Millennium Bank
IL
SBA-approved lender offering 5 loan programs across 1 industries.
Key Metrics
Interest Rate
8.40%
1.65% over prime
Average Loan
$2.9M
Per approval
Total Approvals
20
FY 2025
Loan Programs (5)
7a General
Change of Ownership
Existing or more than 2 years old
Variable Rates
Loan Funds will Open Business
Industries Served (1)
Hotels (except Casino Hotels) and Motels
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 1.65%
- Effective Rate
- 8.40%
- Fiscal Year
- 2025
- States Served
- IL
- Website
- www.mb.bank
Ready to apply with Millennium Bank?
Let Cassian help you prepare your application and connect you with the right loan officer.