One American Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by One American Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 8 | $1.5M | $186K | 33.3% |
| 238210 | Electrical Contractors | 8 | $1.8M | $225K | 33.3% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 8 | $2.8M | $349K | 33.3% |
Geographic Distribution
SBA lending activity for One American Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| South Dakota (SD) | 24 | $6.1M | 100.0% |
Why Choose One American Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 24 SBA loans approved, totaling $6.1M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Electrical Contractors, Plumbing, Heating, and Air-Conditioning Contractors
- ✓Competitive Terms: Average interest rate of 5.93% with flexible term lengths averaging 108 months
- ✓Loan Range: Loan sizes from $186K to $349K, with an average of $253K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in SD
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 One American Bank SBA lending
What types of businesses does One American Bank typically finance?
One American Bank specializes in SBA 7(a) lending to specific industries including limited-service restaurants, electrical contractors, plumbing, heating, and air-conditioning contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are One American Bank's typical SBA loan terms?
One American Bank's SBA 7(a) loans typically feature an average interest rate of 5.93% and average term length of 108 months (approximately 9 years). Loan sizes range from $186K to $349K, with an average loan size of $253K.
Do I need a business valuation for a One American Bank SBA loan?
Yes, One American 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 One American Bank compare to other SBA lenders?
One American Bank has originated 24 SBA loans totaling $6.1M 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 One American Bank lend in?
One American Bank provides SBA 7(a) financing with particularly strong presence in SD. 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?
Professional valuations are often required for SBA loans over $250,000.
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