GBC International Bank: SBA Lending Record

GBC International Bank in the SBA file

GBC International Bank has 464 loans and $442.9 million in gross dollars approved across FY2017 to FY2026 in SBA's records. SBA 7(a) is the only program, and SBA shows CA for GBC International Bank. The figures describe loans that SBA shows the bank holding or having held last; for the 464 loans SBA provides the guarantee, and a 7(a) loan is credited to the latest holder. The page does not say what GBC International Bank requires.

Restaurants dominate the named classes

Of the 464 loans, 292 have no named class. Full-service restaurants have 84 loans, the limited-service restaurant 41, and gas stations and truck stops and grocery stores 8 each, with hotels and motels at 7. California holds 286 loans, Washington 142, South Dakota 12 and Utah 6.

After approval: cancellations and charge-offs

Take the FY2017 through FY2024 approvals. 8.9% is the cancellation floor. We hold back the ceiling on cancellations by Loan Analytics' own rule, because the loans behind it number too few, so the blank is not a zero. For GBC International Bank the cohort charge-off rate is left out under its own rule, on a cohort of under 30 loans; a blank is never a zero.

A study for a restaurant

A full-service restaurant, at 84 loans, is the class with real depth. A study for one should follow sales per seat, kitchen and service labour, covers served at a believable check and the rent the location supports. A limited-service study tests drive-through volume and margin after labour. A grocery or fuel study tests basket size or fuel gallons against thin margins. With 292 loans unclassified, other property types rely on their own evidence.

California and Washington

The weight sits in California and Washington. A project in either state is near the file's centre; a project in South Dakota or Utah has only a handful of comparable holdings. State this plainly in the study, show whether income covers debt service in a good year and a bad one, and rest the loan on a figure an appraiser will stand behind.

Reading the thin parts

Only the restaurant classes carry real counts, 84 and 41, and the others, 8 and 7, are too small to read as a pattern. Of the 464 loans, 292 sit in no class, and two outcome rates are suppressed, which leaves the 8.9% cancellation floor as the single measure of what happened after approval. The state table is clearer: California at 286 and Washington at 142 account for most of the book.