CIBC Bank USA
IL
SBA-approved lender offering 6 loan programs across 11 industries.
Key Metrics
Interest Rate
8.83%
2.08% over prime
Average Loan
$705K
Per approval
Total Approvals
44
FY 2025
Loan Programs (6)
7a General
Change of Ownership
Existing or more than 2 years old
New Business or 2 years or less
Preferred Lenders Program
Fixed Rates
Industries Served (11)
Drycleaning and Laundry Services (except Coin-Operated)Engineering ServicesFull-Service RestaurantsGlass and Glazing ContractorsHome Health Care ServicesMarketing Consulting ServicesOffices of Mental Health Practitioners (except Physicians)Offices of Physical, Occupational and Speech Therapists, and AudiologiRemediation ServicesServices for the Elderly and Persons with DisabilitiesWelding and Soldering Equipment Manufacturing
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 2.08%
- Effective Rate
- 8.83%
- Fiscal Year
- 2025
- States Served
- IL
- Website
- us.cibc.com
Ready to apply with CIBC Bank USA?
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