SBA lender profile
Merchants Commercial Bank
Merchants Commercial Bank appears in the public SBA loan data with 19 funded 7(a) loans totaling $5.0M, an average of $262K per loan, and an estimated 215 jobs supported. Its SBA lending concentrates in U.S. Virgin Islands and the Accommodation and Food Services sector. Across all of its loans in the data, its charge-off rate is 5.3%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
19
Total volume
$5.0M
Average loan size
$262K
Charge-off rate
5.3%
Share of funded loans charged off
Jobs supported (reported)
215
Programs
7(a)
Bank profile
via FDIC- Total assets
- $526M
- Headquarters
- St Thomas, VI
- FDIC cert
- #58184
- Status
- Active
Where Merchants Commercial Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| U.S. Virgin Islands | 19 | $5.0M |
What Merchants Commercial Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 4 | $1.5M |
| Arts, Entertainment, Recreation | 2 | $1.2M |
| Retail Trade | 5 | $970K |
| Health Care and Social Assistance | 2 | $554K |
| Transportation and Warehousing | 2 | $425K |
| Administrative and Support | 1 | $200K |
Merchants Commercial Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2022 | 2 | $175K |
| 2023 | 4 | $1.6M |
| 2024 | 8 | $1.7M |
| 2025 | 5 | $1.4M |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Merchants Commercial Bank's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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