Metro City Bank: SBA business acquisition lending record
Metro City Bank (home state GA) approved 412 SBA 7(a) loans to buy existing businesses since FY2018, totaling $850M. The median loan was $1,721,000. It ranks number 20 of 280 lenders by count and made 0.8% of all SBA acquisition loans nationally.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsSBA-financed deals. All 50 states.
What this tells a borrower
- Deal size it funds. Half of its acquisition loans fell between $781,250 and $3,100,000. If your deal sits well outside that band, this lender may be less practiced at it.
- Geographic reach. Georgia is the largest state (41% of loans). Loans appear in at least 15 states, which points to a national lender.
- Industry concentration. Gasoline Stations with Convenience Stores is 22% of its acquisition loans. The mix is spread across several industries.
- Overall 7(a) volume. 844 SBA 7(a) loans of any purpose since FY2020, totaling $1.5B. 94% of its acquisition loans were processed under the Preferred Lenders Program.
- Franchise share. 22% of its acquisition loans involved a franchise brand, against 18% for all lenders.
- Seasoned performance. Of its loans from FY2018 to FY2021: 1.3% charged off, 62% lower than the 3.5% national average.
Metro City Bank acquisition loans by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 36 | $68.5M | $1,750,000 | |
| FY2019 | 69 | $132M | $1,600,000 | |
| FY2020 | 53 | $113M | $1,650,000 | |
| FY2021 | 68 | $160M | $2,060,000 | |
| FY2022 | 38 | $95.5M | $2,111,250 | |
| FY2023 | 28 | $53.4M | $1,400,000 | |
| FY2024 | 46 | $80.5M | $1,309,000 | |
| FY2025 | 38 | $79.6M | $1,592,500 | |
| FY2026 | 36 | $68.2M | $1,435,000 |
How often do these acquisition loans fail?
Of the 226 Metro City Bank acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), 3 have been charged off by the SBA, a rate of 1.3% by loan count and 0.2% by dollars. 132 have already been paid in full.
For comparison, the charge-off rate across all SBA 7(a) acquisition loans in the same cohort is 3.5%, so Metro City Bank is 62% lower than the acquisition-loan average. 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.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
States served
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Georgia | 170 | 41.3% | $415M | |
| 2 | Texas | 124 | 30.1% | $251M | |
| 3 | Washington | 21 | 5.1% | $27.7M | |
| 4 | New York | 16 | 3.9% | $27.5M | |
| 5 | Pennsylvania | 11 | 2.7% | $18.7M | |
| 6 | California | 9 | 2.2% | $19.9M | |
| 7 | Oklahoma | 9 | 2.2% | $12.5M | |
| 8 | Florida | 9 | 2.2% | $12.2M | |
| 9 | Tennessee | 8 | 1.9% | $15M | |
| 10 | South Carolina | 7 | 1.7% | $6.2M | |
| 11 | Alabama | 4 | 1.0% | $11.8M | |
| 12 | North Carolina | 4 | 1.0% | $3.9M | |
| 13 | Virginia | 4 | 1.0% | $1.7M | |
| 14 | Louisiana | 3 | 0.7% | $10.6M | |
| 15 | Kansas | 3 | 0.7% | $4.3M |
Industries financed
| # | Industry | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Gasoline Stations with Convenience Stores | 89 | 21.6% | $145M | |
| 2 | Beer, Wine, and Liquor Retailers | 78 | 18.9% | $261M | |
| 3 | Car Washes | 42 | 10.2% | $144M | |
| 4 | Hotels (except Casino Hotels) and Motels | 40 | 9.7% | $110M | |
| 5 | Limited-Service Restaurants | 27 | 6.6% | $18.3M | |
| 6 | Full-Service Restaurants | 26 | 6.3% | $21.6M | |
| 7 | Broilers and Other Meat Type Chicken Production | 17 | 4.1% | $33.4M | |
| 8 | Chicken Egg Production | 16 | 3.9% | $22M | |
| 9 | Coin-Operated Laundries and Drycleaners | 14 | 3.4% | $25.1M | |
| 10 | Convenience Retailers | 14 | 3.4% | $9.7M |
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentFree consultation. All 50 states.
Franchise brands financed
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Sunoco | 8 | 1.9% | $14.7M | |
| 2 | American Deli | 7 | 1.7% | $2.5M | |
| 3 | Classic Star Group (Distributor) | 5 | 1.2% | $9.8M | |
| 4 | SEI Fuel Services | 4 | 1.0% | $8.9M | |
| 5 | Comfort Inn | 3 | 0.7% | $13M | |
| 6 | Motel 6 | 3 | 0.7% | $5.8M | |
| 7 | Hampton Inn | 2 | 0.5% | $8.4M | |
| 8 | Quality Inn | 2 | 0.5% | $8.1M | |
| 9 | Country Inn and Suites by Radisson | 2 | 0.5% | $8M | |
| 10 | La Quinta | 2 | 0.5% | $7.9M |
Questions buyers ask
Does Metro City Bank make SBA acquisition loans?
Yes. Metro City Bank approved 412 SBA 7(a) loans to buy existing businesses from FY2018 to FY2026, ranking number 20 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 Metro City Bank's acquisition loans?
The median was $1,721,000, with the middle half between $781,250 and $3,100,000. The national median is $645,250, so this lender's typical loan is 167% higher than the national figure.
Which states does Metro City Bank lend in?
Georgia (170), Texas (124), Washington (21), New York (16), Pennsylvania (11), California (9). Its loans span at least 15 states.
Which industries does Metro City Bank finance?
Gasoline Stations with Convenience Stores (89), Beer, Wine, and Liquor Retailers (78), Car Washes (42), Hotels (except Casino Hotels) and Motels (40), Limited-Service Restaurants (27). The top industry is 22% of its acquisition loans.
How have Metro City Bank's acquisition loans performed?
Of 226 loans approved FY2018 to FY2021: 1.3% charged off, 62% lower than the 3.5% national acquisition average. Charge-offs reflect the borrowers and industries a lender serves as well as its underwriting.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options
Related
- Georgia acquisitions
- Texas acquisitions
- Washington acquisitions
- Gasoline Stations with Convenience Stores
- Beer, Wine, and Liquor Retailers
- Car Washes
- All lenders
Figures are aggregates of public SBA data. This page is not provided or endorsed by Metro City Bank.