Auburn State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Auburn State Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722410 | Drinking Places (Alcoholic Beverages) | 3 | $203K | $68K | 11.5% |
| 812112 | Beauty Salons | 1 | $8K | $8K | 3.8% |
| 333111 | Farm Machinery and Equipment Manufacturing | 1 | $65K | $65K | 3.8% |
| 441110 | New Car Dealers | 1 | $125K | $125K | 3.8% |
| 621210 | Offices of Dentists | 1 | $86K | $86K | 3.8% |
| 713950 | Bowling Centers | 1 | $75K | $75K | 3.8% |
| 541921 | Photography Studios, Portrait | 1 | $110K | $110K | 3.8% |
| 312130 | Wineries | 1 | $150K | $150K | 3.8% |
| 722513 | Limited-Service Restaurants | 1 | $77K | $77K | 3.8% |
| 811191 | Automotive Oil Change and Lubrication Shops | 1 | $87K | $87K | 3.8% |
Geographic Distribution
SBA lending activity for Auburn State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Nebraska (NE) | 26 | $2.4M | 100.0% |
Why Choose Auburn State Bank?
Based on SBA 7(a) lending track record from 1991-2013
- ✓Proven Track Record: 26 SBA loans approved, totaling $2.4M in financing
- ✓Industry Expertise: Specialized focus on Drinking Places (Alcoholic Beverages), Beauty Salons, Farm Machinery and Equipment Manufacturing
- ✓Competitive Terms: Average interest rate of 5.25% with flexible term lengths averaging 131 months
- ✓Loan Range: Loan sizes from $8K to $287K, with an average of $94K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in NE
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 Auburn State Bank SBA lending
What types of businesses does Auburn State Bank typically finance?
Auburn State Bank specializes in SBA 7(a) lending to specific industries including drinking places (alcoholic beverages), beauty salons, farm machinery and equipment manufacturing, new car dealers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Auburn State Bank's typical SBA loan terms?
Auburn State Bank's SBA 7(a) loans typically feature an average interest rate of 5.25% and average term length of 131 months (approximately 11 years). Loan sizes range from $8K to $287K, with an average loan size of $94K.
Do I need a business valuation for a Auburn State Bank SBA loan?
Yes, Auburn State 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 Auburn State Bank compare to other SBA lenders?
Auburn State Bank has originated 26 SBA loans totaling $2.4M 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 Auburn State Bank lend in?
Auburn State Bank provides SBA 7(a) financing with particularly strong presence in NE. 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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