Union National Bank

IL

SBA-approved lender offering 9 loan programs across 5 industries.

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Key Metrics

Interest Rate

6.93%

0.18% over prime

Average Loan

$269K

Per approval

Total Approvals

12

FY 2025

Loan Programs (9)

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

Industries Served (5)

Commercial BakeriesGeneral Automotive RepairOffices of Certified Public AccountantsOther Direct Selling EstablishmentsTesting Laboratories

Additional Details

Prime Rate
6.75%
Rate Over Prime
0.18%
Effective Rate
6.93%
Fiscal Year
2025
States Served
IL

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