SBA lender profile
First American Bank
First American Bank appears in the public SBA loan data with 232 funded 7(a) loans totaling $182.2M, an average of $785K per loan, and an estimated 3,994 jobs supported. Its SBA lending concentrates in Illinois and the Construction sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
232
Total volume
$182.2M
Average loan size
$785K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
3,994
Programs
7(a)
Bank profile
via FDIC- Total assets
- $124M
- Headquarters
- Chicago, IL
- FDIC cert
- #10864
- Status
- Inactive
Where First American Bank lends
Top states by funded SBA volume.
What First American Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 53 | $53.3M |
| Wholesale Trade | 32 | $39.8M |
| Manufacturing | 45 | $36.6M |
| Professional and Technical Services | 21 | $12.0M |
| Administrative and Support | 7 | $8.9M |
| Retail Trade | 20 | $7.9M |
First American Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 41 | $29.0M |
| 2021 | 55 | $42.3M |
| 2022 | 33 | $21.7M |
| 2023 | 30 | $31.0M |
| 2024 | 29 | $19.3M |
| 2025 | 34 | $31.8M |
| 2026 | 10 | $7.2M |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of First American Bank's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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