Find the best SBA Rates for your industry by searching our SBA Lender Directory
SBARates.com is a data-driven SBA lending intelligence platform. The site provides industry-specific lending insights, lender analytics, approval trends, and average SBA 7(a) loan rates to help entrepreneurs research SBA lenders and prepare for funding.
First Mid Bank & Trust, National Association (IL)
First Mid Bank & Trust offers commercial & personal banking, insurance, & wealth management services throughout Illinois, Missouri, Texas & Wisconsin.
Unlock Your Financial Potential with First Mid Bank & Trust (IL)
First Mid Bank & Trust, headquartered in Mattoon, Illinois, is a full-service financial institution and a proud SBA Preferred Lender dedicated to supporting small and mid-sized businesses. With more than 150 years of service and a strong Midwestern presence, the bank combines personalized local expertise with national SBA lending capabilities to help entrepreneurs access the capital they need to grow.
Key Features of First Mid Bank & Trust
- Comprehensive Business Banking: Business checking and savings accounts, merchant services, treasury management, and digital banking tools that streamline day-to-day operations.
- SBA Loan Expertise: As an SBA Preferred Lender, First Mid offers expedited processing for SBA 7(a), 504, and SBA Express loans — providing flexible funding for working capital, equipment, business acquisition, or commercial real estate.
- Regional Lending Strength: With locations throughout Illinois, Missouri, and Texas, First Mid serves a wide range of industries including healthcare, manufacturing, professional services, and retail.
- Relationship-Based Approach: Lending decisions are made locally by experienced bankers who understand the needs and opportunities of the communities they serve.
- Commitment to Community Growth: The bank actively invests in regional development, job creation, and small business success through responsible lending and local partnerships.
Why Choose First Mid Bank & Trust for SBA Loans?
First Mid Bank & Trust offers the perfect blend of community focus and SBA lending expertise. Its experienced team provides step-by-step guidance throughout the loan process — ensuring fast approvals, transparent communication, and flexible solutions. Whether you’re expanding your business, purchasing real estate, or investing in equipment, First Mid delivers the financing and partnership to make your growth goals achievable.
How to Get Started
Ready to grow your business with an SBA loan or other financing solution? Visit the First Mid Bank & Trust SBA Lending page to explore available programs, review eligibility, and connect with an SBA lending expert.
Empower your financial future today with First Mid Bank & Trust — where Illinois businesses grow with confidence.