Bank · Elk Grove Village, IL
First American Bank (Elk Grove Village, IL)
Made 15 SBA 7(a) change-of-ownership loans totaling $17.9M in FY2024 to FY2026: #189 of 1,054 lenders by loans and #178 by dollars. Lends in 3 states. Part of First American Bank Corp.
#189by loans, FY24–26
15loans
$17.9Mapproved
$791Kmedian loan
Volume
By fiscal year
Share of all loans = this lender’s loans as a share of every SBA acquisition loan that year.
| Fiscal year | Loans | Dollars | Median | Share of all loans |
|---|---|---|---|---|
| FY2024 | 3 | $2.1M | $791K | 0.1% |
| FY2025 | 7 | $9.6M | $412K | 0.1% |
| FY2026 | 5 | $6.2M | $836K | 0.1% |
Loan size
Deal size mix
40% of its loans were $1M or more.
- Under $350K4 loans · 27% · $930K
- $350K to $1M5 loans · 33% · $3.2M
- $1M to $2M2 loans · 13% · $2.1M
- $2M to $5M4 loans · 27% · $11.6M
Where the money goes
Top industries
| Industry | Loans | Dollars |
|---|---|---|
| Construction | 5 | $4.7M |
| Manufacturing | 4 | $8.3M |
| Retail Trade | 3 | $2.7M |
| Wholesale Trade | 1 | $1.0M |
| Real Estate & Rental & Leasing | 1 | $705K |
| Health Care & Social Assistance | 1 | $468K |
Business location
Top states
| Business state | Loans | Dollars |
|---|---|---|
| Illinois | 12 | $12.9M |
| Wisconsin | 2 | $3.9M |
| Texas | 1 | $1.0M |
Keep exploring
Related pages
Top lenders in its top states
Its top industries and deal size
Lenders of similar size
Guides and rankings
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