Amarillo National Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Amarillo National Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722515 | Snack and Nonalcoholic Beverage Bars | 23 | $6.8M | $296K | 6.5% |
| 811111 | General Automotive Repair | 8 | $1.7M | $208K | 2.3% |
| 621310 | Offices of Chiropractors | 7 | $1.9M | $274K | 2.0% |
| 624410 | Child Care Services | 7 | $4.2M | $598K | 2.0% |
| 812112 | Beauty Salons | 6 | $1.1M | $189K | 1.7% |
| 722511 | Full-Service Restaurants | 5 | $5.2M | $1.0M | 1.4% |
| 423450 | Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers | 5 | $1.2M | $245K | 1.4% |
| 811192 | Car Washes | 5 | $567K | $113K | 1.4% |
| 722410 | Drinking Places (Alcoholic Beverages) | 4 | $498K | $125K | 1.1% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 4 | $344K | $86K | 1.1% |
Geographic Distribution
SBA lending activity for Amarillo National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 351 | $102.1M | 98.9% |
| Colorado (CO) | 1 | $485K | 0.3% |
| South Carolina (SC) | 1 | $267K | 0.3% |
| New Mexico (NM) | 1 | $110K | 0.3% |
| Oklahoma (OK) | 1 | $70K | 0.3% |
Why Choose Amarillo National Bank?
Based on SBA 7(a) lending track record from 1991-2019
- ✓Proven Track Record: 355 SBA loans approved, totaling $103.0M in financing
- ✓Industry Expertise: Specialized focus on Snack and Nonalcoholic Beverage Bars, General Automotive Repair, Offices of Chiropractors
- ✓Competitive Terms: Average interest rate of 5.84% with flexible term lengths averaging 111 months
- ✓Loan Range: Loan sizes from $15K to $5.0M, with an average of $290K
- ✓Nationwide Reach: Active lending in 5 states, with strong presence in TX, NM, CO
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Amarillo National Bank SBA lending
What types of businesses does Amarillo National Bank typically finance?
Amarillo National Bank specializes in SBA 7(a) lending to specific industries including snack and nonalcoholic beverage bars, general automotive repair, offices of chiropractors, child care services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Amarillo National Bank's typical SBA loan terms?
Amarillo National Bank's SBA 7(a) loans typically feature an average interest rate of 5.84% and average term length of 111 months (approximately 9 years). Loan sizes range from $15K to $5.0M, with an average loan size of $290K.
Do I need a business valuation for a Amarillo National Bank SBA loan?
Yes, Amarillo National Bank typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Amarillo National Bank compare to other SBA lenders?
Amarillo National Bank has originated 355 SBA loans totaling $103.0M since 1991. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Amarillo National Bank lend in?
Amarillo National Bank provides SBA 7(a) financing with particularly strong presence in TX, NM, CO, SC, OK. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
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