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, 2022 through September 30, 2023
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|
|$500,000 or less||0.00%|
|$500,001 - $700,000||0.55% of the guaranteed portion|
|$700,001 - $1,000,000||1.05% of the guaranteed portion|
|$1,000,001 - $5,000,000||3.5% of the guaranteed portion up to $1,000,000, plus 3.75% of the guaranteed portion over $1,000,000|