American Bank and Trust approved 10 SBA loans worth $8.8M between October 2021 and June 2026, ranking #1211 of 2,283 SBA lenders nationally by loan count. Its median loan was $136,750, and 60% went to startups or businesses under two years old. It lent in 2 states, most often in South Dakota, and its most financed industry was health care and social assistance.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| South Dakota | 8 | $5.7M | $102,750 | #23 |
| Iowa | 2 | $3.1M | $1,550,000 | #113 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Health care and social assistance | 3 | $100,000 | |
| Administrative and support services | 2 | $2,615,000 | |
| Agriculture, forestry and fishing | 2 | $1,550,000 | |
| Transportation and warehousing | 2 | $62,350 | |
| Other services (repair, personal care) | 1 | $45,000 |