PromiseOne Bank
PromiseOne Bank (formerly NOA Bank) is a community bank providing depository products, services, SBA financing, and commercial lending. Operating across Georgia with 10 branch locations, the bank serves diverse communities with a mission to exceed customer and shareholder expectations.
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Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (25 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
PromiseOne Bank ranks #64 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of PromiseOne Bank’s 7(a) acquisition lending falls in the $500K-$1M range: 9 loans, 36.0% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 5 | 20.0% | |
| $500K-$1M | 9 | 36.0% | |
| $1M-$2M | 5 | 20.0% | |
| $2M-$3M | 3 | 12.0% | |
| $3M-$4M | 2 | 8.0% | |
| $4M-$5M | 1 | 4.0% |
Industries with highest loan volume
Hotels (except Casino Hotels) and Motels
6
loans
$2.8M
avg. amount
Gasoline Stations with Convenience Stores
5
loans
$1.8M
avg. amount
Beer, Wine, and Liquor Retailers
5
loans
$990K
avg. amount
Full-Service Restaurants
3
loans
$433K
avg. amount
Drycleaning and Laundry Services (except Coin-Operated)
2
loans
$370K
avg. amount
Funeral Homes and Funeral Services
1
loans
$580K
avg. amount
Coin-Operated Laundries and Drycleaners
1
loans
$550K
avg. amount
Convenience Retailers
1
loans
$815K
avg. amount
Limited-Service Restaurants
1
loans
$250K
avg. amount
10-Year
1.5%
Percentile Ranking
86th
86th percentile
PromiseOne Bank’s median variable rate is + 1.50%, against a market median of Prime + 1.88%, 38 below market.
It priced below the market median in every one of the last 7 quarters. 1 of the 25 loans in its trailing three-year book carried a fixed rate; the rest were variable.
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 1.55% |
| $500K-$1M | Prime + 1.44% |
| $1M-$2M | Prime + 1.35% |
| $2M-$3M | Prime + 1.00% |
| $3M-$4M | Prime + 1.75% |
| $4M-$5M | Prime + 1.00% |
over at time of loan origination
| Quarter | This lender | Market median | Market range | Loans |
|---|---|---|---|---|
| Q3 '19 | Prime + 1.13% | Prime + 2.00% | Prime + 1.50% – Prime + 2.50% | 6 |
| Q1 '20 | Prime + 1.13% | Prime + 2.00% | Prime + 1.40% – Prime + 2.50% | 4 |
| Q3 '21 | Prime + 1.50% | Prime + 2.00% | Prime + 1.50% – Prime + 2.50% | 3 |
| Q3 '22 | Prime + 1.25% | Prime + 1.75% | Prime + 1.25% – Prime + 2.25% | 5 |
| Q2 '25 | Prime + 1.38% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 4 |
| Q3 '25 | Prime + 1.50% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 3 |
| Q4 '25 | Prime + 1.50% | Prime + 2.25% | Prime + 1.67% – Prime + 2.75% | 3 |
PromiseOne Bank has originated 7(a) acquisition loans in 10 states, most actively in Pennsylvania (6), Georgia (6) and Maryland (3). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| Pennsylvania | 6 | 24.0% |
| Georgia | 6 | 24.0% |
| Maryland | 3 | 12.0% |
| Florida | 2 | 8.0% |
| Texas | 2 | 8.0% |
| South Carolina | 2 | 8.0% |
| Alabama | 1 | 4.0% |
| New York | 1 | 4.0% |
| Virginia | 1 | 4.0% |
| Tennessee | 1 | 4.0% |
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