Lenders › Pan American Bank & Trust
7(a) lenderMelrose Park, IllinoisFDIC-insured bank480th of 2,184 by approvals
Pan American Bank & Trust
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Pan American Bank & Trust, based in Melrose Park, Illinois, is an FDIC-insured bank in the SBA 7(a) program. SBA approved 54 of its 7(a) loans worth $41.0M in FY2021 to FY2025, which places it 480th of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 18 approvals totalling $12.2M, up 20% on FY2024 (15). FY2026 to 30 Jun 2026 adds 6 more.
The median approval was $520K, against $190K for the 7(a) program as a whole; 9.3% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 3 states and territories and 9 counties, led by Illinois (96.3%), Wisconsin (1.9%) and North Carolina (1.9%). The largest industry group was accommodation and food services at 24.1% of approvals, and 20.4% of approvals were to franchise businesses.
Pan American Bank & Trust has fewer than 30 disbursed loans from the FY2010 to FY2021 approval years on record, too few for a charge-off rate to be shown.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 6 | $4.2M | $405K | $693K | 67 |
| FY2025 | 18 | $12.2M | $600K | $676K | 319 |
| FY2024 | 15 | $17.7M | $750K | $1.2M | 350 |
| FY2023 | 8 | $4.3M | $475K | $536K | 79 |
| FY2022 | 11 | $4.9M | $248K | $447K | 187 |
| FY2021 | 2 | — | — | — | 34 |
| FY2020 | 0 | — | — | — | 0 |
| FY2019 | 0 | — | — | — | 0 |
| FY2018 | 0 | — | — | — | 0 |
| FY2017 | 0 | — | — | — | 0 |
| FY2016 | 0 | — | — | — | 0 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 0 approvals. First approval on file: FY2021.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Illinois | 7(a) program |
|---|---|---|---|
| Approvals in these years | 2 | 21,190 | 639,905 |
| Cancelled or never disbursed | 0 | 2,878 | 79,313 |
| Disbursed loans | 2 | 18,312 | 560,592 |
| Paid in full | 0 | 13,909 | 435,813 |
| Charged off | 0 | 1,459 | 36,891 |
| Still outstanding (status exempt from disclosure) | 2 | 2,944 | 87,888 |
| Charged off, share of disbursed loans | too few loans | 8.0% | 6.6% |
| Dollars charged off, share of disbursed dollars | too few loans | 4.1% | 2.5% |
| Dollars charged off | — | $327M | $5.70bn |
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $520K | $190K |
| Average approval | $760K | $518K |
| Approvals of $150,000 or less | 9.3% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 31.5% | 34.3% |
| Approvals to franchise businesses | 20.4% | 11.5% |
| Jobs supported per approval, as reported | 17.9 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | too few loans | 6.6% |
States served
| # | State of the business (3 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Illinois | 52 | $39.1M | 96.3% | |
| 2 | Wisconsin | 1 | — | 1.9% | |
| 3 | North Carolina | 1 | — | 1.9% |
In Illinois the lender accounts for 0.5% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (9 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Cook County, IL | 29 | $19.3M | 53.7% | |
| 2 | DuPage County, IL | 10 | $5.8M | 18.5% | |
| 3 | Lake County, IL | 5 | $6.8M | 9.3% | |
| 4 | Will County, IL | 4 | $2.5M | 7.4% | |
| 5 | McHenry County, IL | 2 | — | 3.7% | |
| 6 | Lee County, IL | 1 | — | 1.9% | |
| 7 | Walworth County, WI | 1 | — | 1.9% | |
| 8 | Orange County, NC | 1 | — | 1.9% | |
| 9 | Boone County, IL | 1 | — | 1.9% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 13 | 24.1% | |
| 2 | Other Services (except Public Administration) | 12 | 22.2% | |
| 3 | Health Care and Social Assistance | 6 | 11.1% | |
| 4 | Retail Trade | 5 | 9.3% | |
| 5 | Professional, Scientific, and Technical Services | 5 | 9.3% | |
| 6 | Transportation and Warehousing | 3 | 5.6% | |
| 7 | Real Estate and Rental and Leasing | 2 | 3.7% | |
| 8 | Wholesale Trade | 2 | 3.7% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 12 | 22.2% | |
| 2 | Personal Care ServicesNAICS 8121 | 5 | 9.3% | |
| 3 | Offices of DentistsNAICS 6212 | 3 | 5.6% | |
| 4 | Grocery StoresNAICS 4451 | 2 | 3.7% | |
| 5 | Automotive Repair and MaintenanceNAICS 8111 | 2 | 3.7% | |
| 6 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 2 | 3.7% | |
| 7 | Child Day Care ServicesNAICS 6244 | 2 | 3.7% | |
| 8 | Business Support ServicesNAICS 5614 | 2 | 3.7% | |
| 9 | Drycleaning and Laundry ServicesNAICS 8123 | 2 | 3.7% | |
| 10 | Commercial and Industrial Machinery and Equipment Rental and LeasingNAICS 5324 | 1 | 1.9% |
Approval sizes
- $50,001 to $150,0009.3%5
- $150,001 to $350,00025.9%14
- $350,001 to $1 million46.3%25
- $1 million to $2 million7.4%4
- Over $2 million11.1%6
Loan terms
- Over 5 to 10 years64.8%35
- Over 10 to 20 years9.3%5
- Over 20 years25.9%14
Age of the businesses
- Existing, more than 2 years old48.1%26
- New business, 2 years or less11.1%6
- Startup, loan funds will open the business20.4%11
- Change of ownership20.4%11
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | 7a General | 54 | 100.0% |
Franchise share
11 of 54 approvals in FY2021–FY2025 (20.4%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | The UPS Store | 4 | 7.4% | |
| 2 | Popeyes Louisiana Kitchen | 3 | 5.6% | |
| 3 | Massage Envy | 2 | 3.7% | |
| 4 | Skinovatio Medical Spa | 1 | 1.9% | |
| 5 | Brown's Chicken | 1 | 1.9% |
Questions and answers
How many SBA loans does Pan American Bank & Trust make?
SBA approved 18 7(a) loans through Pan American Bank & Trust in FY2025, worth $12.2M, and 54 over FY2021 to FY2025. That ranks 480th of 2,184 active 7(a) lenders by number of approvals.
How large are Pan American Bank & Trust's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $520K and the average $760K. The program-wide median was $190K.
What is Pan American Bank & Trust's charge-off rate?
Pan American Bank & Trust has fewer than 30 disbursed loans from the FY2010 to FY2021 approval years on record, too few for a charge-off rate to be shown. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Pan American Bank & Trust lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (12); personal care services (5); offices of dentists (3); grocery stores (2).
Where does Pan American Bank & Trust make SBA loans?
In 3 states and territories. Illinois 52, Wisconsin 1, North Carolina 1. In Illinois it accounts for 0.5% of all 7(a) approvals.
Is Pan American Bank & Trust's SBA lending rising?
Approvals in the three latest complete fiscal years total 41, against 13 in the three before: rising (+215%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error