Pan American Bank & Trust
IL
SBA-approved lender offering 7 loan programs across 5 industries.
Key Metrics
Interest Rate
8.50%
1.75% over prime
Average Loan
$676K
Per approval
Total Approvals
18
FY 2025
Loan Programs (7)
7a General
Change of Ownership
Existing or more than 2 years old
Loan Funds will Open Business
Startup
Fixed Rates
New Business or 2 years or less
Industries Served (5)
Automobile and Other Motor Vehicle Merchant WholesalersGeneral Automotive RepairLimited-Service RestaurantsOther Personal Care ServicesPromoters of Performing Arts, Sports, and Similar Events with Faciliti
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 1.75%
- Effective Rate
- 8.50%
- Fiscal Year
- 2025
- States Served
- IL
- Website
- www.panamerbank.com
Ready to apply with Pan American Bank & Trust?
Let Cassian help you prepare your application and connect you with the right loan officer.