Valley National Bank: SBA Lending Record

Valley National Bank, as SBA lists it

The SBA file credits Valley National Bank with 425 loans approved in FY2017 to FY2026, adding up to $427.1 million of gross dollars. Every loan is 7(a), which leaves 504 at 0. As SBA records it, the bank holds or last held these loans, and nothing here tells how the bank decides on credit. It is a description of a file and not a forecast about any new request.

Class counts: food service leads

236 loans belong to none of the asset classes. Full-service restaurant has 45 of the classed loans and limited-service restaurant 34. Fitness center has 20 and coffee shop and snack bar has 19. Child care center has 12 and medical office (physicians) 10. A study for a coffee shop or quick-service unit looks at foot traffic, rent and the volume needed to carry the loan; one for a fitness center looks at membership depth and buildout cost; one for a medical office looks at physician commitments and equipment.

Florida at the top of the list

Florida holds 294 loans, far above Alabama at 43, New Jersey at 39 and New York at 31. Four states make up the list, and most of the file lies in the first. In Florida the holder's record is deep; in the other three states it is shallow.

A cancellation floor and ceiling that match

Cancellation hit 7.1% across FY2017 to FY2024 approvals (a floor), and the ceiling stays at 7.1%. No charge-off rate is printed. A rule of Loan Analytics keeps the rate off the page, so it cannot say how disbursed loans fared, and no number should be assumed or treated as zero.

What a borrower should do with it

Read the file for context and then build the study: who will buy, what the job costs, how income meets the payment in a soft year, and the appraisal. That is the material a lender can weigh, and it is the part no loan count can supply. A strong study also shows how the project behaves when sales come in below plan, since a lender will ask exactly that.