Loading...
Loading...
First American Bank is a privately held, full-service commercial bank headquartered in Elk Grove Village, Illinois. With over $7 billion in assets and 900+ employees, it operates as the largest privately held bank in Illinois with locations across Illinois, Wisconsin, and Florida. The bank provides comprehensive personal banking, business banking, wealth management, and lending solutions.
Have you worked with First American Bank? Share your experience to help others.
Loading reviews...
SBA 7(a) Acquisition Loan Data As Of June 30, 2025
Last 12 Months
Last 3 Years
YoY Growth
low activity
As Of June 30, 2025
Median
$1.4M
Average
$1.1M
All rates shown as spread over Prime Rate
This Lender
Market Average
As Of June 30, 2025 - 10-year default rate indicates underwriting quality
10-Year Default Rate
0.0%
Bottom 10% of Lenders (Highest Default Rate)
Performance Ranking
100th
Lower is better among all lenders
As Of June 30, 2025 - States by loan volume (darker blue = higher volume)
