Union National Bank
Headquartered in ELGIN, IL. Analysis based on 95 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $33.2M.
Total 7(a) loans
95
Total approved
$33.2M
Average loan
$349K
States funded in
3
Charge-off rate
0.00%
FY2020–FY2023 cohort
Paid-in-full rate
10.77%
Average rate
5.69%
Average term
180 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 541380 | Testing Laboratories | 4 |
| 238210 | Electrical Contractors | 3 |
| 454390 | Other Direct Selling Establishments | 3 |
| 484121 | General Freight Trucking, Long Distance, Truckload | 3 |
| 484220 | Specialized Freight (except Used Goods) Trucking, Local | 3 |
| 811490 | Other Personal and Household Goods Repair and Maintenance | 3 |
| 339950 | Sign Manufacturing | 3 |
| 541620 | Environmental Consulting Services | 2 |
| 541940 | Veterinary Services | 2 |
| 236220 | Commercial and Institutional Building Construction | 2 |
Top 10 states
| State | Loans |
|---|---|
| IL | 92 |
| CA | 2 |
| IN | 1 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.