American Business Bank
SBA 7(a) Lending Profile · FY 2024 analysis
Industry Focus
Top industries served by American Business Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 541211 | Offices of Certified Public Accountants | 40 | $31.4M | $785K | 4.9% |
| 532490 | Other Commercial and Industrial Machinery and Equipment Rental and Lea | 40 | $33.4M | $836K | 4.9% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 32 | $23.6M | $738K | 3.9% |
| 238390 | Other Building Finishing Contractors | 32 | $17.6M | $550K | 3.9% |
| 312120 | Breweries | 32 | $13.9M | $434K | 3.9% |
| 624410 | Child Day Care Services | 32 | $10.3M | $323K | 3.9% |
| 722511 | Full-Service Restaurants | 24 | $24.4M | $1.0M | 2.9% |
| 541410 | Interior Design Services | 24 | $17.2M | $719K | 2.9% |
| 722513 | Limited-Service Restaurants | 24 | $8.4M | $348K | 2.9% |
| 488410 | Motor Vehicle Towing | 24 | $25.3M | $1.1M | 2.9% |
Geographic Distribution
SBA lending activity for American Business Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 800 | $659.8M | 98.0% |
| Nevada (NV) | 8 | $40.0M | 1.0% |
| Tennessee (TN) | 8 | $16.0M | 1.0% |
Why Choose American Business Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 816 SBA loans approved, totaling $715.8M in financing
- ✓Industry Expertise: Specialized focus on Offices of Certified Public Accountants, Other Commercial and Industrial Machinery and Equipment Rental and Lea, Plumbing, Heating, and Air-Conditioning Contractors
- ✓Competitive Terms: Average interest rate of 7.26% with flexible term lengths averaging 145 months
- ✓Loan Range: Loan sizes from $100K to $5.0M, with an average of $877K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in CA, NV, TN
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 Business Bank SBA lending
What types of businesses does American Business Bank typically finance?
American Business Bank specializes in SBA 7(a) lending to specific industries including offices of certified public accountants, other commercial and industrial machinery and equipment rental and lea, plumbing, heating, and air-conditioning contractors, other building finishing contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are American Business Bank's typical SBA loan terms?
American Business Bank's SBA 7(a) loans typically feature an average interest rate of 7.26% and average term length of 145 months (approximately 12 years). Loan sizes range from $100K to $5.0M, with an average loan size of $877K.
Do I need a business valuation for a American Business Bank SBA loan?
Yes, American Business 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 Business Bank compare to other SBA lenders?
American Business Bank has originated 816 SBA loans totaling $715.8M 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 Business Bank lend in?
American Business Bank provides SBA 7(a) financing with particularly strong presence in CA, NV, TN. 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?
Professional valuations are often required for SBA loans over $250,000.
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