Merchants Commercial Bank approved 19 SBA loans worth $5.0M between October 2021 and June 2026, ranking #919 of 2,283 SBA lenders nationally by loan count. Its median loan was $150,000, and 26% went to startups or businesses under two years old. It lent in 2 states, most often in U.S. Virgin Islands, and its most financed industry was retail.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| U.S. Virgin Islands | 18 | $4.9M | $150,000 | #2 |
| Florida | 1 | $54K | $54,000 | #320 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Retail | 5 | $150,000 | |
| Restaurants and hotels | 4 | $175,000 | |
| Arts, entertainment and recreation | 2 | $601,500 | |
| Health care and social assistance | 2 | $277,000 | |
| Real estate and rental | 2 | $55,500 | |
| Transportation and warehousing | 2 | $212,500 | |
| Other services (repair, personal care) | 1 | $32,000 | |
| Administrative and support services | 1 | $200,000 |