BCB Community Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by BCB Community Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 22 | $23.5M | $1.1M | 6.5% |
| 713940 | Fitness and Recreational Sports Centers | 13 | $14.3M | $1.1M | 3.8% |
| 722513 | Limited-Service Restaurants | 12 | $6.7M | $558K | 3.5% |
| 621210 | Offices of Dentists | 9 | $4.9M | $543K | 2.7% |
| 812310 | Coin-Operated Laundries and Drycleaners | 9 | $3.5M | $387K | 2.7% |
| 811111 | General Automotive Repair | 9 | $3.9M | $430K | 2.7% |
| 624410 | Child Care Services | 8 | $4.5M | $564K | 2.4% |
| 812112 | Beauty Salons | 6 | $1.6M | $275K | 1.8% |
| 721110 | Hotels (except Casino Hotels) and Motels | 6 | $13.7M | $2.3M | 1.8% |
| 531120 | Lessors of Nonresidential Buildings (except Miniwarehouses) | 5 | $8.0M | $1.6M | 1.5% |
Geographic Distribution
SBA lending activity for BCB Community Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| New Jersey (NJ) | 260 | $205.9M | 76.7% |
| New York (NY) | 68 | $68.1M | 20.1% |
| Pennsylvania (PA) | 8 | $11.8M | 2.4% |
| Connecticut (CT) | 3 | $2.3M | 0.9% |
Why Choose BCB Community Bank?
Based on SBA 7(a) lending track record from 2008-2022
- ✓Proven Track Record: 339 SBA loans approved, totaling $288.0M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Fitness and Recreational Sports Centers, Limited-Service Restaurants
- ✓Competitive Terms: Average interest rate of 6.10% with flexible term lengths averaging 192 months
- ✓Loan Range: Loan sizes from $20K to $5.0M, with an average of $850K
- ✓Nationwide Reach: Active lending in 4 states, with strong presence in NJ, NY, PA
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 BCB Community Bank SBA lending
What types of businesses does BCB Community Bank typically finance?
BCB Community Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, fitness and recreational sports centers, limited-service restaurants, offices of dentists. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are BCB Community Bank's typical SBA loan terms?
BCB Community Bank's SBA 7(a) loans typically feature an average interest rate of 6.10% and average term length of 192 months (approximately 16 years). Loan sizes range from $20K to $5.0M, with an average loan size of $850K.
Do I need a business valuation for a BCB Community Bank SBA loan?
Yes, BCB Community Bank 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 BCB Community Bank compare to other SBA lenders?
BCB Community Bank has originated 339 SBA loans totaling $288.0M since 2008. 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 BCB Community Bank lend in?
BCB Community Bank provides SBA 7(a) financing with particularly strong presence in NJ, NY, PA, CT. 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.