Bay Bank, FSB
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Bay Bank, FSB · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 321212 | Softwood Veneer and Plywood Manufacturing | 1 | $1.6M | $1.6M | 100.0% |
Geographic Distribution
SBA lending activity for Bay Bank, FSB by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Maryland (MD) | 1 | $1.6M | 100.0% |
Why Choose Bay Bank, FSB?
Based on SBA 7(a) lending track record from 2004-2004
- ✓Proven Track Record: 1 SBA loans approved, totaling $1.6M in financing
- ✓Industry Expertise: Specialized focus on Softwood Veneer and Plywood Manufacturing
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 12 months
- ✓Loan Range: Loan sizes from $1.6M to $1.6M, with an average of $1.6M
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MD
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 Bay Bank, FSB SBA lending
What types of businesses does Bay Bank, FSB typically finance?
Bay Bank, FSB specializes in SBA 7(a) lending to specific industries including softwood veneer and plywood manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Bay Bank, FSB's typical SBA loan terms?
Bay Bank, FSB's SBA 7(a) loans typically feature an average interest rate of — and average term length of 12 months (approximately 1 years). Loan sizes range from $1.6M to $1.6M, with an average loan size of $1.6M.
Do I need a business valuation for a Bay Bank, FSB SBA loan?
Yes, Bay Bank, FSB 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 Bay Bank, FSB compare to other SBA lenders?
Bay Bank, FSB has originated 1 SBA loans totaling $1.6M since 2004. 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 Bay Bank, FSB lend in?
Bay Bank, FSB provides SBA 7(a) financing with particularly strong presence in MD. 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.