American Bank will be closed on Thursday, November 28th for Thanksgiving Day. Drive-up lanes at the south Louisiana branches will be open from 9am-12pm on Friday, November 29th. The Coushatta location will be closed Friday, November 29th.
Please use our Night Depositories or ATMs in Mandeville, Covington, Terrytown, and Coushatta for deposits. All ATMs are available for withdrawals. ACH and Mobile Deposits will not be processed until Friday, the 29th.
Why SBA?
Description
Loan Amounts up to $5,000,000 |
Revolving Lines of Credit up to $500,000 |
Loan Terms up to 25 years |
Benefits
Longer Repayment Terms and Maturity |
Lower Equity Injection Requirement |
No Balloon Payments, all SBA loans are fully amortizing |
Leasehold Improvements
Furniture or Fixtures
Machinery and Equipment
Supplies, Inventory, Raw Materials
Permanent and Revolving Working Capital
Purchase of commercial real estate, including construction and renovations
Business Acquisitions/Partner Buyouts
Refinance Existing Debt
Meet Our Team
Jeff Adams
(985) 230-2320
NMLS# 498494
Janelle Givens
(318) 932-5776
NMLS# 946555
Brandi Harris
(985) 230-2321
NMLS# 685997
Why American Bank?
We’re Committed to Small Businesses
At American Bank, we’re committed to our communities and the small businesses that make them successful. Let us help your business reach its goals!
Dedicated Team of Local Bankers
Our team of bankers live, and have grown up in the areas we serve. We know the needs of our customers, and strive to serve our communities.
Experienced in SBA Lending
American Bank employs some of the most experienced SBA experts in the state of Louisiana. You can be confident that when you come to us for your SBA loan, you are getting accurate information, and top-quality service.
1 By number of loans, per SBA ranking as of December 31, 2022