American Bank
Headquartered in COVINGTON, LA. Analysis based on 222 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $175.5M.
Total 7(a) loans
222
Total approved
$175.5M
Average loan
$791K
States funded in
9
Charge-off rate
1.72%
FY2020–FY2023 cohort
Paid-in-full rate
12.07%
Average rate
9.37%
Average term
166 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 722511 | Full-Service Restaurants | 25 |
| 721110 | Hotels (except Casino Hotels) and Motels | 10 |
| 722513 | Limited-Service Restaurants | 10 |
| 713940 | Fitness and Recreational Sports Centers | 7 |
| 722515 | Snack and Nonalcoholic Beverage Bars | 5 |
| 445110 | Supermarkets and Other Grocery (except Convenience) Stores | 4 |
| 424470 | Meat and Meat Product Merchant Wholesalers | 4 |
| 423450 | Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesal | 4 |
| 238330 | Flooring Contractors | 4 |
| 621610 | Home Health Care Services | 4 |
Top 10 states
| State | Loans |
|---|---|
| LA | 197 |
| PA | 7 |
| MS | 6 |
| AL | 3 |
| OH | 3 |
| FL | 2 |
| TX | 2 |
| MT | 1 |
| CA | 1 |
Top franchise brands financed
23 franchise loans across 16 distinct brands.
| Franchise | Loans |
|---|---|
| Planet Beach | 2 |
| Extended Stay America Suites f | 2 |
| PJ's Coffee of New Orleans | 2 |
| Best Choice Roofing | 2 |
| Sonesta Simply Suites | 2 |
| Sonesta ES Suites | 2 |
| T-SWIRL CREPE | 2 |
| Johnny's Pizza House | 1 |
| Blue Kangaroo Packoutz | 1 |
| Luv 2 Play | 1 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.