American Heritage Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by American Heritage Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 541110 | Offices of Lawyers | 2 | $100K | $50K | 10.0% |
| 332710 | Machine Shops | 1 | $366K | $366K | 5.0% |
| 541213 | Tax Preparation Services | 1 | $45K | $45K | 5.0% |
| 621210 | Offices of Dentists | 1 | $147K | $147K | 5.0% |
| 311611 | Animal (except Poultry) Slaughtering | 1 | $225K | $225K | 5.0% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 1 | $512K | $512K | 5.0% |
| 713940 | Fitness and Recreational Sports Centers | 1 | $453K | $453K | 5.0% |
| 621610 | Home Health Care Services | 1 | $100K | $100K | 5.0% |
| 541330 | Engineering Services | 1 | $344K | $344K | 5.0% |
| 721110 | Hotels (except Casino Hotels) and Motels | 1 | $4.4M | $4.4M | 5.0% |
Geographic Distribution
SBA lending activity for American Heritage Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Oklahoma (OK) | 14 | $7.2M | 70.0% |
| New Mexico (NM) | 6 | $1.4M | 30.0% |
Why Choose American Heritage Bank?
Based on SBA 7(a) lending track record from 1995-2016
- ✓Proven Track Record: 20 SBA loans approved, totaling $8.7M in financing
- ✓Industry Expertise: Specialized focus on Offices of Lawyers, Machine Shops, Tax Preparation Services
- ✓Competitive Terms: Average interest rate of 5.36% with flexible term lengths averaging 140 months
- ✓Loan Range: Loan sizes from $37K to $4.4M, with an average of $434K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in OK, NM
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 Heritage Bank SBA lending
What types of businesses does American Heritage Bank typically finance?
American Heritage Bank specializes in SBA 7(a) lending to specific industries including offices of lawyers, machine shops, tax preparation services, offices of dentists. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are American Heritage Bank's typical SBA loan terms?
American Heritage Bank's SBA 7(a) loans typically feature an average interest rate of 5.36% and average term length of 140 months (approximately 12 years). Loan sizes range from $37K to $4.4M, with an average loan size of $434K.
Do I need a business valuation for a American Heritage Bank SBA loan?
Yes, American Heritage 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 Heritage Bank compare to other SBA lenders?
American Heritage Bank has originated 20 SBA loans totaling $8.7M since 1995. 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 Heritage Bank lend in?
American Heritage Bank provides SBA 7(a) financing with particularly strong presence in OK, NM. 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.
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