Peoples National Bank National Association: SBA loans in this registry

About this lender

Type

Bank

Headquarters

Mcleansboro, IL

FDIC certificate number

3809

Total assets

$2.1 billion (as of June 30, 2026)

Established

1909

Offices

24

Website

www.peoplesnationalbank.com

Acquisition loans (7(a))

5 loans, $12.5M total, $2.5M average

Expansion loans (504, SBA portion)

1 loan, $1.6M total, $1.6M average

Approval dates

Oct 24, 2023 to May 29, 2026

Typical term (median)

acquisition loans: 10 years; expansion loans: 25 years

Initial interest rate (7(a))

7.25% to 8.25%, median 8.00%

Rate type (7(a))

100% variable, 0% fixed

Top industries

• Architectural Services: 1 loan
• Floor Covering Retailers: 1 loan
• Insurance Agencies and Brokerages: 1 loan
• Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance: 1 loan
• Recyclable Material Merchant Wholesalers: 1 loan

Top states

• Illinois: 3 loans
• Missouri: 3 loans

Largest deals

• Tedrick Insurance Agency, Inc., Mount Vernon, IL: $5,000,000 (7(a) acquisition, Jan 21, 2026)
• Baysinger Architects, Pllc, Marion, IL: $3,430,000 (7(a) acquisition, May 29, 2026)
• Dehart Recycling Equipment, Hazelwood, MO: $2,000,000 (7(a) acquisition, Dec 23, 2024)
• SO IL Tile & Carpet Supply, Inc., Mount Vernon, IL: $1,575,000 (7(a) acquisition, Feb 20, 2026)
• Detail Driven Carwash, Wentzville, MO: $1,563,000 (504 SBA portion, Oct 24, 2023)

Lender details come from the SBA loan files and the FDIC BankFind service. Counts cover loans on this site only.

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