convenience) stores. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Bank of Belleville's typical SBA loan terms?
Bank of Belleville's SBA 7(a) loans typically feature an average interest rate of 6.55% and average term length of 184 months (approximately 15 years). Loan sizes range from $50K to $2.3M, with an average loan size of $474K.
Do I need a business valuation for a Bank of Belleville SBA loan?
Yes, Bank of Belleville typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Bank of Belleville compare to other SBA lenders?
Bank of Belleville has originated 360 SBA loans totaling $170.7M since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Bank of Belleville lend in?
Bank of Belleville provides SBA 7(a) financing with particularly strong presence in IL, MO, TN, MI, KS. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
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