Home Bank, National Association: SBA business acquisition lending record
Home Bank, National Association (home state LA) approved 33 SBA 7(a) loans to buy existing businesses since FY2018, totaling $44.4M. The median loan was $1,060,000. It ranks number 235 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 $620,000 and $1,650,700. If your deal sits well outside that band, this lender may be less practiced at it.
- Geographic reach. Texas is the largest state (79% of loans). Loans appear in only 2 states, which points to a regional lender.
- Industry concentration. Gasoline Stations with Convenience Stores is 39% of its acquisition loans. This is a specialist pattern.
- Overall 7(a) volume. 58 SBA 7(a) loans of any purpose since FY2020, totaling $71M. 82% of its acquisition loans were processed under the Preferred Lenders Program.
- Franchise share. 42% of its acquisition loans involved a franchise brand, against 18% for all lenders.
- Seasoned performance. Of its loans from FY2018 to FY2021: none charged off, against the 3.5% national average.
Home Bank, National Association acquisition loans by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 5 | $6M | $1,355,000 | |
| FY2019 | 2 | $2.2M | $1,077,000 | |
| FY2020 | 7 | $9.6M | $1,444,400 | |
| FY2021 | 6 | $11.5M | $1,857,800 | |
| FY2022 | 1 | $4.2M | $4,200,000 | |
| FY2023 | 6 | $5.5M | $676,750 | |
| FY2024 | 2 | $1.9M | $928,800 | |
| FY2025 | 3 | $3M | $822,500 | |
| FY2026 | 1 | $473K | $472,700 |
How often do these acquisition loans fail?
Of the 20 Home Bank, National Association acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), none have been charged off by the SBA. 14 have already been paid in full.
For comparison, Home Bank, National Association has none charged off, against the 3.5% average across all SBA 7(a) acquisition loans in the same cohort. 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
Industries financed
| # | Industry | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Gasoline Stations with Convenience Stores | 13 | 39.4% | $25.6M | |
| 2 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 2 | 6.1% | $1.6M | |
| 3 | Other Personal Care Services | 2 | 6.1% | $1.4M | |
| 4 | Hotels (except Casino Hotels) and Motels | 1 | 3.0% | $2.7M | |
| 5 | Hardware Merchant Wholesalers | 1 | 3.0% | $2.6M | |
| 6 | All Other Specialty Trade Contractors | 1 | 3.0% | $1.7M | |
| 7 | Landscaping Services | 1 | 3.0% | $1.7M | |
| 8 | Other Construction Material Merchant Wholesalers | 1 | 3.0% | $1.4M | |
| 9 | Child Care Services | 1 | 3.0% | $1.2M | |
| 10 | Pharmacies and Drug Retailers | 1 | 3.0% | $823K |
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Franchise brands financed
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Massage Heights | 2 | 6.1% | $1.4M | |
| 2 | Quality Inn | 1 | 3.0% | $2.7M | |
| 3 | Classic Star Group (Distributor) | 1 | 3.0% | $2.6M | |
| 4 | King Fuels | 1 | 3.0% | $1.4M | |
| 5 | SEI Fuel Services | 1 | 3.0% | $1.4M | |
| 6 | Empire Petroleum Partners | 1 | 3.0% | $1.1M |
Questions buyers ask
Does Home Bank, National Association make SBA acquisition loans?
Yes. Home Bank, National Association approved 33 SBA 7(a) loans to buy existing businesses from FY2018 to FY2026, ranking number 235 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 Home Bank, National Association's acquisition loans?
The median was $1,060,000, with the middle half between $620,000 and $1,650,700. The national median is $645,250, so this lender's typical loan is 64% higher than the national figure.
Which states does Home Bank, National Association lend in?
Texas (26), Louisiana (7). Its loans appear in 2 states, so it is closer to a regional lender.
Which industries does Home Bank, National Association finance?
Gasoline Stations with Convenience Stores (13), Supermarkets and Other Grocery Retailers (except Convenience Retailers) (2), Other Personal Care Services (2), Hotels (except Casino Hotels) and Motels (1), Hardware Merchant Wholesalers (1). The top industry is 39% of its acquisition loans.
How have Home Bank, National Association's acquisition loans performed?
Of 20 loans approved FY2018 to FY2021: none charged off, against the 3.5% national acquisition average. Charge-offs reflect the borrowers and industries a lender serves as well as its underwriting.
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Submit Transaction DetailsAlex Lubyansky leads every engagement.
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Related
- Texas acquisitions
- Louisiana acquisitions
- Gasoline Stations with Convenience Stores
- Supermarkets and Other Grocery Retailers (except Convenience Retailers)
- Other Personal Care Services
- All lenders
Figures are aggregates of public SBA data. This page is not provided or endorsed by Home Bank, National Association.