Windsor Advantage's Q&A Corner

WINDSOR ADVANTAGE’S Q&A CORNER

Notes of Interest

By Connor Mulvey, Vice President–Business Development

A rising interest rate environment post-PPP will make us create a more focused effort in growing our SBA program. How can we collect data to help us be more strategic in our program?

The Windsor Advantage SBA Atlas gives lenders, and others in the SBA industry, the ability to analyze historical SBA loan data and filter this data by fiscal year and geographic area. Before the SBA Atlas, the only way to access this data was through a cumbersome and disorganized Excel file, requiring significant effort to obtain meaningful insights.

The SBA Atlas makes this data easily accessible through an online portal, taking the headache out of analyzing the data to make SBA lenders more successful. Lenders everywhere can make better decisions about their SBA lending strategy with SBA loan data now at their fingertips.

There are two different versions of the SBA Atlas. The first is a Standard Version available to anyone who creates an account, and the second is a Premium Version reserved only for customers and referral partners.

You can build your own customized SBA Loan data dashboards, empowering you to develop a better SBA Lending strategy. The SBA Atlas allows you to filter by location and fiscal year to analyze industry trends and understand your local competition. The world of SBA lending is now at your fingertips. Start exploring today. This program is accessible to the industry for free.

What were the top 10 industries financed by SBA loans in 2021?

Hotels (except Casino Hotels) and Motels 34 $ 79,954,200

Gasoline Stations with Convenience Stores 52 $ 61,272,600

Full-Service Restaurants 73 $ 38,416,900

Limited-Service Restaurants 79 $ 37,464,600

General Freight Trucking, Long Distance, Truckload 83 $ 35,786,800

Beer, Wine, and Liquor Stores 33 $ 31,328,600

Supermarkets and Other Grocery (except Convenience) Stores 19 $ 20,769,600

All Other Specialty Trade Contractors 29 $ 20,549,100

Landscaping Services 30 $ 19,363,200

Offices of Dentists 30 $17,994,300

Who were the top SBA Lenders in Illinois in 2021?

Byline Bank IL 113 $ 128,788,000

The Huntington National Bank OH 355 $ 77,292,300

LendingClub Bank, National Association UT 28 $ 68,880,300

Live Oak Banking Company NC 41 $ 60,132,600

Millennium Bank IL 26 $ 50,199,300

Village Bank and Trust, National Association IL 60 $ 42,075,600

Merchants Bank of Indiana IN 29 $ 37,383,400

First American Bank IL 32 $ 27,888,600

Harvest Small Business Finance, LLC CA 34 $ 27,819,200

Busey Bank IL 21 $ 27,116,700

Windsor Advantage, LLC is the nation’s largest Government Guaranteed SBA and USDA Lender Service provider, based in Chicago with offices in Indianapolis IN, and Charleston, SC. Windsor manages over $1.8 billion in SBA and USDA servicing assets. IBA Preferred Vendor

For more information, please contact: Connor Mulvey Vice President–Business Development Windsor Advantage, LLC 444 N Wells St., Suite 201 Chicago, IL 60654 P:312-585-6596 | C:708.408.1820

SBA Atlas www.windsoradvantage.com/sba-atlas

The premium version of the SBA Atlas allows you to dive deeper into the world of SBA Lending. With even more data, such as charge-offs and interest rates, the SBA Atlas is the ultimate tool for building a better SBA Lending strategy. Drill down even further using countyspecific targeting to understand your region’s hyper-local trends and industry benchmarks. The world of SBA lending is now at your fingertips. Start exploring today. For more information on the Premium Version, email Connor Mulvey at cmulvey@windsoradvantage.com