Community Bank, National Association: SBA Lending Record

Community Bank, National Association in SBA data

Community Bank, National Association has 256 loans and $46.4 million in gross approvals in SBA's FY2017 through FY2026 records. The loans are all SBA 7(a), and SBA lists NY. Those are loans that SBA shows the lender holding or having held last, and SBA backs those 256 loans with its guarantee. A reassigned loan is shown under its later holder. Nothing here describes Community Bank, National Association's standards.

New York and Pennsylvania

New York accounts for 195 loans and Pennsylvania for 50. Of the 256, 169 have no named class. The biggest of the rest is the full-service restaurant, at 21, the fitness center and the limited-service restaurant have 11 each, and child care and coffee shops 6 each.

Cancellations and charge-offs

Cancelled after approval, FY2017 to FY2024: 10.6% minimum, 10.6% maximum, undisbursed loans included. We hold back the cohort charge-off rate under Loan Analytics' own threshold, since the cohort numbers under 30 loans; a blank is not a zero.

Studies this record supports

A full-service restaurant study needs to test sales per seat, table turns and the rent the site can carry. A fitness center study should examine the size of the membership base, how fast it turns over and the fit-out cost. A limited-service study should examine counter and drive-through volume against labour cost. A child care study needs to test licensed capacity and staffing ratios. With 169 loans without a named class, an unlisted property type has little precedent, and a project outside New York and Pennsylvania has none in the state table. The study should show debt service coverage on expected income and on lower income, allow for delay between approval and closing, and end in an appraised value that holds.

Scope of the file

The record is small: 256 loans and $46.4 million. Of those, 195 loans are in New York and 50 in Pennsylvania, which makes the file local. The class counts of 21, 11 and 11 are small, so a reader should not infer a specialty. The cancellation range sits at 10.6%, with the floor and the ceiling equal, and the charge-off rate is suppressed, so the file offers no read on losses. A borrower's own study has to fill that gap.