Accordia Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Accordia Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811111 | General Automotive Repair | 8 | $2.9M | $359K | 2.5% |
| 722513 | Limited-Service Restaurants | 7 | $3.3M | $471K | 2.2% |
| 722511 | Full-Service Restaurants | 6 | $6.5M | $1.1M | 1.9% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 6 | $4.4M | $731K | 1.9% |
| 561730 | Landscaping Services | 5 | $2.0M | $397K | 1.6% |
| 713990 | All Other Amusement and Recreation Industries | 5 | $1.6M | $329K | 1.6% |
| 541380 | Testing Laboratories and Services | 4 | $1.0M | $261K | 1.3% |
| 812112 | Beauty Salons | 4 | $418K | $104K | 1.3% |
| 238990 | All Other Specialty Trade Contractors | 4 | $3.1M | $772K | 1.3% |
| 457110 | Gasoline Stations with Convenience Stores | 4 | $4.0M | $996K | 1.3% |
Geographic Distribution
SBA lending activity for Accordia Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Utah (UT) | 250 | $89.6M | 78.9% |
| Texas (TX) | 13 | $11.5M | 4.1% |
| Arizona (AZ) | 12 | $10.4M | 3.8% |
| Tennessee (TN) | 4 | $5.7M | 1.3% |
| California (CA) | 7 | $4.0M | 2.2% |
| Alabama (AL) | 2 | $3.8M | 0.6% |
| Missouri (MO) | 3 | $3.5M | 0.9% |
| Montana (MT) | 1 | $2.7M | 0.3% |
| Colorado (CO) | 1 | $2.2M | 0.3% |
| Florida (FL) | 4 | $2.1M | 1.3% |
| New York (NY) | 1 | $1.6M | 0.3% |
| Michigan (MI) | 3 | $1.6M | 0.9% |
| Washington (WA) | 3 | $1.5M | 0.9% |
| Ohio (OH) | 1 | $1.4M | 0.3% |
| Illinois (IL) | 1 | $900K | 0.3% |
| Oregon (OR) | 1 | $763K | 0.3% |
| Nevada (NV) | 3 | $748K | 0.9% |
| Connecticut (CT) | 1 | $520K | 0.3% |
| Minnesota (MN) | 1 | $330K | 0.3% |
| Georgia (GA) | 1 | $273K | 0.3% |
| North Carolina (NC) | 1 | $264K | 0.3% |
| Idaho (ID) | 1 | $260K | 0.3% |
| Pennsylvania (PA) | 1 | $200K | 0.3% |
| Kentucky (KY) | 1 | $159K | 0.3% |
Why Choose Accordia Bank?
Based on SBA 7(a) lending track record from 1993-2026
- ✓Proven Track Record: 317 SBA loans approved, totaling $146.1M in financing
- ✓Industry Expertise: Specialized focus on General Automotive Repair, Limited-Service Restaurants, Full-Service Restaurants
- ✓Competitive Terms: Average interest rate of 9.24% with flexible term lengths averaging 117 months
- ✓Loan Range: Loan sizes from $6K to $5.0M, with an average of $461K
- ✓Nationwide Reach: Active lending in 24 states, with strong presence in UT, TX, AZ
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Accordia Bank SBA lending
What types of businesses does Accordia Bank typically finance?
Accordia Bank specializes in SBA 7(a) lending to specific industries including general automotive repair, limited-service restaurants, full-service restaurants, snack and nonalcoholic beverage bars. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Accordia Bank's typical SBA loan terms?
Accordia Bank's SBA 7(a) loans typically feature an average interest rate of 9.24% and average term length of 117 months (approximately 10 years). Loan sizes range from $6K to $5.0M, with an average loan size of $461K.
Do I need a business valuation for a Accordia Bank SBA loan?
Yes, Accordia Bank typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Accordia Bank compare to other SBA lenders?
Accordia Bank has originated 317 SBA loans totaling $146.1M since 1993. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Accordia Bank lend in?
Accordia Bank provides SBA 7(a) financing with particularly strong presence in UT, TX, AZ, CA, FL. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
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