The Bancorp Bank National Association: SBA Lending Record

The Bancorp Bank National Association in SBA data

The Bancorp Bank National Association is credited with 1,296 loans and $1.18 billion in gross dollars approved over the FY2017 to FY2026 window. The whole record is SBA 7(a), no SBA 504 loans are attached, and SBA lists the holder under SD. Everything below comes from SBA's public data on loans The Bancorp Bank National Association holds or held. SBA backs those 1,296 loans with its guarantee, and each 7(a) loan appears under its latest holder, which may not be the first.

A book spread over many states

Of the 1,296 loans, 730 are outside any named class. Limited-service restaurants are largest among the named ones, at 98 loans, followed by the full-service restaurant at 58, child care at 54, the fitness center at 52 and coffee shops and snack bars at 40. The largest states are Texas at 172 loans, Florida at 148, California at 115, North Carolina at 92, Colorado at 67 and Arizona at 66.

What happened after approval

The Bancorp Bank National Association: 12.6% of FY2017 to FY2024 approvals cancelled at least; the ceiling, 12.6%, counts undisbursed loans and does not move. Among 607 loans disbursed in FY2017 through FY2021, 5.3% (a floor) are charged off to date; 3.1% within five years of approval. Treat both as lower bounds, since open loans may yet fail.

How a borrower should use it

Limited-service restaurants are the named class with the most loans, so a quick-service study has to test counter and drive-through sales, ticket size, labour margin and the traffic counts at the site. A child care study checks how many places are licensed, how fast enrolment builds and what staffing costs. A fitness study needs membership depth, churn and build-out cost. With 730 loans in no named class, a borrower in another property type should not take this table as precedent. A Texas, Florida or California project is closest to where the file is deepest. Whichever it is, the study ends with coverage of debt service under two cases and an appraised value that holds.

Holdings, not a promise

This page lists 1,296 loans and $1.18 billion held by The Bancorp Bank National Association, as SBA reports them. The 12.6% cancellation figure and the 5.3% charge-off floor are minimums for loans that were open when the data were read. A project in Texas, Florida or California, with 172, 148 and 115 loans, is nearest to the file; a good study should still rely on its own demand evidence, a costed plan and a value an appraiser can defend.