Fastech Adhesives Inc.
308 Roma Jean Pkwy, Streamwood, IL 60107 · Adhesive Manufacturing (NAICS 325520)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
3
Total Amount
$1.1M
Jobs Supported
11
Years Active
2020–2024
Loan History (3)
Source: SBA FOIA7(a)$500,000
Paid in Full
- Approved
- Mar 27, 2024 (FY2024)
- SBA Guaranteed
- $250,000 (50%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 9.00%
- Revolver
- 1
- Jobs Supported
- 5
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Adhesive Manufacturing (NAICS 325520)
- Paid in Full
- Sep 30, 2025
Lender
First American Bank
700 Busse Rd, Elk Grove Village, IL 60007
Project Location
Cook County, IL
7(a)$500,000
Paid in Full
- Approved
- Mar 23, 2021 (FY2021)
- SBA Guaranteed
- $450,000 (90%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 5.00%
- Revolver
- 1
- Jobs Supported
- 4
- Business Type
- Corporation
- Business Age
- New Business or 2 Years or Less
- Industry
- Adhesive Manufacturing (NAICS 325520)
- Paid in Full
- Feb 29, 2024
Lender
First American Bank
700 Busse Rd, Elk Grove Village, IL 60007
Project Location
Cook County, IL
7(a)$150,000
Paid in Full
- Approved
- Nov 19, 2019 (FY2020)
- SBA Guaranteed
- $75,000 (50%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 5.25%
- Revolver
- 1
- Jobs Supported
- 2
- Business Type
- Corporation
- Business Age
- Startup, Loan Funds Will Open Business
- Industry
- Adhesive Manufacturing (NAICS 325520)
- Paid in Full
- Feb 29, 2024
Lender
First American Bank
700 Busse Rd, Elk Grove Village, IL 60007
Project Location
Cook County, IL
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 325520 — Adhesive Manufacturing
- Address
- 308 Roma Jean Pkwy
Streamwood, IL 60107
Lender
- First American Bank
- 700 Busse Rd, Elk Grove Village, IL 60007