Bank of Franklin County
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Bank of Franklin County
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 40 | $25.3M | $632K | 18.5% |
| 722513 | Limited-Service Restaurants | 24 | $24.0M | $1.0M | 11.1% |
| 312120 | Breweries | 16 | $1.2M | $75K | 7.4% |
| 332999 | All Other Miscellaneous Fabricated Metal Product Manufacturing | 16 | $9.9M | $617K | 7.4% |
| 325510 | Paint and Coating Manufacturing | 16 | $4.4M | $276K | 7.4% |
| 339999 | All Other Miscellaneous Manufacturing | 16 | $20.0M | $1.3M | 7.4% |
| 541330 | Engineering Services | 8 | $2.8M | $350K | 3.7% |
| 722410 | Drinking Places (Alcoholic Beverages) | 8 | $800K | $100K | 3.7% |
| 562910 | Remediation Services | 8 | $4.0M | $500K | 3.7% |
| 424810 | Beer and Ale Merchant Wholesalers | 8 | $2.8M | $350K | 3.7% |
Geographic Distribution
SBA lending activity for Bank of Franklin County by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Missouri (MO) | 200 | $111.0M | 92.6% |
| Tennessee (TN) | 8 | $4.2M | 3.7% |
| Illinois (IL) | 8 | $1.1M | 3.7% |
Why Choose Bank of Franklin County?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 216 SBA loans approved, totaling $116.4M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Limited-Service Restaurants, Breweries
- ✓Competitive Terms: Average interest rate of 6.92% with flexible term lengths averaging 93 months
- ✓Loan Range: Loan sizes from $36K to $1.7M, with an average of $539K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in MO, IL, TN
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 Franklin County SBA lending
What types of businesses does Bank of Franklin County typically finance?
Bank of Franklin County specializes in SBA 7(a) lending to specific industries including full-service restaurants, limited-service restaurants, breweries, all other miscellaneous fabricated metal product manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Bank of Franklin County's typical SBA loan terms?
Bank of Franklin County's SBA 7(a) loans typically feature an average interest rate of 6.92% and average term length of 93 months (approximately 8 years). Loan sizes range from $36K to $1.7M, with an average loan size of $539K.
Do I need a business valuation for a Bank of Franklin County SBA loan?
Yes, Bank of Franklin County 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 Franklin County compare to other SBA lenders?
Bank of Franklin County has originated 216 SBA loans totaling $116.4M 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 Franklin County lend in?
Bank of Franklin County provides SBA 7(a) financing with particularly strong presence in MO, IL, TN. 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.
Get your certified valuation from Fair Market Value.