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SBA Loans in Morrison, IL
7(a) and 504 loans approved, fiscal years 2023 to 2026
- Loans approved
- 6
- Amount approved
- $3.1M
- Jobs supported
- 47
- As reported by borrowers
Counts and dollar amounts are SBA 7(a) and 504 loans approved in each federal fiscal year (October to September), from SBA's FOIA loan data. Loans are placed by the project county and the borrower's city. Borrower names are not shown. Jobs supported are the jobs borrowers reported when they applied.
Loans by fiscal year
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| Year | Loans | Amount | Average | 7(a) | 504 |
|---|---|---|---|---|---|
| FY2026 (through 06/30/2026) | 1 | $669K | $668,900 | 1 | 0 |
| FY2025 | 2 | $1.3M | $642,650 | 2 | 0 |
| FY2023 | 3 | $1.2M | $386,333 | 3 | 0 |
Top industries
All years shown, by amount
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| Industry | Loans | Amount |
|---|---|---|
| Full-Service Restaurants | 3 | $2.1M |
| Child Care Services | 1 | $669K |
| Beef Cattle Ranching and Farming | 2 | $300K |
Top lenders
7(a) lenders and 504 certified development companies, by amount
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| Lender | Loans | Amount |
|---|---|---|
| The Huntington National Bank | 3 | $2.1M |
| Community State Bank of Rock Falls | 1 | $669K |
| BayFirst National Bank | 2 | $300K |
Source: U.S. Small Business Administration, 7(a) and 504 FOIA loan data · Last updated 06/30/2026
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