Anderson Brothers Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Anderson Brothers Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811111 | General Automotive Repair | 2 | $900K | $450K | 6.3% |
| 624410 | Child Care Services | 1 | $290K | $290K | 3.1% |
| 713910 | Golf Courses and Country Clubs | 1 | $1.1M | $1.1M | 3.1% |
Geographic Distribution
SBA lending activity for Anderson Brothers Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| South Carolina (SC) | 32 | $15.4M | 100.0% |
Why Choose Anderson Brothers Bank?
Based on SBA 7(a) lending track record from 1991-2002
- ✓Proven Track Record: 32 SBA loans approved, totaling $15.4M in financing
- ✓Industry Expertise: Specialized focus on General Automotive Repair, Child Care Services, Golf Courses and Country Clubs
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 190 months
- ✓Loan Range: Loan sizes from $56K to $1.5M, with an average of $482K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in SC
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 Anderson Brothers Bank SBA lending
What types of businesses does Anderson Brothers Bank typically finance?
Anderson Brothers Bank specializes in SBA 7(a) lending to specific industries including general automotive repair, child care services, golf courses and country clubs. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Anderson Brothers Bank's typical SBA loan terms?
Anderson Brothers Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 190 months (approximately 16 years). Loan sizes range from $56K to $1.5M, with an average loan size of $482K.
Do I need a business valuation for a Anderson Brothers Bank SBA loan?
Yes, Anderson Brothers 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 Anderson Brothers Bank compare to other SBA lenders?
Anderson Brothers Bank has originated 32 SBA loans totaling $15.4M 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 Anderson Brothers Bank lend in?
Anderson Brothers Bank provides SBA 7(a) financing with particularly strong presence in SC. 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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