First American Bank (IL): SBA Lending Record
What SBA's own loan files show about First American Bank (IL) as an SBA lender, and how a lender's record bears on a feasibility study.
Across FY2017 to FY2026, First American Bank (IL) appears in SBA's records on 347 approved loans carrying $257.6 million in gross dollars. The $257.6 million for First American Bank (IL) counts approved dollars, not balances. First American Bank (IL) appears only under SBA 7(a), with 347 loans. Under SBA 504, First American Bank (IL) shows 0 loans. SBA records First American Bank (IL) as holder, now or earlier, of 347 loans. The guarantee is SBA's, never First American Bank (IL)'s. Every one of the 347 loans counts toward First American Bank (IL) because SBA shows it as holder. For First American Bank (IL), the split means SBA 7(a) only: 347 loans. Here, First American Bank (IL) means the holder SBA names. First American Bank (IL)'s 347 loans span FY2017 to FY2026 approvals.
First American Bank (IL): asset classes and states
First American Bank (IL) has one named class only: medical office, 6 loans. 321 loans credited to First American Bank (IL) sit outside every class we break out. First American Bank (IL)'s 347 loans extend past the classes above. First American Bank (IL) holds 6 in medical office. First American Bank (IL)'s states by loans: Illinois, 195 loans; Florida, 90 loans; Wisconsin, 44 loans. First American Bank (IL)'s sample for Illinois sites is 195 loans. First American Bank (IL)'s counts are a map only.
First American Bank (IL): outcome floors
4.8% of First American Bank (IL) approvals, FY2017 to FY2024, were cancelled. For First American Bank (IL), 4.8% is a floor. First American Bank (IL)'s floor stops at FY2024 approvals. First American Bank (IL) shows no ceiling. First American Bank (IL) falls under Loan Analytics' own rule. First American Bank (IL) has no charge-off rate here. For First American Bank (IL), under 30 loans means no rate. First American Bank (IL): its disbursed cohort is small. First American Bank (IL): a blank is not a zero.
First American Bank (IL): the study comes first
First American Bank (IL) holds 347 recorded loans, $257.6 million in all. At First American Bank (IL), demand comes first: who pays? For First American Bank (IL), cost is second; 347 loans do not replace a quote. For First American Bank (IL), third is debt service coverage. First American Bank (IL): 4.8% is a floor. At First American Bank (IL), the appraisal comes last: 347 loans cannot set your value. First American Bank (IL)'s record cannot settle cost. Here First American Bank (IL) is a holder, not a verdict. First American Bank (IL)'s 347 loans state nothing about its requirements. Ask First American Bank (IL) directly. Test first, then compare with First American Bank (IL)'s 347 loans. Ask First American Bank (IL) what a complete study contains.
SBA loans held by First American Bank (IL)
SBA guarantees these loans; the lender does not. The lender's name and every figure come from the U.S. Small Business Administration's public 7(a) and 504 FOIA file (data.sba.gov).
7(a) lender is the bank or lender the loan is currently assigned to (or last held it), as SBA records it; 504 lender is the Certified Development Company (CDC). 504 third-party (first-lien) lenders are free text with no identifier and are not credited.
| Loans approved, FY2017 to FY2026 | 347 |
|---|---|
| Gross dollars approved | $257.6 million |
| SBA 7(a) loans | 347 |
| SBA 504 loans | 0 |
Cancellation and charge-off
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 4.8% |
|---|---|
| The same, counting loans still undisbursed as cancelled (a ceiling) | withheld |
| Charged off to date, FY2017 to FY2021 disbursed loans (a floor) | withheld |
Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.
Loans by asset class
| Asset class | Loans |
|---|---|
| Not in any of the 39 asset classes | 321 |
| Medical office (physicians) | 6 |
Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
Loans by project state
States with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.
Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; Loan Analytics lender cell LP-fdic-3657.
Related feasibility study pages
- SBA Lender Feasibility Study Data
- Feasibility studies for SBA 7(a) and 504 loans
- Byline Bank: SBA Lending Record
- BMO Bank National Association: SBA Lending Record
- Small Business Growth Corporation: SBA Lending Record
- CenTrust Bank, A Division of SmartBiz Bank National Association: SBA Lending Record
- SomerCor 504, Inc.: SBA Lending Record
- Busey Bank: SBA Lending Record
- CIBC Bank USA: SBA Lending Record
- Village Bank and Trust, National Association: SBA Lending Record
Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project anywhere in the United States, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan, by First American Bank (IL) or any other lender. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.
Request Scope & Timeline
Start with the data.
Contact Us