Austin County State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Austin County State Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 238910 | Site Preparation Contractors | 4 | $748K | $187K | 14.8% |
| 713990 | All Other Amusement and Recreation Industries | 3 | $258K | $86K | 11.1% |
| 236220 | Commercial and Institutional Building Construction | 2 | $235K | $118K | 7.4% |
| 424490 | Other Grocery and Related Products Merchant Wholesalers | 1 | $125K | $125K | 3.7% |
| 541191 | Title Abstract and Settlement Offices | 1 | $130K | $130K | 3.7% |
| 238110 | Poured Concrete Foundation and Structure Contractors | 1 | $100K | $100K | 3.7% |
| 312120 | Breweries | 1 | $207K | $207K | 3.7% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 1 | $186K | $186K | 3.7% |
| 324121 | Asphalt Paving Mixture and Block Manufacturing | 1 | $200K | $200K | 3.7% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 1 | $59K | $59K | 3.7% |
Geographic Distribution
SBA lending activity for Austin County State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 27 | $3.9M | 100.0% |
Why Choose Austin County State Bank?
Based on SBA 7(a) lending track record from 2009-2013
- ✓Proven Track Record: 27 SBA loans approved, totaling $3.9M in financing
- ✓Industry Expertise: Specialized focus on Site Preparation Contractors, All Other Amusement and Recreation Industries, Commercial and Institutional Building Construction
- ✓Competitive Terms: Average interest rate of 7.19% with flexible term lengths averaging 48 months
- ✓Loan Range: Loan sizes from $29K to $350K, with an average of $145K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in 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 Austin County State Bank SBA lending
What types of businesses does Austin County State Bank typically finance?
Austin County State Bank specializes in SBA 7(a) lending to specific industries including site preparation contractors, all other amusement and recreation industries, commercial and institutional building construction, other grocery and related products merchant wholesalers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Austin County State Bank's typical SBA loan terms?
Austin County State Bank's SBA 7(a) loans typically feature an average interest rate of 7.19% and average term length of 48 months (approximately 4 years). Loan sizes range from $29K to $350K, with an average loan size of $145K.
Do I need a business valuation for a Austin County State Bank SBA loan?
Yes, Austin County 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 Austin County State Bank compare to other SBA lenders?
Austin County State Bank has originated 27 SBA loans totaling $3.9M since 2009. 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 Austin County State Bank lend in?
Austin County State Bank provides SBA 7(a) financing with particularly strong presence in TX. 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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