First Priority Inc.

1590 Todd Farm Drive, Elgin, IL 60123 · Medicinal and Botanical Manufacturing (NAICS 325411)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$4.9M

Jobs Supported

193

Years Active

2010–2014

Loan History (2)

Source: SBA FOIA
7(a)$3,500,000
Paid in Full
Approved
Jul 14, 2014 (FY2014)
SBA Guaranteed
$2,450,000 (70%)
Term
84 months (7.0 yrs)
Interest Rate
4.00%
Revolver
1
Jobs Supported
73
Business Type
Corporation
Industry
Medicinal and Botanical Manufacturing (NAICS 325411)
Paid in Full
Dec 31, 2017

Lender

Heartland Bank and Trust Company

401 N Hershey Rd, Bloomington, IL 61704

Project Location

Kane County, IL

7(a)$1,400,000
Cancelled
Approved
Apr 1, 2010 (FY2010)
SBA Guaranteed
$1,260,000 (90%)
Term
84 months (7.0 yrs)
Interest Rate
5.50%
Revolver
0
Jobs Supported
120
Business Type
Corporation
Industry
Pharmaceutical Preparation Manufacturing (NAICS 325412)

Lender

Union National Bank

101 E Chicago St, Elgin, IL 60120

Project Location

Kane County, IL

Business Details

Business Type
Corporation
NAICS Code
325411 Medicinal and Botanical Manufacturing
Address
1590 Todd Farm Drive
Elgin, IL 60123

Lenders

Heartland Bank and Trust Company
401 N Hershey Rd, Bloomington, IL 61704
Union National Bank
101 E Chicago St, Elgin, IL 60120

Other SBA Borrowers in Elgin

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