Small Business Administration – SBA Loans

Due to the impact of COVID-19, Illinois businesses and non-profits are eligible to apply for financial assistance via the SBA Economic Injury Disaster Loan (EIDL) program.​ Learn more about this available assistance and how our commercial lenders can help.

To learn more about the Paycheck Protection Program (PPP) through the CARES Act, listen to our recorded webinar. We also have put together a Borrower Checklist and FAQ document on PPP loans.

SBA, The Bloom Room

Do you have a dream of starting your own business, or expanding a business?

First Mid can help! Our lending staff has developed expertise in helping our commercial customers obtain financing through the SBA. What is more, First Mid is an Express Lender and Certified Lender with the SBA and we have been recognized by the Illinois SBA for our continued commitment to Small Business. Because of our in-depth knowledge and experience, we can help expedite the application process and answer any questions you may have. And with an SBA loan, you can obtain funds to be used for a variety of needs:

  • Building acquisition, construction or remodeling
  • Business expansion, acquisition or refinancing
  • Business start-ups
  • Equipment or machinery purchases
  • Inventory purchases
  • Working capital

Talk with us about the flexible terms of SBA loans.

Watch these testimonial videos to see how our SBA loans have helped our customers achieve their dreams:

SBA Loan Video Customer Testimonial – MetroEast Motorsports

SBA Loan Customer Video Testimonial – The Bloom Room

SBA Loan Customer Video Testimonial – Huff Home Specialties

SBA Loan Video Customer Testimonial – HomeSpec Corp.


Read our SBA loan blog article for more stories from our customers.

Please Contact Us for more information.

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