American Bank: SBA business acquisition lending record
American Bank (home state LA) approved 45 SBA 7(a) loans to buy existing businesses since FY2018, totaling $57.2M. The median loan was $950,000. It ranks number 188 of 280 lenders by count and made 0.1% of all SBA acquisition loans nationally.
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What this tells a borrower
- Deal size it funds. Half of its acquisition loans fell between $400,000 and $1,890,000. If your deal sits well outside that band, this lender may be less practiced at it.
- Geographic reach. Louisiana is the largest state (69% of loans). Loans appear in only 9 states, which points to a regional lender.
- Industry concentration. Hotels (except Casino Hotels) and Motels is 20% of its acquisition loans. The mix is spread across several industries.
- Overall 7(a) volume. 241 SBA 7(a) loans of any purpose since FY2020, totaling $219M. 38% of its acquisition loans were processed under the Preferred Lenders Program.
- Franchise share. 20% of its acquisition loans involved a franchise brand, against 18% for all lenders.
- Seasoned performance. Too few of its loans are old enough to measure a charge-off rate.
American Bank acquisition loans by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 0 | $0 | - | |
| FY2019 | 0 | $0 | - | |
| FY2020 | 0 | $0 | - | |
| FY2021 | 0 | $0 | - | |
| FY2022 | 7 | $5.9M | $674,000 | |
| FY2023 | 6 | $2.8M | $390,000 | |
| FY2024 | 10 | $9.4M | $857,650 | |
| FY2025 | 3 | $5.8M | $1,700,000 | |
| FY2026 | 19 | $33.1M | $1,805,800 |
How often do these acquisition loans fail?
Fewer than 20 American Bank acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
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States served
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Louisiana | 31 | 68.9% | $28.2M | |
| 2 | Mississippi | 4 | 8.9% | $8.2M | |
| 3 | Arkansas | 2 | 4.4% | $5.4M | |
| 4 | Tennessee | 2 | 4.4% | $4.1M | |
| 5 | Pennsylvania | 2 | 4.4% | $1.1M | |
| 6 | Texas | 1 | 2.2% | $3.8M | |
| 7 | Georgia | 1 | 2.2% | $3.4M | |
| 8 | Florida | 1 | 2.2% | $1.8M | |
| 9 | Virginia | 1 | 2.2% | $1.1M |
Industries financed
| # | Industry | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Hotels (except Casino Hotels) and Motels | 9 | 20.0% | $21.3M | |
| 2 | General Automotive Repair | 3 | 6.7% | $2.4M | |
| 3 | Insurance Agencies and Brokerages | 2 | 4.4% | $1.4M | |
| 4 | Home Health Care Services | 2 | 4.4% | $1.2M | |
| 5 | Wood Window and Door Manufacturing | 2 | 4.4% | $1.2M | |
| 6 | Medical Laboratories | 1 | 2.2% | $3.8M | |
| 7 | Other Heavy and Civil Engineering Construction | 1 | 2.2% | $3.1M | |
| 8 | Hardware Retailers | 1 | 2.2% | $2.4M | |
| 9 | Gasoline Stations with Convenience Stores | 1 | 2.2% | $2M |
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Franchise brands financed
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Sleep Inn | 1 | 2.2% | $4.2M | |
| 2 | Comfort Suites | 1 | 2.2% | $3.4M | |
| 3 | Ace Hardware | 1 | 2.2% | $2.4M | |
| 4 | Extended Stay America Suites | 1 | 2.2% | $2.1M | |
| 5 | Baymont | 1 | 2.2% | $1.9M | |
| 6 | Econo Lodge | 1 | 2.2% | $1.1M | |
| 7 | Studio 6 | 1 | 2.2% | $993K |
Questions buyers ask
Does American Bank make SBA acquisition loans?
Yes. American Bank approved 45 SBA 7(a) loans to buy existing businesses from FY2018 to FY2026, ranking number 188 of 280 lenders with 25 or more such loans. The SBA file shows past approvals only; it cannot tell you whether the lender will approve a particular buyer or deal.
How large are American Bank's acquisition loans?
The median was $950,000, with the middle half between $400,000 and $1,890,000. The national median is $645,250, so this lender's typical loan is 47% higher than the national figure.
Which states does American Bank lend in?
Louisiana (31), Mississippi (4), Arkansas (2), Tennessee (2), Pennsylvania (2), Texas (1). Its loans appear in 9 states, so it is closer to a regional lender.
Which industries does American Bank finance?
Hotels (except Casino Hotels) and Motels (9), General Automotive Repair (3), Insurance Agencies and Brokerages (2), Home Health Care Services (2), Wood Window and Door Manufacturing (2). The top industry is 20% of its acquisition loans.
How have American Bank's acquisition loans performed?
Fewer than 20 of this lender's loans are old enough to measure. The national benchmark is 3.5% for the FY2018 to FY2021 cohort.
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Related
- Louisiana acquisitions
- Mississippi acquisitions
- Arkansas acquisitions
- Hotels (except Casino Hotels) and Motels
- General Automotive Repair
- Insurance Agencies and Brokerages
- All lenders
Figures are aggregates of public SBA data. This page is not provided or endorsed by American Bank.