Bank of York
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Bank of York · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 531110 | Lessors of Residential Buildings and Dwellings | 1 | $300K | $300K | 10.0% |
| 812112 | Beauty Salons | 1 | $130K | $130K | 10.0% |
| 624410 | Child Care Services | 1 | $345K | $345K | 10.0% |
| 811111 | General Automotive Repair | 1 | $337K | $337K | 10.0% |
Geographic Distribution
SBA lending activity for Bank of York by state
| State | Loans | Volume | Share |
|---|---|---|---|
| South Carolina (SC) | 10 | $2.5M | 100.0% |
Why Choose Bank of York?
Based on SBA 7(a) lending track record from 1992-2001
- ✓Proven Track Record: 10 SBA loans approved, totaling $2.5M in financing
- ✓Industry Expertise: Specialized focus on Lessors of Residential Buildings and Dwellings, Beauty Salons, Child Care Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 188 months
- ✓Loan Range: Loan sizes from $81K to $350K, with an average of $246K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in SC
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 York SBA lending
What types of businesses does Bank of York typically finance?
Bank of York specializes in SBA 7(a) lending to specific industries including lessors of residential buildings and dwellings, beauty salons, child care services, general automotive repair. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Bank of York's typical SBA loan terms?
Bank of York's SBA 7(a) loans typically feature an average interest rate of — and average term length of 188 months (approximately 16 years). Loan sizes range from $81K to $350K, with an average loan size of $246K.
Do I need a business valuation for a Bank of York SBA loan?
Yes, Bank of York 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 York compare to other SBA lenders?
Bank of York has originated 10 SBA loans totaling $2.5M since 1992. 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 York lend in?
Bank of York provides SBA 7(a) financing with particularly strong presence in SC. 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.