SBA lender profile
First American Bank
First American Bank appears in the public SBA loan data with 1,098 funded 7(a) loans since FY2010, totaling $510.8M, an average of $465K per loan, and an estimated 17,760 jobs supported. Its SBA lending concentrates in Illinois and the Wholesale Trade sector. Across its 7(a) loans, the charge-off rate is 2.6%. 30.6% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 75
- Scale 91
- Activity 85
- Consistency 92
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is First American Bank the right lender for you?
Lenders fund what they know. First American Bank's SBA lending concentrates in Illinois (423 loans) and Wholesale Trade (176 loans), at an average loan of $465K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
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.
Metro areas where First American Bank funds
What First American Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Wholesale Trade | 176 | $137.0M |
| Construction | 200 | $98.6M |
| Manufacturing | 142 | $97.1M |
| Retail Trade | 103 | $34.2M |
| Professional and Technical Services | 102 | $32.3M |
| Accommodation and Food Services | 56 | $29.8M |
First American Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 147 | $39.9M |
| 2011 | 134 | $52.2M |
| 2012 | 94 | $30.9M |
| 2013 | 59 | $25.6M |
| 2014 | 67 | $26.3M |
| 2015 | 85 | $29.1M |
| 2016 | 106 | $38.4M |
| 2017 | 87 | $36.1M |
| 2018 | 51 | $29.6M |
| 2019 | 36 | $20.5M |
| 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 |
Related SBA lenders
Other lenders active in Illinois or in Wholesale Trade.
Comparing lenders? See how to choose an SBA lender by track record.
First American Bank: frequently asked questions
Does First American Bank offer SBA loans?
Yes. First American Bank appears in the public SBA data with 1,098 funded SBA 7(a) loans totaling $510.8M.
How many SBA loans has First American Bank made?
First American Bank is associated with 1,098 SBA 7(a) loans totaling $510.8M in the public SBA data (as of 2026-03-31).
What is First American Bank's SBA charge-off rate?
About 2.6% of First American Bank's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does First American Bank do most of its SBA lending?
First American Bank's SBA lending in the data is most concentrated in Illinois, and by industry in Wholesale Trade.
Is First American Bank an SBA Preferred Lender (PLP)?
The loan record shows First American Bank operating under PLP delegated authority: 336 of its 7(a) loans (30.6%) were processed through the Preferred Lenders Program, including 39 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). First American Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/first-american-bank/
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