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First American Bank

Elk Grove Village, IL 60007

⭐ SBA Preferred Lender
196
Loans Approved
$165.1M
Total Volume
$842K
Avg Loan Size
10
States Served

States Served

ArizonaFloridaIllinoisIndianaMichiganMissouriNew YorkOhioTexasWisconsin

Top Industries Financed

  • General Line Grocery Merchant Wholesalers
  • Highway, Street, and Bridge Construction
  • Electrical Contractors
  • Sign Manufacturing
  • Offices of Physicians (except Mental Health Specialists)

About First American Bank

First American Bank is an SBA-approved lender headquartered in Elk Grove Village, Illinois. Since 2020, they have approved 196 SBA 7(a) loans totaling $165.1M, with an average loan size of $842K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 10 states.

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