American Metro Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by American Metro Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 445230 | Fruit and Vegetable Retailers | 1 | $179K | $179K | 11.1% |
| 722511 | Full-Service Restaurants | 1 | $225K | $225K | 11.1% |
Geographic Distribution
SBA lending activity for American Metro Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Illinois (IL) | 9 | $1.9M | 100.0% |
Why Choose American Metro Bank?
Based on SBA 7(a) lending track record from 2002-2014
- ✓Proven Track Record: 9 SBA loans approved, totaling $1.9M in financing
- ✓Industry Expertise: Specialized focus on Fruit and Vegetable Retailers, Full-Service Restaurants
- ✓Competitive Terms: Average interest rate of 6.63% with flexible term lengths averaging 114 months
- ✓Loan Range: Loan sizes from $80K to $300K, with an average of $208K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in IL
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 Metro Bank SBA lending
What types of businesses does American Metro Bank typically finance?
American Metro Bank specializes in SBA 7(a) lending to specific industries including fruit and vegetable retailers, full-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are American Metro Bank's typical SBA loan terms?
American Metro Bank's SBA 7(a) loans typically feature an average interest rate of 6.63% and average term length of 114 months (approximately 10 years). Loan sizes range from $80K to $300K, with an average loan size of $208K.
Do I need a business valuation for a American Metro Bank SBA loan?
Yes, American Metro 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 Metro Bank compare to other SBA lenders?
American Metro Bank has originated 9 SBA loans totaling $1.9M since 2002. 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 Metro Bank lend in?
American Metro Bank provides SBA 7(a) financing with particularly strong presence in 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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