Centrue Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Centrue Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722410 | Drinking Places (Alcoholic Beverages) | 4 | $307K | $77K | 5.3% |
| 212321 | Construction Sand and Gravel Mining | 2 | $155K | $78K | 2.7% |
| 441110 | New Car Dealers | 1 | $305K | $305K | 1.3% |
| 221310 | Water Supply and Irrigation Systems | 1 | $100K | $100K | 1.3% |
| 332321 | Metal Window and Door Manufacturing | 1 | $26K | $26K | 1.3% |
| 713950 | Bowling Centers | 1 | $75K | $75K | 1.3% |
| 337110 | Wood Kitchen Cabinet and Countertop Manufacturing | 1 | $75K | $75K | 1.3% |
| 323117 | Books Printing | 1 | $50K | $50K | 1.3% |
| 561740 | Carpet and Upholstery Cleaning Services | 1 | $100K | $100K | 1.3% |
| 811111 | General Automotive Repair | 1 | $71K | $71K | 1.3% |
Geographic Distribution
SBA lending activity for Centrue Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Illinois (IL) | 75 | $9.6M | 100.0% |
Why Choose Centrue Bank?
Based on SBA 7(a) lending track record from 1992-2000
- ✓Proven Track Record: 75 SBA loans approved, totaling $9.6M in financing
- ✓Industry Expertise: Specialized focus on Drinking Places (Alcoholic Beverages), Construction Sand and Gravel Mining, New Car Dealers
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 131 months
- ✓Loan Range: Loan sizes from $12K to $1.1M, with an average of $128K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in IL
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 Centrue Bank SBA lending
What types of businesses does Centrue Bank typically finance?
Centrue Bank specializes in SBA 7(a) lending to specific industries including drinking places (alcoholic beverages), construction sand and gravel mining, new car dealers, water supply and irrigation systems. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Centrue Bank's typical SBA loan terms?
Centrue Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 131 months (approximately 11 years). Loan sizes range from $12K to $1.1M, with an average loan size of $128K.
Do I need a business valuation for a Centrue Bank SBA loan?
Yes, Centrue Bank 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 Centrue Bank compare to other SBA lenders?
Centrue Bank has originated 75 SBA loans totaling $9.6M since 1992. 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 Centrue Bank lend in?
Centrue Bank provides SBA 7(a) financing with particularly strong presence in IL. 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.
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