Alva State Bank & Trust Company
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Alva State Bank & Trust Company · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 425120 | Wholesale Trade Agents and Brokers | 2 | $4.0M | $2.0M | 12.5% |
| 445110 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 2 | $435K | $218K | 12.5% |
| 713950 | Bowling Centers | 1 | $387K | $387K | 6.3% |
| 237120 | Oil and Gas Pipeline and Related Structures Construction | 1 | $555K | $555K | 6.3% |
| 811111 | General Automotive Repair | 1 | $90K | $90K | 6.3% |
| 321920 | Wood Container and Pallet Manufacturing | 1 | $100K | $100K | 6.3% |
| 321113 | Sawmills | 1 | $300K | $300K | 6.3% |
| 115114 | Postharvest Crop Activities (except Cotton Ginning) | 1 | $150K | $150K | 6.3% |
Geographic Distribution
SBA lending activity for Alva State Bank & Trust Company by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Oklahoma (OK) | 15 | $6.8M | 93.8% |
| Kansas (KS) | 1 | $150K | 6.3% |
Why Choose Alva State Bank & Trust Company?
Based on SBA 7(a) lending track record from 1997-2016
- ✓Proven Track Record: 16 SBA loans approved, totaling $7.0M in financing
- ✓Industry Expertise: Specialized focus on Wholesale Trade Agents and Brokers, Supermarkets and Other Grocery Retailers (except Convenience Retailers), Bowling Centers
- ✓Competitive Terms: Average interest rate of 5.56% with flexible term lengths averaging 139 months
- ✓Loan Range: Loan sizes from $15K to $2.5M, with an average of $436K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in OK, KS
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 Alva State Bank & Trust Company SBA lending
What types of businesses does Alva State Bank & Trust Company typically finance?
Alva State Bank & Trust Company specializes in SBA 7(a) lending to specific industries including wholesale trade agents and brokers, supermarkets and other grocery retailers (except convenience retailers), bowling centers, oil and gas pipeline and related structures construction. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Alva State Bank & Trust Company's typical SBA loan terms?
Alva State Bank & Trust Company's SBA 7(a) loans typically feature an average interest rate of 5.56% and average term length of 139 months (approximately 12 years). Loan sizes range from $15K to $2.5M, with an average loan size of $436K.
Do I need a business valuation for a Alva State Bank & Trust Company SBA loan?
Yes, Alva State 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 Alva State Bank & Trust Company compare to other SBA lenders?
Alva State Bank & Trust Company has originated 16 SBA loans totaling $7.0M since 1997. 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 Alva State Bank & Trust Company lend in?
Alva State Bank & Trust Company provides SBA 7(a) financing with particularly strong presence in OK, KS. 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.
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