Bank of Holly Springs
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Bank of Holly Springs · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|
Geographic Distribution
SBA lending activity for Bank of Holly Springs by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Mississippi (MS) | 2 | $680K | 100.0% |
Why Choose Bank of Holly Springs?
Based on SBA 7(a) lending track record from 1991-1995
- ✓Proven Track Record: 2 SBA loans approved, totaling $680K in financing
- ✓Industry Expertise: Specialized focus on
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 102 months
- ✓Loan Range: Loan sizes from $180K to $500K, with an average of $340K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MS
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 Holly Springs SBA lending
What types of businesses does Bank of Holly Springs typically finance?
Bank of Holly Springs specializes in SBA 7(a) lending to specific industries including . They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Bank of Holly Springs's typical SBA loan terms?
Bank of Holly Springs's SBA 7(a) loans typically feature an average interest rate of — and average term length of 102 months (approximately 9 years). Loan sizes range from $180K to $500K, with an average loan size of $340K.
Do I need a business valuation for a Bank of Holly Springs SBA loan?
Yes, Bank of Holly Springs 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 Holly Springs compare to other SBA lenders?
Bank of Holly Springs has originated 2 SBA loans totaling $680K 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 Bank of Holly Springs lend in?
Bank of Holly Springs provides SBA 7(a) financing with particularly strong presence in MS. 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.
Get your certified valuation from Fair Market Value.