Trust the experts
We can expedite access to various loans and lines of credit that can help take your business to the next level.
Because you have big plans for your company
At First American Bank, your business is a big deal, no matter its size. We're a U.S. Small Business Administration Preferred Lender (PLP), meaning we can expedite access to various loans and lines of credit that can help take your business to the next level. We're ready to assist you and your small business, whether you're in Illinois, Wisconsin or Florida.
SBA 7(a) Upfront Fees effective October 1, 2023 through September 30, 2024
For SBA 7(a) loans, including SBA Express and SBA Export Express loans, with a maturity date greater than 12 months, the Upfront Fees are:
| Loan Size | Upfront SBA Fee |
|---|---|
| $1,000,000 or less | 0.00% |
| $1,000,001 - $2,000,000 | 1.45% of the guaranteed portion of the loan up to and including $1,000,000, plus 1.70% of the guaranteed portion over $1,000,000 |
| $2,000,001 and greater | 3.50% of the guaranteed portion of the loan up to and including $1,000,000, plus 3.75% of the guaranteed portion over $1,000,000 |
Small Business Loan Options
Address your short-term working capital needs with a variety of flexible line of credit structures, supporting facilities of up to $5 million.
