Baybank
SBA 7(a) Lending Profile · FY 2025 analysis
Industry Focus
Top industries served by Baybank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 339950 | Sign Manufacturing | 8 | $6.8M | $850K | 50.0% |
| 713950 | Bowling Centers | 8 | $7.2M | $900K | 50.0% |
Geographic Distribution
SBA lending activity for Baybank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Michigan (MI) | 8 | $7.2M | 50.0% |
| Florida (FL) | 8 | $6.8M | 50.0% |
Why Choose Baybank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 16 SBA loans approved, totaling $14.0M in financing
- ✓Industry Expertise: Specialized focus on Sign Manufacturing, Bowling Centers
- ✓Competitive Terms: Average interest rate of 8.25% with flexible term lengths averaging 210 months
- ✓Loan Range: Loan sizes from $850K to $900K, with an average of $875K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in FL, MI
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 Baybank SBA lending
What types of businesses does Baybank typically finance?
Baybank specializes in SBA 7(a) lending to specific industries including sign manufacturing, bowling centers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Baybank's typical SBA loan terms?
Baybank's SBA 7(a) loans typically feature an average interest rate of 8.25% and average term length of 210 months (approximately 18 years). Loan sizes range from $850K to $900K, with an average loan size of $875K.
Do I need a business valuation for a Baybank SBA loan?
Yes, Baybank 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 Baybank compare to other SBA lenders?
Baybank has originated 16 SBA loans totaling $14.0M 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 Baybank lend in?
Baybank provides SBA 7(a) financing with particularly strong presence in FL, MI. 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.
Get your certified valuation from Fair Market Value.