Mission Valley Bank: SBA Lending Record

Mission Valley Bank: loans and programs

382 approved loans, $606.0 million gross, tie to Mission Valley Bank across FY2017 to FY2026. The guarantee on 382 loans of Mission Valley Bank is SBA's alone. Counts for Mission Valley Bank describe records only. SBA lists Mission Valley Bank with the lender state CA. SBA records Mission Valley Bank as holding, or having held, these 382 loans. Program split at Mission Valley Bank: 382 for 7(a), 0 for 504.

Where the loans of Mission Valley Bank sit

The followed classes leave 205 of Mission Valley Bank's 382 loans out of view. In order of loans the classes for Mission Valley Bank are Hotel and motel (43), Limited-service restaurant (21), Gas station and truck stop (19), Full-service restaurant (19), Coffee shop and snack bar (13), Automotive mechanical repair (car and truck) (9), Assisted living (without nursing care) (7), Fitness center (7). The smallest followed class is Child care center, at 5. A sponsor planning Hotel and motel can look at 43 loans on the record of Mission Valley Bank. Limited-service restaurant follows with 21 loans at Mission Valley Bank. Gas station and truck stop comes third at Mission Valley Bank, with 19 loans. Texas follows with 30 loans in the Mission Valley Bank record. Loans of Mission Valley Bank by state begin with California (216), Texas (30), Arizona (19), Florida (11), Washington (11), Ohio (8), Georgia (6), Illinois (6), Oklahoma (6), Oregon (6). New York ends the state list at 5. CA is the lender state; California holds the most loans, 216.

Mission Valley Bank: cancellations and losses

The cancellation floor for Mission Valley Bank is 11.9% on FY2017 to FY2024 approvals. The ceiling for Mission Valley Bank is not printed, since Loan Analytics requires 30 loans in a group to print one, and for Mission Valley Bank the upper bound stays blank, which is not zero. Mission Valley Bank shows floors, not final rates, so later charge-offs in the cohort would raise it. Loan Analytics holds back the charge-off floor for Mission Valley Bank on FY2017 to FY2021 disbursements, as fewer than 30 loans qualify; it is not shown as a zero.

The Mission Valley Bank record and a feasibility study

Hotel and motel at Mission Valley Bank opens with a demand test. A study of Limited-service restaurant then checks development cost; Mission Valley Bank shows 21 loans in that class. The coverage of debt service follows, and $606.0 million across 382 loans at Mission Valley Bank never settles it for any one project. An appraisal is needed too, and 19 Gas station and truck stop loans at Mission Valley Bank cannot do its job. An applicant in California can look at 216 loans in the Mission Valley Bank record, and one in Texas, 30. Mission Valley Bank alone knows what it expects. Nothing guarantees approval, and Mission Valley Bank sets its own terms.