American National Bank and Trust Company of Muncie
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by American National Bank and Trust Company of Muncie · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 488999 | All Other Support Activities for Transportation | 1 | $100K | $100K | 14.3% |
| 812990 | All Other Personal Services | 1 | $120K | $120K | 14.3% |
| 561990 | All Other Support Services | 1 | $6K | $6K | 14.3% |
| 445291 | Baked Goods Retailers | 1 | $50K | $50K | 14.3% |
Geographic Distribution
SBA lending activity for American National Bank and Trust Company of Muncie by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Indiana (IN) | 6 | $388K | 85.7% |
| Illinois (IL) | 1 | $47K | 14.3% |
Why Choose American National Bank and Trust Company of Muncie?
Based on SBA 7(a) lending track record from 2000-2003
- ✓Proven Track Record: 7 SBA loans approved, totaling $436K in financing
- ✓Industry Expertise: Specialized focus on All Other Support Activities for Transportation, All Other Personal Services, All Other Support Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 75 months
- ✓Loan Range: Loan sizes from $6K to $120K, with an average of $62K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in 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 National Bank and Trust Company of Muncie SBA lending
What types of businesses does American National Bank and Trust Company of Muncie typically finance?
American National Bank and Trust Company of Muncie specializes in SBA 7(a) lending to specific industries including all other support activities for transportation, all other personal services, all other support services, baked goods retailers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are American National Bank and Trust Company of Muncie's typical SBA loan terms?
American National Bank and Trust Company of Muncie's SBA 7(a) loans typically feature an average interest rate of — and average term length of 75 months (approximately 6 years). Loan sizes range from $6K to $120K, with an average loan size of $62K.
Do I need a business valuation for a American National Bank and Trust Company of Muncie SBA loan?
Yes, American National Bank and Trust Company of Muncie 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 National Bank and Trust Company of Muncie compare to other SBA lenders?
American National Bank and Trust Company of Muncie has originated 7 SBA loans totaling $436K since 2000. 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 National Bank and Trust Company of Muncie lend in?
American National Bank and Trust Company of Muncie provides SBA 7(a) financing with particularly strong presence in 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.
Get your certified valuation from Fair Market Value.