BankUnited, National Association
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by BankUnited, National Association
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 56 | $43.1M | $769K | 5.2% |
| 624410 | Child Day Care Services | 40 | $40.1M | $1.0M | 3.7% |
| 722511 | Full-Service Restaurants | 32 | $24.4M | $763K | 3.0% |
| 339950 | Sign Manufacturing | 32 | $32.1M | $1.0M | 3.0% |
| 811111 | General Automotive Repair | 32 | $48.9M | $1.5M | 3.0% |
| 492210 | Local Messengers and Local Delivery | 32 | $28.2M | $880K | 3.0% |
| 447110 | Gasoline Stations with Convenience Stores | 32 | $29.1M | $909K | 3.0% |
| 524210 | Insurance Agencies and Brokerages | 32 | $17.4M | $544K | 3.0% |
| 236220 | Commercial and Institutional Building Construction | 24 | $4.0M | $167K | 2.2% |
| 238320 | Painting and Wall Covering Contractors | 24 | $21.4M | $890K | 2.2% |
Geographic Distribution
SBA lending activity for BankUnited, National Association by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Florida (FL) | 784 | $732.1M | 72.6% |
| California (CA) | 32 | $56.7M | 3.0% |
| Illinois (IL) | 32 | $37.1M | 3.0% |
| Michigan (MI) | 32 | $29.7M | 3.0% |
| Virginia (VA) | 16 | $22.2M | 1.5% |
| Nevada (NV) | 16 | $18.0M | 1.5% |
| Arizona (AZ) | 16 | $17.9M | 1.5% |
| New York (NY) | 16 | $16.8M | 1.5% |
| Texas (TX) | 32 | $16.7M | 3.0% |
| Indiana (IN) | 24 | $14.7M | 2.2% |
| Georgia (GA) | 8 | $6.6M | 0.7% |
| Connecticut (CT) | 32 | $6.4M | 3.0% |
| Washington (WA) | 8 | $5.8M | 0.7% |
| Ohio (OH) | 8 | $5.8M | 0.7% |
| New Jersey (NJ) | 8 | $4.0M | 0.7% |
| Tennessee (TN) | 8 | $4.0M | 0.7% |
| Iowa (IA) | 8 | $2.0M | 0.7% |
Why Choose BankUnited, National Association?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 1,080 SBA loans approved, totaling $996.5M in financing
- ✓Industry Expertise: Specialized focus on Plumbing, Heating, and Air-Conditioning Contractors, Child Day Care Services, Full-Service Restaurants
- ✓Competitive Terms: Average interest rate of 7.34% with flexible term lengths averaging 164 months
- ✓Loan Range: Loan sizes from $25K to $5.0M, with an average of $923K
- ✓Nationwide Reach: Active lending in 17 states, with strong presence in FL, MI, IL
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 BankUnited, National Association SBA lending
What types of businesses does BankUnited, National Association typically finance?
BankUnited, National Association specializes in SBA 7(a) lending to specific industries including plumbing, heating, and air-conditioning contractors, child day care services, full-service restaurants, sign manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are BankUnited, National Association's typical SBA loan terms?
BankUnited, National Association's SBA 7(a) loans typically feature an average interest rate of 7.34% and average term length of 164 months (approximately 14 years). Loan sizes range from $25K to $5.0M, with an average loan size of $923K.
Do I need a business valuation for a BankUnited, National Association SBA loan?
Yes, BankUnited, National Association 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 BankUnited, National Association compare to other SBA lenders?
BankUnited, National Association has originated 1,080 SBA loans totaling $996.5M 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 BankUnited, National Association lend in?
BankUnited, National Association provides SBA 7(a) financing with particularly strong presence in FL, MI, IL, CT, TX. 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.
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