Arrow Bank National Association
SBA 7(a) Lending Profile · FY 2023 analysis
Industry Focus
Top industries served by Arrow Bank National Association
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 238210 | Electrical Contractors | 64 | $6.0M | $94K | 6.7% |
| 561730 | Landscaping Services | 48 | $3.3M | $69K | 5.0% |
| 238330 | Flooring Contractors | 40 | $5.7M | $143K | 4.2% |
| 236115 | New Single-Family Housing Construction (except Operative Builders) | 40 | $2.9M | $72K | 4.2% |
| 541211 | Offices of Certified Public Accountants | 32 | $5.3M | $165K | 3.3% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 24 | $920K | $38K | 2.5% |
| 561710 | Exterminating and Pest Control Services | 24 | $1.0M | $42K | 2.5% |
| 811111 | General Automotive Repair | 24 | $440K | $18K | 2.5% |
| 238110 | Poured Concrete Foundation and Structure Contractors | 24 | $1.4M | $58K | 2.5% |
| 621210 | Offices of Dentists | 24 | $3.8M | $157K | 2.5% |
Geographic Distribution
SBA lending activity for Arrow Bank National Association by state
| State | Loans | Volume | Share |
|---|---|---|---|
| New York (NY) | 952 | $105.1M | 99.2% |
| Vermont (VT) | 8 | $200K | 0.8% |
Why Choose Arrow Bank National Association?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 960 SBA loans approved, totaling $105.3M in financing
- ✓Industry Expertise: Specialized focus on Electrical Contractors, Landscaping Services, Flooring Contractors
- ✓Competitive Terms: Average interest rate of 7.63% with flexible term lengths averaging 105 months
- ✓Loan Range: Loan sizes from $5K to $3.4M, with an average of $110K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in NY, VT
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 Arrow Bank National Association SBA lending
What types of businesses does Arrow Bank National Association typically finance?
Arrow Bank National Association specializes in SBA 7(a) lending to specific industries including electrical contractors, landscaping services, flooring contractors, new single-family housing construction (except operative builders). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Arrow Bank National Association's typical SBA loan terms?
Arrow Bank National Association's SBA 7(a) loans typically feature an average interest rate of 7.63% and average term length of 105 months (approximately 9 years). Loan sizes range from $5K to $3.4M, with an average loan size of $110K.
Do I need a business valuation for a Arrow Bank National Association SBA loan?
Yes, Arrow Bank National Association 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 Arrow Bank National Association compare to other SBA lenders?
Arrow Bank National Association has originated 960 SBA loans totaling $105.3M since 2020. 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 Arrow Bank National Association lend in?
Arrow Bank National Association provides SBA 7(a) financing with particularly strong presence in NY, VT. 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?
Professional valuations are often required for SBA loans over $250,000.
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