Commonwealth Business Bank: SBA Lending Record

Commonwealth: SBA record

1,682 loans for FY2017 to FY2026 stand against Commonwealth Business Bank. At Commonwealth, gross dollars approved come to $2.06 billion. The Commonwealth book of 1,682 is SBA 7(a) business, with Commonwealth at 0 SBA 504 loans. Commonwealth lists California as its state. Commonwealth holds 1,682 loans now or at last record. For Commonwealth, SBA guarantees 1,682. Earlier holders of the 1,682 do not show. Who first financed a Commonwealth loan is not shown, nor how Commonwealth judges a request.

Commonwealth: class mix

The class view leaves 647 of 1,682 unplaced at Commonwealth. Commonwealth: gas station and truck stop at 269, then hotel and motel at 195, next full-service restaurant at 177. Also at Commonwealth: liquor store at 117, next limited-service restaurant at 87; grocery store at 51. Then at Commonwealth: car wash at 32, then assisted living at 28, next coffee shop and snack bar at 28. Lower at Commonwealth: automotive mechanical repair at 9, dental office at 8, then nonresidential lessor at 6. 647 unplaced loans lead the Commonwealth table, ahead of any class. Commonwealth named classes cover the rest of 1,682.

Commonwealth by state

By state, California leads Commonwealth with 931 loans, then Texas with 258 and Washington with 109. The Commonwealth table continues through Georgia at 102, New York at 36, Oregon at 34, Colorado at 24, Hawaii at 24, Nevada at 16 and Arizona at 15, then smaller counts. Use the Commonwealth spread to see how far 1,682 holdings extend past California.

Commonwealth: cancellations

Commonwealth cancellation floor, FY2017 to FY2024: 11.0% of 1,682 approvals. Our own rule withholds the Commonwealth five-year figure. Commonwealth's cohorts are too small. Commonwealth ceiling: 11.0%, counting undisbursed loans as cancelled. Commonwealth: floor and ceiling meet. Of Commonwealth's 873 FY2017 to FY2021 disbursements, at least 1.0% are charged off to date. At Commonwealth, 1.0% is a floor. Open Commonwealth loans can still be charged off.

Commonwealth: reading the record

Commonwealth offers borrowers facts about holdings, and 1,682 loans are those facts. Commonwealth has another: the 11.0% floor. At Commonwealth, neither fact predicts a decision. A Commonwealth project stands on own numbers. The Commonwealth study should pick out the 1,682 loans that resemble it. For Commonwealth, it should flag the differences. Commonwealth reads the project against 1,682 loans. A cancellation floor of 11.0% at Commonwealth describes the past, not the future.

Commonwealth: the study

With Commonwealth in view, 1,682 loans frame the study, not the Commonwealth decision. For gas station and truck stop, Commonwealth has 269 loans, the nearest comparison. Commonwealth: the study tests fuel volume. Commonwealth needs equipment cost tested too. Show Commonwealth coverage in a slow year too. Commonwealth needs an appraisal that supports it. Commonwealth offers just 647 unplaced loans for an unnamed type. Commonwealth's study makes the case. Commonwealth holds 931 loans in California. Elsewhere, Commonwealth holdings need a reason. The Commonwealth floor of 11.0% is a warning. The Commonwealth study should allow for delay.