Unverified listing What this means

The Lender Report built this page from public records. Farmers State Bank of Alto Pass, Ill. has not reviewed it. Every lender's page starts this way, and it says nothing about Farmers State Bank of Alto Pass, Ill. itself. Each figure shows its source and date. Work at Farmers State Bank of Alto Pass, Ill.? You can claim this page for free.

SBA 7(a) record

Farmers State Bank of Alto Pass, Ill.: SBA 7(a) loans made

Farmers State Bank of Alto Pass, Ill., a bank based in Alto Pass, IL, made 10 SBA 7(a) loans in the 36 months ending September 30, 2026, $29.9M in all, net of cancelled approvals. The typical loan was about $3.3M, and 3 were in the last 12 months. Most were in Florida.

Evidence
SBA 7(a) loans in the 36 months ending September 30, 2026, SBA
Data as of
SBA, September 30, 2026
Page last changed
November 9, 2026
Loans, 36 months
10
SBA FOIA,
Net of cancelled approvals
Dollars
$29.9M
SBA FOIA,
Rounded amounts
Typical loan
$3.3M
SBA FOIA,
Largest loan
$5M
SBA FOIA,
Rounded to 2 significant figures
Last 12 months
3
SBA FOIA,

Cite this

Source: The Lender Report, Farmers State Bank of Alto Pass, Ill.: SBA 7(a) loans made, https://lender.report/lender/farmers-state-bank-of-alto-pass-ill-il/sba-7a/, data as of September 30, 2026.

Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.

Farmers State Bank of Alto Pass, Ill.Newest first
PeriodPlaceLoanAmountRateTermLTVSource
Sep 2026FloridaSBA 7(a), Couriers and Express Delivery Services$1.7M8.75%10 yrSBA FOIA
Sep 2026FloridaSBA 7(a), General Freight Trucking, Long-Distance, Truckload$900K8.75%10 yrSBA FOIA
Aug 2026TennesseeSBA 7(a), Hotels (except Casino Hotels) and Motels$5M8.5%25 yrSBA FOIA
Sep 2025OhioSBA 7(a), Hotels (except Casino Hotels) and Motels$5M8.5%25 yrSBA FOIA
Mar 2025TennesseeSBA 7(a), Hotels (except Casino Hotels) and Motels$3.6M8%25 yrSBA FOIA
Jan 2025MissouriSBA 7(a), Hotels (except Casino Hotels) and Motels$3.3M9.5%26 yrSBA FOIA
Jan 2025KentuckySBA 7(a), Hotels (except Casino Hotels) and Motels$2.5M9%25 yrSBA FOIA
Jan 2025KentuckySBA 7(a), Hotels (except Casino Hotels) and Motels$750K9%25 yrSBA FOIA
May 2024IdahoSBA 7(a), Hotels (except Casino Hotels) and Motels$2.2M9.5%25 yrSBA FOIA
Jan 2024GeorgiaSBA 7(a), Hotels (except Casino Hotels) and Motels$5M10%25 yrSBA FOIA
10 SBA 7(a) loans since October 2023, net of cancelled$29.9MSBA FOIA

A blank means the source did not report it.

Where Farmers State Bank of Alto Pass, Ill.'s SBA 7(a) loans were made, most loans first
StateLoansDollars
Florida2$2.60M
Kentucky2$3.25M
Tennessee2$8.60M
Georgia1$5.00M
Idaho1$2.20M
Missouri1$3.30M
Ohio1$5.00M
SBA FOIA,

SBA loans are on record by state only.

Farmers State Bank of Alto Pass, Ill.: SBA 7(a) loans by size
Loan sizeLoansDollars
Under $150K0$0
$150K to $350K0$0
$350K to $1M2$1.65M
$1M to $2.5M2$3.90M
$2.5M or more6$24.4M
SBA FOIA,
Farmers State Bank of Alto Pass, Ill.: SBA 7(a) loans by quarter
QuarterLoansDollars
2024 Q11$5.00M
2024 Q21$2.20M
2025 Q14$10.2M
2025 Q31$5.00M
2026 Q33$7.60M
SBA FOIA,

Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.

Kinds of business Farmers State Bank of Alto Pass, Ill. lent to, most loans first
Industry (NAICS)Loans
Hotels (except Casino Hotels) and Motels (721110)8
Couriers and Express Delivery Services (492110)1
General Freight Trucking, Long-Distance, Truckload (484121)1
SBA FOIA,

A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.

How the SBA processed the loans
Processing methodLoans
Preferred Lenders Program9
7a General1
SBA FOIA,
  • Farmers State Bank of Alto Pass, Ill. made 10 SBA 7(a) loans totaling $29.9M in the 36 months ending September 30, 2026, net of cancelled approvals, in 7 states. SBA FOIA,
  • 3 of them were in the 12 months to September 30, 2026, and 5 in the 12 months before. SBA FOIA,
  • The typical loan was about $3.3M, with the middle half between $1.7M and $5M. SBA FOIA,
  • The largest was about $5M. Every amount is rounded to 2 significant figures. SBA FOIA,
  • 0 loans were under $150K, and 8 were $1M or more. SBA FOIA,
  • The SBA file shows a median initial rate of 9.00% on 10 loans, with the middle half between 8.50% and 9.50%. SBA FOIA,
  • The median term was 25 years. SBA FOIA,
  • Its loans went most often to Hotels (except Casino Hotels) and Motels, with 8. SBA FOIA,
  • The SBA file lists 9 of its loans as processed under Preferred Lenders Program. SBA FOIA,
  • Its loans were most often in Florida (2), Kentucky (2) and Tennessee (2). SBA FOIA,

What we don't know

  • Whether Farmers State Bank of Alto Pass, Ill. is taking new SBA 7(a) loans today, or how it would treat a business like yours.
  • Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
  • The borrower, the address and every term beyond rate and term. The public file does not show them.

SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.

Loans are SBA approvals, net of cancelled approvals.

SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.

Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem

Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.