American Bank

This is a trusted SBA lender offering small business loans, including SBA 7(a) programs, to help entrepreneurs access capital for growth, equipment, or real estate needs. They provide personalized guidance throughout the loan process to ensure a smooth experience.

It's recommended to schedule an appointment to discuss your loan needs, but walk-in consultations may be available during business hours. Contact the bank in advance to confirm availability and set up a meeting.

The bank's typical hours are Monday through Friday, from 9:00 AM to 5:00 PM. It's best to call ahead to confirm specific hours or to schedule an appointment.

There are no fees for simply visiting or consulting; however, loan processing and application fees may apply depending on the loan type and amount. These fees are disclosed upfront during the application process.

This lender primarily serves small business owners across the country, regardless of residency, provided they meet the eligibility criteria for SBA loans and other requirements.

A minimum personal credit score of around 640 is generally preferred, but higher scores improve the likelihood of approval and favorable terms.

The underwriting process typically takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation.

Most banks keep weekday business hours and are closed on weekends, and American Bank typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call American Bank to confirm current weekend availability before you go.

American Bank is located in Louisiana — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for American Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by American Bank itself, which runs its own lending under its own ownership. If you work at American Bank, you can claim this listing from this page to manage it.

The core details for American Bank — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with American Bank before applying. If you represent American Bank, claim this listing to keep its information up to date.

You can reach American Bank by phone at (985) 898-0206 or online at americanbankusa.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with American Bank before relying on them.

Based on its approved SBA loans, American Bank most often finances businesses in restaurants & food service, construction & contractors, fitness & recreation, wholesale & distribution, general retail, and hotels & lodging. This reflects American Bank's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with American Bank which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether American Bank participates in SBA Express depends on its specific SBA lending authority. Contact American Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.

SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. American Bank can confirm its current PLP standing — ask before you apply if speed matters to you.

American Bank serves start-up companies as part of their SBA financing programs, alongside expanding and established businesses. Confirm specific startup eligibility requirements and documentation needs with American Bank's SBA lending team.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask American Bank what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask American Bank to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with American Bank to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. American Bank weighs this case by case under its own policy, so be upfront about your history and ask American Bank how it evaluates prior bankruptcies.