STRONG
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
96
2010–2025
Total Volume
$61M
Gross loan amounts
States Active
3
With recorded loans
Programs
7(a) & 504
96 total segments
With 46% of their deals being 504 loans, North American Banking Company is a strong option for borrowers seeking real estate financing, which is above the national average of 18%. This indicates they are well-versed in handling larger, property-focused transactions.
The average spread for their 7(a) loans is P+1.59%, which is significantly lower than the national median of P+2.75%. This competitive pricing can save you money on interest over the life of the loan.
The lender shows a strong growth trend with an 86% increase in deals year-over-year. This suggests they are expanding their lending capacity, making it a good time to apply for financing as they may be more open to new borrowers.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 44 504 loans, which use fixed SBA debenture rates.
States where North American Banking Company has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Restaurants & Food Service
Accommodation & Food Services
Wholesale Trade
Wholesale Trade
Social Assistance
Health Care & Social Assistance
Specialty Trade Contractors
Construction
Finance & Insurance
Finance & Insurance
Other Health Practitioners
Health Care & Social Assistance
Other Professional Services
Professional Services
+ 7 more
All recorded SBA lending activity for North American Banking Company, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Minnesota · Restaurants & Food Service · $150K – $350K | 7(a) | 6 | P+1.88% | $238K | Q3 2018 |
| Minnesota · Manufacturing · $150K – $350K | 504 | 5 | — | $216K | Q2 2020 |
| Minnesota · Manufacturing · $500K – $1M | 504 | 4 | — | $841K | Q3 2019 |
| Minnesota · Restaurants & Food Service · $150K – $350K | 504 | 4 | — | $245K | Q4 2013 |
| Minnesota · Social Assistance · Under $150K | 7(a) | 3 | P+1.00% | $82K | Q4 2022 |
| Minnesota · Manufacturing · $1M – $2M | 504 | 3 | — | $1.3M | Q3 2021 |
| Minnesota · Manufacturing · $500K – $1M | 7(a) | 3 | P+0.75% | $711K | Q4 2022 |
| Minnesota · Wholesale Trade · Under $150K | 7(a) | 3 | P+1.20% | $110K | Q3 2021 |
| Minnesota · Social Assistance · $1M – $2M | 504 | 3 | — | $1.5M | Q4 2022 |
| Minnesota · Auto Repair & Maintenance · $150K – $350K | 504 | 2 | — | $282K | Q4 2013 |
| Minnesota · Manufacturing · $150K – $350K | 7(a) | 2 | P+1.50% | $200K | Q2 2016 |
| Minnesota · Wholesale Trade · $150K – $350K | 7(a) | 2 | P+1.13% | $271K | Q3 2021 |
| Minnesota · Restaurants & Food Service · $500K – $1M | 504 | 2 | — | $760K | Q4 2020 |
| Minnesota · Restaurants & Food Service · Under $150K | 7(a) | 2 | P+2.00% | $149K | Q1 2017 |
| Minnesota · Other Professional Services · $1M – $2M | 504 | 2 | — | $1.5M | Q2 2013 |
| Minnesota · Manufacturing · Under $150K | 7(a) | 2 | P+1.00% | $100K | Q1 2020 |
| Minnesota · Restaurants & Food Service · $350K – $500K | 7(a) | 2 | P+0.69% | $402K | Q1 2023 |
| Minnesota · Specialty Trade Contractors · $150K – $350K | 7(a) | 2 | P+2.13% | $225K | Q2 2013 |
| Minnesota · Education · Under $150K | 7(a) | 2 | P+0.88% | $138K | Q3 2018 |
| Minnesota · Other Health Practitioners · Under $150K | 7(a) | 2 | P+1.38% | $65K | Q1 2021 |
| Minnesota · Administrative & Waste Services · $500K – $1M | 7(a) | 1 | P+1.25% | $600K | Q3 2021 |
| Ohio · Hotels & Accommodation · $2M – $5M | 7(a) | 1 | P+1.00% | $3.7M | Q2 2011 |
| Minnesota · Other Health Practitioners · Under $150K | 504 | 1 | — | $79K | Q3 2010 |
| Minnesota · Other Repair & Services · $350K – $500K | 504 | 1 | — | $461K | Q4 2015 |
| Minnesota · Finance & Insurance · $1M – $2M | 504 | 1 | — | $1.5M | Q3 2021 |
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