American Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by American Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 200 | $166.3M | $832K | 11.3% |
| 722513 | Limited-Service Restaurants | 80 | $44.1M | $552K | 4.5% |
| 721110 | Hotels (except Casino Hotels) and Motels | 80 | $211.3M | $2.6M | 4.5% |
| 457110 | Other | 56 | $106.5M | $1.9M | 3.2% |
| 713940 | Fitness and Recreational Sports Centers | 56 | $28.1M | $502K | 3.2% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 40 | $8.0M | $201K | 2.3% |
| 238330 | Flooring Contractors | 32 | $18.2M | $568K | 1.8% |
| 621610 | Home Health Care Services | 32 | $8.5M | $266K | 1.8% |
| 424470 | Meat and Meat Product Merchant Wholesalers | 32 | $9.7M | $303K | 1.8% |
| 811111 | General Automotive Repair | 32 | $17.4M | $544K | 1.8% |
Geographic Distribution
SBA lending activity for American Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Louisiana (LA) | 1,576 | $1.03B | 88.7% |
| Ohio (OH) | 24 | $120.0M | 1.4% |
| Mississippi (MS) | 48 | $75.5M | 2.7% |
| Alabama (AL) | 24 | $75.1M | 1.4% |
| California (CA) | 8 | $40.0M | 0.5% |
| Texas (TX) | 16 | $34.4M | 0.9% |
| Pennsylvania (PA) | 56 | $17.4M | 3.2% |
| Florida (FL) | 16 | $4.8M | 0.9% |
| Montana (MT) | 8 | $2.8M | 0.5% |
Why Choose American Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 1,776 SBA loans approved, totaling $1.40B in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Limited-Service Restaurants, Hotels (except Casino Hotels) and Motels
- ✓Competitive Terms: Average interest rate of 9.37% with flexible term lengths averaging 166 months
- ✓Loan Range: Loan sizes from $25K to $5.0M, with an average of $791K
- ✓Nationwide Reach: Active lending in 9 states, with strong presence in LA, PA, MS
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 American Bank SBA lending
What types of businesses does American Bank typically finance?
American Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, limited-service restaurants, hotels (except casino hotels) and motels, other. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are American Bank's typical SBA loan terms?
American Bank's SBA 7(a) loans typically feature an average interest rate of 9.37% and average term length of 166 months (approximately 14 years). Loan sizes range from $25K to $5.0M, with an average loan size of $791K.
Do I need a business valuation for a American Bank SBA loan?
Yes, American 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 American Bank compare to other SBA lenders?
American Bank has originated 1,776 SBA loans totaling $1.40B since 2020. 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 American Bank lend in?
American Bank provides SBA 7(a) financing with particularly strong presence in LA, PA, MS, OH, AL. 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.
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