Old National Bank: SBA Lending Record

$1.79 billion in gross dollars sits behind Old National Bank's 2,213 approved loans, FY2017 to FY2026. Old National Bank shows 2,213 7(a) loans, and no 504 loans. For 2,213 loans, SBA's record names Old National Bank as the lender. Old National Bank does not guarantee 2,213 loans; SBA does.

Old National Bank: classes and states

Old National Bank puts its largest named classes at Full-service restaurant, 120, Fitness center, 75, Limited-service restaurant, 54, Child care center, 50 and Beauty salon, 42 loans. 1,642 loans, the biggest Old National Bank group, sit outside the tracked classes. Old National Bank by state: Minnesota, 841, Indiana, 265, Wisconsin, 261, Michigan, 178 and Illinois, 164 loans.

Old National Bank outcome floors

Old National Bank approvals cancelled after approval, FY2017 to FY2024: 8.9%, a floor. 9.7% is the Old National Bank ceiling, counting undisbursed approvals as cancelled. 3.6% is the Old National Bank charge-off floor. The cohort of 934 Old National Bank loans was disbursed in FY2017 to FY2021. Old National Bank cohort loans charged off within five years: 2.2%. Old National Bank: read each rate as a floor.

Old National Bank record and a borrower's study

Old National Bank: 120 loans in the Full-service restaurant class. Old National Bank study needs occupancy cost. Old National Bank: labour and food cost remains open across 120 Full-service restaurant loans. Old National Bank study also needs seating demand. 75 loans of Old National Bank fall in the Fitness center class. Old National Bank study must prove membership demand. 75 Fitness center loans leave club pricing open. Old National Bank total of $1.79 billion says nothing about any one site. Old National Bank also has 1,642 loans in no tracked class. At Old National Bank, the project must carry the case. For 841 Old National Bank loans in Minnesota, local evidence still decides. Old National Bank should be asked directly what it needs. Old National Bank shows 2,213 loans, not demand at any one site. Old National Bank: competing supply near the site matters most. Old National Bank study revenue assumptions need written support. Old National Bank request: build cost quoted, not assumed. Old National Bank request: coverage holds on cautious revenue.An appraiser values the real estate separately, and Old National Bank figures do not stand in for that work. Old National Bank study needs a downside case in writing. Old National Bank: assumptions stated, coverage tested, value supported. Old National Bank lists 2,213 loans and $1.79 billion in gross approvals. Old National Bank equity belongs in the study.

Old National Bank cancellation floors stop at FY2024 approvals. Old National Bank totals take in FY2025 and FY2026 approvals. Old National Bank cohort: 934 loans disbursed in FY2017 to FY2021. Old National Bank figures describe loans held, not lender practices. 2,213 loans cannot predict one new request to Old National Bank.