American Express National Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by American Express National Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 541512 | Computer Systems Design Services | 11 | $203K | $18K | 4.2% |
| 236118 | Residential Remodelers | 6 | $108K | $18K | 2.3% |
| 541110 | Offices of Lawyers | 5 | $118K | $24K | 1.9% |
| 425120 | Wholesale Trade Agents and Brokers | 4 | $95K | $24K | 1.5% |
| 238320 | Painting and Wall Covering Contractors | 4 | $63K | $16K | 1.5% |
| 541219 | Other Accounting Services | 3 | $50K | $17K | 1.2% |
| 541519 | Other Computer Related Services | 3 | $63K | $21K | 1.2% |
| 722310 | Food Service Contractors | 3 | $60K | $20K | 1.2% |
| 541690 | Other Scientific and Technical Consulting Services | 3 | $68K | $23K | 1.2% |
| 561720 | Janitorial Services | 3 | $65K | $22K | 1.2% |
Geographic Distribution
SBA lending activity for American Express National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 48 | $988K | 18.5% |
| New York (NY) | 33 | $657K | 12.7% |
| Florida (FL) | 21 | $416K | 8.1% |
| Michigan (MI) | 13 | $262K | 5.0% |
| Illinois (IL) | 13 | $261K | 5.0% |
| Georgia (GA) | 12 | $245K | 4.6% |
| Texas (TX) | 12 | $238K | 4.6% |
| Colorado (CO) | 12 | $231K | 4.6% |
| Pennsylvania (PA) | 7 | $143K | 2.7% |
| Virginia (VA) | 7 | $138K | 2.7% |
| New Jersey (NJ) | 6 | $137K | 2.3% |
| Ohio (OH) | 7 | $131K | 2.7% |
| Maryland (MD) | 6 | $119K | 2.3% |
| Massachusetts (MA) | 5 | $111K | 1.9% |
| Nevada (NV) | 5 | $110K | 1.9% |
| North Carolina (NC) | 5 | $110K | 1.9% |
| Utah (UT) | 5 | $103K | 1.9% |
| Arizona (AZ) | 5 | $79K | 1.9% |
| Louisiana (LA) | 4 | $77K | 1.5% |
| Minnesota (MN) | 4 | $75K | 1.5% |
| Washington (WA) | 5 | $70K | 1.9% |
| Wisconsin (WI) | 3 | $65K | 1.2% |
| South Carolina (SC) | 4 | $60K | 1.5% |
| Maine (ME) | 2 | $50K | 0.8% |
| Alabama (AL) | 2 | $50K | 0.8% |
| Indiana (IN) | 3 | $43K | 1.2% |
| Mississippi (MS) | 2 | $40K | 0.8% |
| Missouri (MO) | 2 | $35K | 0.8% |
| Kentucky (KY) | 2 | $33K | 0.8% |
| District of Columbia (DC) | 1 | $25K | 0.4% |
| Connecticut (CT) | 1 | $25K | 0.4% |
| Arkansas (AR) | 1 | $25K | 0.4% |
| West Virginia (WV) | 1 | $11K | 0.4% |
| Tennessee (TN) | 1 | $10K | 0.4% |
Why Choose American Express National Bank?
Based on SBA 7(a) lending track record from 2003-2006
- ✓Proven Track Record: 260 SBA loans approved, totaling $5.2M in financing
- ✓Industry Expertise: Specialized focus on Computer Systems Design Services, Residential Remodelers, Offices of Lawyers
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 73 months
- ✓Loan Range: Loan sizes from $10K to $50K, with an average of $20K
- ✓Nationwide Reach: Active lending in 34 states, with strong presence in CA, NY, FL
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 Express National Bank SBA lending
What types of businesses does American Express National Bank typically finance?
American Express National Bank specializes in SBA 7(a) lending to specific industries including computer systems design services, residential remodelers, offices of lawyers, wholesale trade agents and brokers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are American Express National Bank's typical SBA loan terms?
American Express National Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 73 months (approximately 6 years). Loan sizes range from $10K to $50K, with an average loan size of $20K.
Do I need a business valuation for a American Express National Bank SBA loan?
Yes, American Express 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 American Express National Bank compare to other SBA lenders?
American Express National Bank has originated 260 SBA loans totaling $5.2M since 2003. 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 Express National Bank lend in?
American Express National Bank provides SBA 7(a) financing with particularly strong presence in CA, NY, FL, MI, IL. 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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