Small Business Banking
The U.S. Small Business Administration (SBA) announced First American Bank has been recognized as the top lender in the state of Iowa for Fiscal Year 2009. The bank approved 51 SBA loans worth over $23.4 million to small businesses in Iowa. Overall in Iowa, the SBA guaranteed 852 loans for $210.7 million.
First American Bank became involved in SBA lending in 2002. This is the fourth year First American Bank's performance, commitment and support to the program has received special recognition by the SBA.
Products, Services and Support
First American offers a portfolio of banking services specially tailored to meet the needs of today’s niche business. We handle the details of your financial dealings, so you can focus on the other important aspects of your business.
Many banks claim to be full service, but few single organizations can accomplish what First American Bank does for a client. The consolidation of critical tasks under one roof provides our clients with significant benefits.
If you have not yet done so, ask to speak to one of our First American Wealth Management Group advisors. The key issues they address are investments, estate, trusts, insurance and retirement planning — and in the case of business owners, succession planning.
First American Wealth Management Group’s business savvy advice and ideas are available to any customer of First American Bank — individuals, privately owned businesses, business owners and their families.
Alert
The U.S. Small Business Administration (SBA) has issued a warning regarding fraudulent offers of help securing SBA loans. They have received several complaints about scams, abusive marketing and exorbitant fees charged by firms offering to help small businesses obtain a loan, grant or other federal funds from SBA. Learn more.
