Altamaha Bank & Trust Company
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Altamaha Bank & Trust Company · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 424480 | Fresh Fruit and Vegetable Merchant Wholesalers | 1 | $975K | $975K | 12.5% |
| 812990 | All Other Personal Services | 1 | $25K | $25K | 12.5% |
Geographic Distribution
SBA lending activity for Altamaha Bank & Trust Company by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Georgia (GA) | 8 | $4.2M | 100.0% |
Why Choose Altamaha Bank & Trust Company?
Based on SBA 7(a) lending track record from 1992-2012
- ✓Proven Track Record: 8 SBA loans approved, totaling $4.2M in financing
- ✓Industry Expertise: Specialized focus on Fresh Fruit and Vegetable Merchant Wholesalers, All Other Personal Services
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 103 months
- ✓Loan Range: Loan sizes from $25K to $975K, with an average of $521K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in GA
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 Altamaha Bank & Trust Company SBA lending
What types of businesses does Altamaha Bank & Trust Company typically finance?
Altamaha Bank & Trust Company specializes in SBA 7(a) lending to specific industries including fresh fruit and vegetable merchant wholesalers, all other personal services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Altamaha Bank & Trust Company's typical SBA loan terms?
Altamaha Bank & Trust Company's SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 103 months (approximately 9 years). Loan sizes range from $25K to $975K, with an average loan size of $521K.
Do I need a business valuation for a Altamaha Bank & Trust Company SBA loan?
Yes, Altamaha Bank & Trust Company 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 Altamaha Bank & Trust Company compare to other SBA lenders?
Altamaha Bank & Trust Company has originated 8 SBA loans totaling $4.2M since 1992. 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 Altamaha Bank & Trust Company lend in?
Altamaha Bank & Trust Company provides SBA 7(a) financing with particularly strong presence in GA. 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?
Certified valuations are often required for SBA loans over $250,000.
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