Bank of Weston
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Bank of Weston · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 113310 | Logging | 5 | $1.8M | $350K | 45.5% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 1 | $223K | $223K | 9.1% |
| 812199 | Other Personal Care Services | 1 | $120K | $120K | 9.1% |
| 541890 | Other Services Related to Advertising | 1 | $110K | $110K | 9.1% |
Geographic Distribution
SBA lending activity for Bank of Weston by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Missouri (MO) | 8 | $1.5M | 72.7% |
| Kansas (KS) | 3 | $1.4M | 27.3% |
Why Choose Bank of Weston?
Based on SBA 7(a) lending track record from 2000-2003
- ✓Proven Track Record: 11 SBA loans approved, totaling $2.9M in financing
- ✓Industry Expertise: Specialized focus on Logging, Automotive Body, Paint, and Interior Repair and Maintenance, Other Personal Care Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 53 months
- ✓Loan Range: Loan sizes from $50K to $750K, with an average of $264K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in MO, KS
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 Weston SBA lending
What types of businesses does Bank of Weston typically finance?
Bank of Weston specializes in SBA 7(a) lending to specific industries including logging, automotive body, paint, and interior repair and maintenance, other personal care services, other services related to advertising. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Bank of Weston's typical SBA loan terms?
Bank of Weston's SBA 7(a) loans typically feature an average interest rate of — and average term length of 53 months (approximately 4 years). Loan sizes range from $50K to $750K, with an average loan size of $264K.
Do I need a business valuation for a Bank of Weston SBA loan?
Yes, Bank of Weston 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 Weston compare to other SBA lenders?
Bank of Weston has originated 11 SBA loans totaling $2.9M since 2000. 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 Weston lend in?
Bank of Weston provides SBA 7(a) financing with particularly strong presence in MO, KS. 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.