American Momentum Bank
SBA 7(a) Lending Profile · FY 2021 analysis
Industry Focus
Top industries served by American Momentum Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 624410 | Child Day Care Services | 184 | $200.6M | $1.1M | 9.7% |
| 722511 | Full-Service Restaurants | 104 | $93.9M | $903K | 5.5% |
| 811111 | General Automotive Repair | 96 | $111.2M | $1.2M | 5.1% |
| 811192 | Car Washes | 48 | $147.0M | $3.1M | 2.5% |
| 722513 | Limited-Service Restaurants | 48 | $34.9M | $727K | 2.5% |
| 445320 | Other | 48 | $26.0M | $543K | 2.5% |
| 561730 | Landscaping Services | 40 | $19.2M | $480K | 2.1% |
| 213112 | Support Activities for Oil and Gas Operations | 40 | $39.6M | $989K | 2.1% |
| 238990 | All Other Specialty Trade Contractors | 32 | $27.2M | $851K | 1.7% |
| 238210 | Electrical Contractors | 32 | $40.5M | $1.3M | 1.7% |
Geographic Distribution
SBA lending activity for American Momentum Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 632 | $785.4M | 33.3% |
| Florida (FL) | 504 | $564.7M | 26.6% |
| Arizona (AZ) | 112 | $88.3M | 5.9% |
| Georgia (GA) | 104 | $83.0M | 5.5% |
| North Carolina (NC) | 56 | $52.3M | 3.0% |
| Ohio (OH) | 40 | $45.7M | 2.1% |
| South Carolina (SC) | 16 | $37.2M | 0.8% |
| Wisconsin (WI) | 16 | $34.8M | 0.8% |
| Michigan (MI) | 40 | $34.6M | 2.1% |
| Missouri (MO) | 64 | $34.1M | 3.4% |
| Utah (UT) | 16 | $29.5M | 0.8% |
| Kentucky (KY) | 40 | $23.1M | 2.1% |
| Illinois (IL) | 40 | $23.1M | 2.1% |
| Kansas (KS) | 8 | $22.6M | 0.4% |
| Colorado (CO) | 24 | $21.9M | 1.3% |
| New Mexico (NM) | 8 | $20.0M | 0.4% |
| Virginia (VA) | 16 | $17.5M | 0.8% |
| California (CA) | 24 | $17.1M | 1.3% |
| Maryland (MD) | 16 | $16.0M | 0.8% |
| Massachusetts (MA) | 8 | $13.0M | 0.4% |
| Oklahoma (OK) | 8 | $10.0M | 0.4% |
| Indiana (IN) | 16 | $8.0M | 0.8% |
| Tennessee (TN) | 8 | $7.7M | 0.4% |
| New York (NY) | 16 | $7.7M | 0.8% |
| Alabama (AL) | 8 | $6.3M | 0.4% |
| South Dakota (SD) | 8 | $6.1M | 0.4% |
| New Jersey (NJ) | 8 | $5.6M | 0.4% |
| Louisiana (LA) | 16 | $5.5M | 0.8% |
| Nevada (NV) | 16 | $4.2M | 0.8% |
| Alaska (AK) | 8 | $3.3M | 0.4% |
Why Choose American Momentum Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 1,896 SBA loans approved, totaling $2.03B in financing
- ✓Industry Expertise: Specialized focus on Child Day Care Services, Full-Service Restaurants, General Automotive Repair
- ✓Competitive Terms: Average interest rate of 8.72% with flexible term lengths averaging 183 months
- ✓Loan Range: Loan sizes from $50K to $5.0M, with an average of $1.1M
- ✓Nationwide Reach: Active lending in 30 states, with strong presence in TX, FL, AZ
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 Momentum Bank SBA lending
What types of businesses does American Momentum Bank typically finance?
American Momentum Bank specializes in SBA 7(a) lending to specific industries including child day care services, full-service restaurants, general automotive repair, car washes. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are American Momentum Bank's typical SBA loan terms?
American Momentum Bank's SBA 7(a) loans typically feature an average interest rate of 8.72% and average term length of 183 months (approximately 15 years). Loan sizes range from $50K to $5.0M, with an average loan size of $1.1M.
Do I need a business valuation for a American Momentum Bank SBA loan?
Yes, American Momentum 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 Momentum Bank compare to other SBA lenders?
American Momentum Bank has originated 1,896 SBA loans totaling $2.03B 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 Momentum Bank lend in?
American Momentum Bank provides SBA 7(a) financing with particularly strong presence in TX, FL, AZ, GA, MO. 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.
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Explore Industry Reports →Need a Business Valuation?
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