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American Bank of Freedom, founded in 1880 as Bank of Wellsville, offers personal, business, commercial, and SBA lending services across 10 branches in 3 states, focusing on flexible community banking.
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SBA 7(a) Acquisition Loan Data As Of March 31, 2026
Last 12 Months
Last 3 Years
YoY Growth
low activity
As Of March 31, 2026
Median
$434K
Average
$619K
Sweet Spot
$0-$500K
Industries with highest loan volume
Beauty Salons
2
loans
$269K
avg. amount
Beauty Salons
2
loans
$269K
avg
All Other Miscellaneous Retailers
1
loans
$1.6M
avg. amount
All Other Miscellaneous Retailers
1
loans
$1.6M
avg
All Other Personal Services
1
loans
$363K
avg. amount
All Other Personal Services
1
loans
$363K
avg
Other Personal and Household Goods Repair and Maintenance
1
loans
$505K
avg. amount
Other Personal and Household Goods Repair and Maintenance
1
loans
$505K
avg
Full-Service Restaurants
1
loans
$185K
avg. amount
Full-Service Restaurants
1
loans
$185K
avg
Claims Adjusting
1
loans
$1.4M
avg. amount
Claims Adjusting
1
loans
$1.4M
avg
Other Accounting Services
1
loans
$540K
avg. amount
Other Accounting Services
1
loans
$540K
avg
Residential Remodelers
1
loans
$116K
avg. amount
Residential Remodelers
1
loans
$116K
avg
All Other Home Furnishings Retailers
1
loans
$150K
avg. amount
All Other Home Furnishings Retailers
1
loans
$150K
avg
Plumbing, Heating, and Air-Conditioning Contractors
1
loans
$677K
avg. amount
Plumbing, Heating, and Air-Conditioning Contractors
1
loans
$677K
avg
10-Year Default Rate
0.0%
Percentile Ranking
0th percentile
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.42% |
| $500K-$1M | Prime + 2.75% |
| $1M-$2M | Prime + 1.75% |
As Of March 31, 2026 - States by loan volume (darker blue = higher volume)
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