Aurora Interim National Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Aurora Interim National Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 524210 | Insurance Agencies and Brokerages | 37 | $13.3M | $360K | 4.6% |
| 811111 | General Automotive Repair | 16 | $8.0M | $497K | 2.0% |
| 531210 | Offices of Real Estate Agents and Brokers | 15 | $9.1M | $608K | 1.9% |
| 441120 | Used Car Dealers | 13 | $7.1M | $544K | 1.6% |
| 621310 | Offices of Chiropractors | 10 | $3.4M | $338K | 1.2% |
| 522310 | Mortgage and Nonmortgage Loan Brokers | 10 | $7.1M | $710K | 1.2% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 8 | $2.6M | $324K | 1.0% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 8 | $4.1M | $510K | 1.0% |
| 624410 | Child Care Services | 8 | $3.4M | $420K | 1.0% |
| 713940 | Fitness and Recreational Sports Centers | 7 | $3.5M | $505K | 0.9% |
Geographic Distribution
SBA lending activity for Aurora Interim National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 287 | $194.4M | 35.4% |
| Florida (FL) | 123 | $54.9M | 15.2% |
| Texas (TX) | 84 | $39.1M | 10.4% |
| Massachusetts (MA) | 59 | $19.3M | 7.3% |
| Colorado (CO) | 40 | $16.1M | 4.9% |
| Georgia (GA) | 31 | $14.9M | 3.8% |
| Washington (WA) | 15 | $10.6M | 1.9% |
| North Carolina (NC) | 21 | $9.5M | 2.6% |
| Illinois (IL) | 18 | $9.0M | 2.2% |
| Virginia (VA) | 18 | $8.4M | 2.2% |
| South Carolina (SC) | 18 | $7.8M | 2.2% |
| Tennessee (TN) | 3 | $4.1M | 0.4% |
| New York (NY) | 6 | $3.7M | 0.7% |
| Nevada (NV) | 6 | $3.2M | 0.7% |
| New Mexico (NM) | 4 | $3.2M | 0.5% |
| Kansas (KS) | 10 | $2.4M | 1.2% |
| Alabama (AL) | 3 | $2.4M | 0.4% |
| Oregon (OR) | 6 | $2.3M | 0.7% |
| Maryland (MD) | 4 | $2.2M | 0.5% |
| Pennsylvania (PA) | 5 | $2.2M | 0.6% |
| New Hampshire (NH) | 6 | $2.2M | 0.7% |
| Michigan (MI) | 5 | $1.8M | 0.6% |
| Arkansas (AR) | 1 | $1.5M | 0.1% |
| New Jersey (NJ) | 2 | $1.3M | 0.2% |
| Indiana (IN) | 4 | $1.2M | 0.5% |
| Ohio (OH) | 4 | $1.2M | 0.5% |
| West Virginia (WV) | 2 | $932K | 0.2% |
| Wyoming (WY) | 2 | $928K | 0.2% |
| Louisiana (LA) | 3 | $668K | 0.4% |
| Connecticut (CT) | 2 | $663K | 0.2% |
| Oklahoma (OK) | 1 | $650K | 0.1% |
| Utah (UT) | 2 | $606K | 0.2% |
| Alaska (AK) | 1 | $600K | 0.1% |
| Idaho (ID) | 2 | $564K | 0.2% |
| Iowa (IA) | 3 | $515K | 0.4% |
| Kentucky (KY) | 2 | $499K | 0.2% |
| Arizona (AZ) | 1 | $337K | 0.1% |
| District of Columbia (DC) | 1 | $316K | 0.1% |
| Nebraska (NE) | 1 | $255K | 0.1% |
| Missouri (MO) | 4 | $241K | 0.5% |
Why Choose Aurora Interim National Bank?
Based on SBA 7(a) lending track record from 1991-2009
- ✓Proven Track Record: 810 SBA loans approved, totaling $426.5M in financing
- ✓Industry Expertise: Specialized focus on Insurance Agencies and Brokerages, General Automotive Repair, Offices of Real Estate Agents and Brokers
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 205 months
- ✓Loan Range: Loan sizes from $23K to $2.0M, with an average of $527K
- ✓Nationwide Reach: Active lending in 40 states, with strong presence in CA, FL, TX
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 Aurora Interim National Bank SBA lending
What types of businesses does Aurora Interim National Bank typically finance?
Aurora Interim National Bank specializes in SBA 7(a) lending to specific industries including insurance agencies and brokerages, general automotive repair, offices of real estate agents and brokers, used car dealers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Aurora Interim National Bank's typical SBA loan terms?
Aurora Interim National Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 205 months (approximately 17 years). Loan sizes range from $23K to $2.0M, with an average loan size of $527K.
Do I need a business valuation for a Aurora Interim National Bank SBA loan?
Yes, Aurora Interim National 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 Aurora Interim National Bank compare to other SBA lenders?
Aurora Interim National Bank has originated 810 SBA loans totaling $426.5M 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 Aurora Interim National Bank lend in?
Aurora Interim National Bank provides SBA 7(a) financing with particularly strong presence in CA, FL, TX, MA, CO. 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?
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