The American National Bank of Mount Pleasant
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The American National Bank of Mount Pleasant · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 624410 | Child Care Services | 2 | $55K | $28K | 50.0% |
Geographic Distribution
SBA lending activity for The American National Bank of Mount Pleasant by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 4 | $200K | 100.0% |
Why Choose The American National Bank of Mount Pleasant?
Based on SBA 7(a) lending track record from 1997-2005
- ✓Proven Track Record: 4 SBA loans approved, totaling $200K in financing
- ✓Industry Expertise: Specialized focus on Child Care Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 81 months
- ✓Loan Range: Loan sizes from $25K to $92K, with an average of $50K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in TX
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 The American National Bank of Mount Pleasant SBA lending
What types of businesses does The American National Bank of Mount Pleasant typically finance?
The American National Bank of Mount Pleasant specializes in SBA 7(a) lending to specific industries including child care services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The American National Bank of Mount Pleasant's typical SBA loan terms?
The American National Bank of Mount Pleasant's SBA 7(a) loans typically feature an average interest rate of — and average term length of 81 months (approximately 7 years). Loan sizes range from $25K to $92K, with an average loan size of $50K.
Do I need a business valuation for a The American National Bank of Mount Pleasant SBA loan?
Yes, The American National Bank of Mount Pleasant 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 The American National Bank of Mount Pleasant compare to other SBA lenders?
The American National Bank of Mount Pleasant has originated 4 SBA loans totaling $200K since 1997. 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 The American National Bank of Mount Pleasant lend in?
The American National Bank of Mount Pleasant provides SBA 7(a) financing with particularly strong presence in TX. 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.