Midland States Bank
18 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.
- Acquisitions financed
- 18
- Total approved
- $12.0M
- Median loan
- $213K
- Middle half of loans
- $134K to $353K
- Median starting rate
- 10.12%
- Median term
- 10 yrs
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Where the approvals cluster
The SBA file shows approvals across 13 industries and 3 states and territories. The largest industry by count was Precision Turned Product Manufacturing (2 of 18 approvals). Illinois had the highest count among recorded project locations (13).
The median approved loan was $213K versus $707K across the index for FY2024–FY2026. This profile is based on a small sample. Differences can reflect which industries, markets and deal sizes the lender serves.
Industries by approval count
| # | Industry | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Precision Turned Product Manufacturing | 2 | 11% | $2.3M | $4.5M |
| 2 | Hotels (except Casino Hotels) and Motels | 2 | 11% | $352K | $705K |
| 3 | Fitness and Recreational Sports Centers | 2 | 11% | $137K | $274K |
| 4 | Offices of Chiropractors | 2 | 11% | $79K | $157K |
| 5 | Architectural Services | 2 | 11% | $60K | $120K |
| 6 | Machine Shops | 1 | 6% | $4.5M | $4.5M |
| 7 | All Other Miscellaneous Wood Product Manufacturing | 1 | 6% | $382K | $382K |
| 8 | Limited-Service Restaurants | 1 | 6% | $314K | $314K |
| 9 | Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers | 1 | 6% | $248K | $248K |
| 10 | Water Supply and Irrigation Systems | 1 | 6% | $225K | $225K |
| 11 | Insurance Agencies and Brokerages | 1 | 6% | $202K | $202K |
| 12 | Plumbing, Heating, and Air-Conditioning Contractors | 1 | 6% | $200K | $200K |
| 13 | Baked Goods Retailers | 1 | 6% | $140K | $140K |
Project locations
| # | State | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Illinois | 13 | 72% | $248K | $11.0M |
| 2 | Missouri | 4 | 22% | $125K | $692K |
| 3 | Florida | 1 | 6% | $225K | $225K |