FWBank

IL

SBA-approved lender offering 7 loan programs across 15 industries.

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Key Metrics

Interest Rate

8.83%

2.08% over prime

Average Loan

$1.0M

Per approval

Total Approvals

71

FY 2025

Loan Programs (7)

7a General
Change of Ownership
Existing or more than 2 years old
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Fixed Rates

Industries Served (15)

All Other Amusement and Recreation IndustriesBreweriesChild Day Care ServicesFitness and Recreational Sports CentersFull-Service RestaurantsInterior Design ServicesJanitorial ServicesLimited-Service RestaurantsOther Personal Care ServicesPet Care (except Veterinary) ServicesRetail BakeriesSeptic Tank and Related ServicesSite Preparation ContractorsSnack and Nonalcoholic Beverage BarsSupermarkets and Other Grocery (except Convenience) Stores

Additional Details

Prime Rate
6.75%
Rate Over Prime
2.08%
Effective Rate
8.83%
Fiscal Year
2025
States Served
IL

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