Farmers State Bank of Alto Pass, Illinois: SBA loans in this registry
4companies
4loans
$11.7Mtotal approved
$2.9Maverage loan
About this lender
- Type
- Bank
- Headquarters
- Alto Pass, IL
- FDIC certificate number
- 11299
- Total assets
- $342.4 million (as of June 30, 2026)
- Established
- 1910
- Offices
- 5
- Website
- www.myfsb.com
- Acquisition loans (7(a))
- 4 loans, $11.7M total, $2.9M average
- Approval dates
- Jan 6, 2024 to Sep 22, 2026
- Typical term (median)
- acquisition loans: 25 years
- Initial interest rate (7(a))
- 8.75% to 10%, median 9.25%
- Rate type (7(a))
- 100% variable, 0% fixed
Top industries
- Hotels (except Casino Hotels) and Motels: 3 loans
- General Freight Trucking, Long-Distance, Truckload: 1 loan
Top states
Largest deals
- Kings Bay Coastal Hotel Management, LLC, Kingsland, GA: $4,995,000 (7(a) acquisition, Jan 6, 2024)
- Spark By Hilton Grain Valley Kansas City, Grain Valley, MO: $3,324,000 (7(a) acquisition, Jan 24, 2025)
- Days Inn By Wyndham Paducah, Paducah, KY: $2,500,000 (7(a) acquisition, Jan 22, 2025)
- Monarch Tg Inc., Port Charlotte, FL: $900,000 (7(a) acquisition, Sep 22, 2026)
Lender details come from the SBA loan files and the FDIC BankFind service. Counts cover loans on this site only.
Companies
Use search to find others.
| Company | Location | Industry | Type | Latest approval | Approved |
|---|---|---|---|---|---|
| Monarch Tg Inc. | Port Charlotte, FL | General Freight Trucking, Long-Distance, Truckload | Acquisition | Sep 22, 2026 | $900K |
| Spark By Hilton Grain Valley Kansas City | Grain Valley, MO | Hotels (except Casino Hotels) and Motels | Acquisition | Jan 24, 2025 | $3.3M |
| Days Inn By Wyndham Paducah | Paducah, KY | Hotels (except Casino Hotels) and Motels | Acquisition | Jan 22, 2025 | $2.5M |
| Kings Bay Coastal Hotel Management, LLC | Kingsland, GA | Hotels (except Casino Hotels) and Motels | Acquisition | Jan 6, 2024 | $5.0M |