American Exchange Bank
SBA 7(a) Lending Profile · FY 2021 analysis
Industry Focus
Top industries served by American Exchange Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811192 | Car Washes | 16 | $9.2M | $576K | 50.0% |
| 811111 | General Automotive Repair | 8 | $4.0M | $495K | 25.0% |
| 451110 | Sporting Goods Stores | 8 | $12.0M | $1.5M | 25.0% |
Geographic Distribution
SBA lending activity for American Exchange Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Oklahoma (OK) | 32 | $25.2M | 100.0% |
Why Choose American Exchange Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 32 SBA loans approved, totaling $25.2M in financing
- ✓Industry Expertise: Specialized focus on Car Washes, General Automotive Repair, Sporting Goods Stores
- ✓Competitive Terms: Average interest rate of 6.67% with flexible term lengths averaging 171 months
- ✓Loan Range: Loan sizes from $158K to $1.5M, with an average of $787K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in OK
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 Exchange Bank SBA lending
What types of businesses does American Exchange Bank typically finance?
American Exchange Bank specializes in SBA 7(a) lending to specific industries including car washes, general automotive repair, sporting goods stores. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are American Exchange Bank's typical SBA loan terms?
American Exchange Bank's SBA 7(a) loans typically feature an average interest rate of 6.67% and average term length of 171 months (approximately 14 years). Loan sizes range from $158K to $1.5M, with an average loan size of $787K.
Do I need a business valuation for a American Exchange Bank SBA loan?
Yes, American Exchange 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 Exchange Bank compare to other SBA lenders?
American Exchange Bank has originated 32 SBA loans totaling $25.2M 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 Exchange Bank lend in?
American Exchange Bank provides SBA 7(a) financing with particularly strong presence in 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?
Professional valuations are often required for SBA loans over $250,000.
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