Bank of Dudley
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by Bank of Dudley
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 445310 | Beer, Wine, and Liquor Stores | 24 | $44.9M | $1.9M | 13.6% |
| 721110 | Hotels (except Casino Hotels) and Motels | 24 | $38.3M | $1.6M | 13.6% |
| 457110 | Other | 24 | $67.7M | $2.8M | 13.6% |
| 624410 | Child Day Care Services | 16 | $5.9M | $372K | 9.1% |
| 531130 | Lessors of Miniwarehouses and Self-Storage Units | 16 | $10.4M | $648K | 9.1% |
| 445320 | Other | 16 | $77.6M | $4.9M | 9.1% |
| 458110 | Other | 8 | $1.4M | $172K | 4.5% |
| 811192 | Car Washes | 8 | $19.3M | $2.4M | 4.5% |
| 459210 | Other | 8 | $5.0M | $630K | 4.5% |
| 722513 | Limited-Service Restaurants | 8 | $3.5M | $441K | 4.5% |
Geographic Distribution
SBA lending activity for Bank of Dudley by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Georgia (GA) | 176 | $301.9M | 100.0% |
Why Choose Bank of Dudley?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 176 SBA loans approved, totaling $301.9M in financing
- ✓Industry Expertise: Specialized focus on Beer, Wine, and Liquor Stores, Hotels (except Casino Hotels) and Motels, Other
- ✓Competitive Terms: Average interest rate of 6.68% with flexible term lengths averaging 253 months
- ✓Loan Range: Loan sizes from $127K to $5.0M, with an average of $1.7M
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in GA
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 Bank of Dudley SBA lending
What types of businesses does Bank of Dudley typically finance?
Bank of Dudley specializes in SBA 7(a) lending to specific industries including beer, wine, and liquor stores, hotels (except casino hotels) and motels, other, child day care services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Bank of Dudley's typical SBA loan terms?
Bank of Dudley's SBA 7(a) loans typically feature an average interest rate of 6.68% and average term length of 253 months (approximately 21 years). Loan sizes range from $127K to $5.0M, with an average loan size of $1.7M.
Do I need a business valuation for a Bank of Dudley SBA loan?
Yes, Bank of Dudley 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 Bank of Dudley compare to other SBA lenders?
Bank of Dudley has originated 176 SBA loans totaling $301.9M 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 Bank of Dudley lend in?
Bank of Dudley provides SBA 7(a) financing with particularly strong presence in GA. 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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