Arcata Economic Development Corporation
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Arcata Economic Development Corporation · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 2 | $370K | $185K | 18.2% |
| 488390 | Other Support Activities for Water Transportation | 1 | $194K | $194K | 9.1% |
| 713120 | Amusement Arcades | 1 | $83K | $83K | 9.1% |
| 722330 | Mobile Food Services | 1 | $100K | $100K | 9.1% |
| 722513 | Limited-Service Restaurants | 1 | $85K | $85K | 9.1% |
| 445132 | Vending Machine Operators | 1 | $198K | $198K | 9.1% |
| 611620 | Sports and Recreation Instruction | 1 | $20K | $20K | 9.1% |
| 485320 | Limousine Service | 1 | $81K | $81K | 9.1% |
| 811192 | Car Washes | 1 | $48K | $48K | 9.1% |
| 812199 | Other Personal Care Services | 1 | $51K | $51K | 9.1% |
Geographic Distribution
SBA lending activity for Arcata Economic Development Corporation by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 11 | $1.2M | 100.0% |
Why Choose Arcata Economic Development Corporation?
Based on SBA 7(a) lending track record from 2019-2025
- ✓Proven Track Record: 11 SBA loans approved, totaling $1.2M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Other Support Activities for Water Transportation, Amusement Arcades
- ✓Competitive Terms: Average interest rate of 7.59% with flexible term lengths averaging 157 months
- ✓Loan Range: Loan sizes from $20K to $250K, with an average of $112K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in CA
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 Arcata Economic Development Corporation SBA lending
What types of businesses does Arcata Economic Development Corporation typically finance?
Arcata Economic Development Corporation specializes in SBA 7(a) lending to specific industries including full-service restaurants, other support activities for water transportation, amusement arcades, mobile food services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Arcata Economic Development Corporation's typical SBA loan terms?
Arcata Economic Development Corporation's SBA 7(a) loans typically feature an average interest rate of 7.59% and average term length of 157 months (approximately 13 years). Loan sizes range from $20K to $250K, with an average loan size of $112K.
Do I need a business valuation for a Arcata Economic Development Corporation SBA loan?
Yes, Arcata Economic Development Corporation 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 Arcata Economic Development Corporation compare to other SBA lenders?
Arcata Economic Development Corporation has originated 11 SBA loans totaling $1.2M since 2019. 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 Arcata Economic Development Corporation lend in?
Arcata Economic Development Corporation provides SBA 7(a) financing with particularly strong presence in CA. 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.