Atlantic Union Bank: SBA Lending Record

Atlantic Union Bank: loans and programs

Atlantic Union Bank stands at 403 approved loans and $253.0 million gross, FY2017 to FY2026. All 403 loans at Atlantic Union Bank are 7(a); 0 are 504. These 403 loans are ones that SBA shows Atlantic Union Bank holding, now or before. Atlantic Union Bank does not guarantee these 403 loans; SBA does. Counts for Atlantic Union Bank describe records only. In SBA's file, Atlantic Union Bank sits in VA.

Classes and places for Atlantic Union Bank

The tracked classes leave 278 of Atlantic Union Bank's 403 loans unclassified. In order of loans the classes for Atlantic Union Bank are Fitness center (26), Limited-service restaurant (17), Full-service restaurant (15), Child care center (15), Automotive mechanical repair (car and truck) (13), Beauty salon (9), Medical office (physicians) (6), Coffee shop and snack bar (5). Anyone planning Fitness center can look at 26 loans on the record of Atlantic Union Bank. Limited-service restaurant follows with 17 loans at Atlantic Union Bank. In Full-service restaurant, Atlantic Union Bank shows 15 loans. Maryland follows with 94 loans in the Atlantic Union Bank record. Geography for Atlantic Union Bank follows this order: Virginia (232), Maryland (94), North Carolina (14), District of Columbia (11), Texas (10), Colorado (5), Pennsylvania (5). Lender state in the file: VA, yet the most loans sit in Virginia.

What SBA records on outcomes for Atlantic Union Bank

The cancellation floor for Atlantic Union Bank on FY2017 to FY2024 approvals is 10.4%, while the ceiling for Atlantic Union Bank, with undisbursed loans treated as cancelled, matches 10.4%. Atlantic Union Bank shows floors, not final rates, and later write-offs inside the group can only raise it. For Atlantic Union Bank the FY2017 to FY2021 disbursements are too few for any charge-off floor to print; Loan Analytics requires 30 loans first.

What a study should test with Atlantic Union Bank

A study for Fitness center taken to Atlantic Union Bank must test demand at the start. A study of Limited-service restaurant also weighs the cost to build; Atlantic Union Bank shows 17 loans in that class. Debt service coverage comes next, and $253.0 million across 403 loans at Atlantic Union Bank cannot settle it for a project. Last stands the appraisal, which no count of 15 Full-service restaurant loans at Atlantic Union Bank can displace. A borrower in Virginia can look at 232 loans in the Atlantic Union Bank record, and one in Maryland, 94. Atlantic Union Bank alone decides what it expects. Nothing implies approval, and Atlantic Union Bank sets its own terms.