AmSouth Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by AmSouth Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 112320 | Broilers and Other Meat Type Chicken Production | 42 | $13.2M | $315K | 3.9% |
| 624410 | Child Care Services | 29 | $3.8M | $133K | 2.7% |
| 811111 | General Automotive Repair | 19 | $3.2M | $166K | 1.8% |
| 621210 | Offices of Dentists | 17 | $3.3M | $192K | 1.6% |
| 541940 | Veterinary Services | 14 | $2.1M | $152K | 1.3% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 13 | $2.5M | $193K | 1.2% |
| 811192 | Car Washes | 9 | $2.6M | $294K | 0.8% |
| 621310 | Offices of Chiropractors | 9 | $713K | $79K | 0.8% |
| 713940 | Fitness and Recreational Sports Centers | 8 | $1.5M | $184K | 0.7% |
| 441110 | New Car Dealers | 7 | $1.9M | $275K | 0.6% |
Geographic Distribution
SBA lending activity for AmSouth Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Tennessee (TN) | 374 | $76.7M | 34.6% |
| Alabama (AL) | 319 | $62.5M | 29.5% |
| Louisiana (LA) | 128 | $25.1M | 11.8% |
| Mississippi (MS) | 119 | $23.3M | 11.0% |
| Florida (FL) | 113 | $19.3M | 10.5% |
| Georgia (GA) | 9 | $2.1M | 0.8% |
| Kentucky (KY) | 10 | $1.1M | 0.9% |
| Texas (TX) | 2 | $307K | 0.2% |
| Wisconsin (WI) | 1 | $145K | 0.1% |
| Oklahoma (OK) | 2 | $95K | 0.2% |
| Arkansas (AR) | 2 | $82K | 0.2% |
| Virginia (VA) | 1 | $80K | 0.1% |
| Missouri (MO) | 1 | $75K | 0.1% |
Why Choose AmSouth Bank?
Based on SBA 7(a) lending track record from 1991-2008
- ✓Proven Track Record: 1,081 SBA loans approved, totaling $210.8M in financing
- ✓Industry Expertise: Specialized focus on Broilers and Other Meat Type Chicken Production, Child Care Services, General Automotive Repair
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 100 months
- ✓Loan Range: Loan sizes from $7K to $1.7M, with an average of $195K
- ✓Nationwide Reach: Active lending in 13 states, with strong presence in TN, AL, LA
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 AmSouth Bank SBA lending
What types of businesses does AmSouth Bank typically finance?
AmSouth Bank specializes in SBA 7(a) lending to specific industries including broilers and other meat type chicken production, child care services, general automotive repair, offices of dentists. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are AmSouth Bank's typical SBA loan terms?
AmSouth Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 100 months (approximately 8 years). Loan sizes range from $7K to $1.7M, with an average loan size of $195K.
Do I need a business valuation for a AmSouth Bank SBA loan?
Yes, AmSouth 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 AmSouth Bank compare to other SBA lenders?
AmSouth Bank has originated 1,081 SBA loans totaling $210.8M since 1991. 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 AmSouth Bank lend in?
AmSouth Bank provides SBA 7(a) financing with particularly strong presence in TN, AL, LA, MS, FL. 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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