ANB Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by ANB Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621210 | Offices of Dentists | 10 | $1.6M | $157K | 3.1% |
| 621310 | Offices of Chiropractors | 8 | $463K | $58K | 2.5% |
| 541940 | Veterinary Services | 7 | $789K | $113K | 2.2% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 7 | $1.2M | $178K | 2.2% |
| 812112 | Beauty Salons | 6 | $971K | $162K | 1.8% |
| 238990 | All Other Specialty Trade Contractors | 6 | $864K | $144K | 1.8% |
| 811111 | General Automotive Repair | 6 | $446K | $74K | 1.8% |
| 213112 | Support Activities for Oil and Gas Operations | 5 | $489K | $98K | 1.5% |
| 561730 | Landscaping Services | 5 | $552K | $110K | 1.5% |
| 484110 | General Freight Trucking, Local | 5 | $244K | $49K | 1.5% |
Geographic Distribution
SBA lending activity for ANB Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Colorado (CO) | 178 | $33.2M | 54.8% |
| Wyoming (WY) | 135 | $16.4M | 41.5% |
| Kansas (KS) | 9 | $1.9M | 2.8% |
| Missouri (MO) | 2 | $290K | 0.6% |
| South Dakota (SD) | 1 | $184K | 0.3% |
Why Choose ANB Bank?
Based on SBA 7(a) lending track record from 1991-2017
- ✓Proven Track Record: 325 SBA loans approved, totaling $51.9M in financing
- ✓Industry Expertise: Specialized focus on Offices of Dentists, Offices of Chiropractors, Veterinary Services
- ✓Competitive Terms: Average interest rate of 6.06% with flexible term lengths averaging 92 months
- ✓Loan Range: Loan sizes from $5K to $1.3M, with an average of $160K
- ✓Nationwide Reach: Active lending in 5 states, with strong presence in CO, WY, 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 ANB Bank SBA lending
What types of businesses does ANB Bank typically finance?
ANB Bank specializes in SBA 7(a) lending to specific industries including offices of dentists, offices of chiropractors, veterinary services, offices of physicians (except mental health specialists). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are ANB Bank's typical SBA loan terms?
ANB Bank's SBA 7(a) loans typically feature an average interest rate of 6.06% and average term length of 92 months (approximately 8 years). Loan sizes range from $5K to $1.3M, with an average loan size of $160K.
Do I need a business valuation for a ANB Bank SBA loan?
Yes, ANB 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 ANB Bank compare to other SBA lenders?
ANB Bank has originated 325 SBA loans totaling $51.9M since 1991. 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 ANB Bank lend in?
ANB Bank provides SBA 7(a) financing with particularly strong presence in CO, WY, KS, MO, SD. 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.
Get your certified valuation from Fair Market Value.