Advertiser disclosure: Some links on this page earn us a commission. Compensation never affects our data, our rankings, or which lenders we cover. How we make money.
SBA lender · 7(a) program
American Bank and Trust
American Bank and Trust has approved 25 SBA loans worth $14.2M since FY2010. Everything below comes from the SBA’s own loan-level records.
National rank
-
<0.01% of all SBA dollars
Total approved
$14.2M
FY2010 onward
Loans
25
Median loan
$249,000
+38% vs national
Median rate
6.25%
-0.50 pts vs national
Charge-off rate
-
Cohort too small
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Reading the record
What American Bank and Trust’s numbers say
American Bank and Trust sits in the long tail of the SBA lending field, having approved 25 loans for a gross total of $14.2M since fiscal 2010. Its median loan of $249,000 is substantially larger than the $180,000 national median, a pattern that usually signals a focus on real-estate-backed or acquisition deals rather than small working-capital notes.
The median initial note rate across its 7(a) approvals is 6.25%, 0.50 points below the national median of 6.75%. Rate medians drawn across fifteen years reflect the mix of loan sizes and vintages a lender wrote as much as its pricing posture - a lender that grew fastest during a high-rate stretch will look expensive here even if its spread was ordinary.
Roughly 38% of its approvals with a recorded business age went to startups or businesses two years old or less, against 27% nationally - a meaningfully greater appetite for startups than the average SBA lender.
Where American Bank and Trust lends
| State | Loans | Share |
|---|---|---|
| South Dakota | 23 | |
| Iowa | 2 |
Franchise brands American Bank and Trust financed
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| Pizza Ranch | 1 | $375K | |
| Best Western | 1 | $1.7M |
Brands with the most American Bank and Trust SBA loans, among brands with at least 10 loans in the file. Compare lenders across all franchise lending on SBA lenders for franchises.
American Bank and Trust made 6 of these loans under the SBA Express programme, median $102,750. Compare SBA Express lenders.
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
A different SBA 7(a) lender
SmartBiz is a separate company from American Bank and Trust. An SBA 7(a) lender and marketplace for loans up to $500,000, plus bank term loans and custom financing. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
Questions about American Bank and Trust
- How many SBA loans has American Bank and Trust approved?
- American Bank and Trust has approved 25 SBA loans totalling $14,213,700 in gross approvals from fiscal year 2010 through the most recent SBA data release. That places it outside the top 500 among all SBA lenders by dollars approved.
- What is the typical American Bank and Trust SBA loan size?
- The median gross approval is $249,000, with the middle 80% of loans falling between $42,500 and $1,680,000. The national median across all SBA lenders is $180,000.
- What interest rate does American Bank and Trust charge on SBA 7(a) loans?
- The median initial note rate on American Bank and Trust's 7(a) approvals is 6.25%, compared with a national median of 6.75%. This is a historical median across all approvals since FY2010, not a quote - SBA 7(a) rates are pegged to a base rate that moves, and your rate depends on loan size, term, and credit profile.
Where to go from here
We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.