Bank of Yazoo City
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Bank of Yazoo City · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 441120 | Used Car Dealers | 1 | $45K | $45K | 33.3% |
| 541940 | Veterinary Services | 1 | $57K | $57K | 33.3% |
| 811198 | All Other Automotive Repair and Maintenance | 1 | $157K | $157K | 33.3% |
Geographic Distribution
SBA lending activity for Bank of Yazoo City by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Mississippi (MS) | 3 | $259K | 100.0% |
Why Choose Bank of Yazoo City?
Based on SBA 7(a) lending track record from 1991-2009
- ✓Proven Track Record: 3 SBA loans approved, totaling $259K in financing
- ✓Industry Expertise: Specialized focus on Used Car Dealers, Veterinary Services, All Other Automotive Repair and Maintenance
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 128 months
- ✓Loan Range: Loan sizes from $45K to $157K, with an average of $86K
- ✓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 Yazoo City SBA lending
What types of businesses does Bank of Yazoo City typically finance?
Bank of Yazoo City specializes in SBA 7(a) lending to specific industries including used car dealers, veterinary services, all other automotive repair and maintenance. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Bank of Yazoo City's typical SBA loan terms?
Bank of Yazoo City's SBA 7(a) loans typically feature an average interest rate of — and average term length of 128 months (approximately 11 years). Loan sizes range from $45K to $157K, with an average loan size of $86K.
Do I need a business valuation for a Bank of Yazoo City SBA loan?
Yes, Bank of Yazoo City 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 Yazoo City compare to other SBA lenders?
Bank of Yazoo City has originated 3 SBA loans totaling $259K 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 Yazoo City lend in?
Bank of Yazoo City 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.