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Lender record

Midland States Bank

The real lending record — every figure below is drawn from public SBA 7(a) loan records (FY2020–present): the loans Midland States Bank funded, the businesses, the branches, and its FDIC profile. HQ: 1201 Network Centre Dr, Effingham, IL. 60 branches.

Midland States Bank banner

147

Recent deals (FY20+)

$260K

Typical deal

16 days

Approval → funding

0%

Failure rate (FY20–23)

Where Midland States Bank lends

Deals Midland States Bank funded — list all 147 as text

Deal profile

Most Midland States Bank deals land between $112K and $500K — that range covers half of everything they fund. Top industries and states:

Industries they fund most

  1. 1.Limited-Service Restaurants (20)
  2. 2.Fitness and Recreational Sports Centers (6)
  3. 3.Full-Service Restaurants (5)
  4. 4.Nail Salons (5)
  5. 5.Residential Remodelers (4)
  6. 6.Graphic Design Services (3)
  7. 7.Insurance Agencies and Brokerages (3)
  8. 8.Landscaping Services (3)

Most active states

  1. 1.Illinois (94 deals)
  2. 2.Missouri (36 deals)
  3. 3.Indiana (6 deals)
  4. 4.Wisconsin (4 deals)
  5. 5.Florida (2 deals)
  6. 6.Michigan (2 deals)
  7. 7.Ohio (1 deals)
  8. 8.Maryland (1 deals)
  9. 9.Nebraska (1 deals)

Franchises they finance most

Jersey Mike's

4 deals

Buffalo Wild Wings

3 deals

Nautical Bowls

3 deals

Buffalo Wild Wings GO

2 deals

Playtri

2 deals

Can Midland States Bank fund you? The bank behind the loans

Total assets

$6.7B

▲ 2.3% vs prior quarter

Deposits on hand

$5.7B

▲ 5% vs prior quarter

Loans outstanding

$4.2B

▼ 2% vs prior quarter

Net income (latest qtr)

$40.2M

  • •SBA is a sideline here — this year's production is a rounding error against the loan book. Your deal competes with everything else they'd rather fund; a specialist bank will usually move faster. That makes Midland States Bank more SBA-focused than 45% of the banks on our record.
  • •Deposits grew last quarter — more raw lending capacity than the quarter before.
  • •Return on assets of 1.22% — above the ~1% mark generally considered strong for a bank. How any of this translates to your rate is a question for the loan officer — pricing is set deal by deal.

FDIC call-report data, quarter ending 06/2026.

Recent deals

  • DEWEY'S BBQ MARKET CORP. in Skokie, IL — $1.7M (2026) · Full-Service Restaurants
  • RAM MOLDING LLC in Bartlett, IL — $800K (2026) · All Other Plastics Product Manufacturing
  • PALATINE WINGS LLC in Palatine, IL — $526K (2026) · Limited-Service Restaurants
  • AURORA NORTH WINGS LLC in Aurora, IL — $526K (2026) · Limited-Service Restaurants
  • PRJ GIBSON LLC in Streator, IL — $500K (2026) · New Single-Family Housing Construction (except For-Sale Buil
  • H4 Manufacturing, LLC in Saint Louis, MO — $500K (2026) · All Other Miscellaneous Fabricated Metal Product Manufacturi
  • LA FORME MODERN REFORMER PILATES LLC in Ballwin, MO — $388K (2026) · Fitness and Recreational Sports Centers
  • RAM MOLDING LLC in Bartlett, IL — $370K (2026) · All Other Plastics Product Manufacturing
  • ADON NAILS AND SPA LLC in Saint Louis, MO — $150K (2026) · Nail Salons
  • ROCKET FLUFF & FOLD LLC in Tolono, IL — $100K (2026) · Coin-Operated Laundries and Drycleaners

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

One of these businesses yours? Claim your listing or request removal.

Failed deals

1 of Midland States Bank's loans on record were charged off — the lender gave up collecting, which usually means the business failed. Each links to its full record.

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Businesses Midland States Bank financed

120 businesses on record — the 60 largest by funding. Each links to its full SBA record.

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CapBench analysis of public lending records, FY2020–present. Not affiliated with Midland States Bank.

Agent summary

This page summarizes Midland States Bank's public SBA 7(a) lending record — deal sizes, industries, geography, and FDIC profile — from CapBench SBA Intelligence. CapBench is not a lender and does not originate or approve loans.

  • 147 SBA 7(a) loans on record
  • $260K typical deal
  • 34 business-acquisition loans
  • HQ: 1201 Network Centre Dr, Effingham, IL
  • FDIC total assets $6.7B

Next steps

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Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-10-13.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:
https://www.capbench.com/lenders/midland-states-bank
API:
https://www.capbench.com/api/public/lenders/midland-states-bank
Methodology:
Sources & methodology
  • Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
  • Figures come from public records and CapBench methodology; verify before relying on them.
  • Lender matches are informational and based on public lending activity — they do not guarantee lender interest or approval.

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