Beal Bank USA
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Beal Bank USA · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 721110 | Hotels (except Casino Hotels) and Motels | 16 | $15.1M | $942K | 5.7% |
| 621310 | Offices of Chiropractors | 5 | $1.3M | $266K | 1.8% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 5 | $2.7M | $543K | 1.8% |
| 441120 | Used Car Dealers | 4 | $1.0M | $258K | 1.4% |
| 811192 | Car Washes | 3 | $1.4M | $473K | 1.1% |
| 621210 | Offices of Dentists | 3 | $892K | $297K | 1.1% |
| 624410 | Child Care Services | 3 | $1.1M | $356K | 1.1% |
| 531390 | Other Activities Related to Real Estate | 3 | $273K | $91K | 1.1% |
| 812112 | Beauty Salons | 3 | $526K | $175K | 1.1% |
| 238990 | All Other Specialty Trade Contractors | 3 | $1.1M | $352K | 1.1% |
Geographic Distribution
SBA lending activity for Beal Bank USA by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Georgia (GA) | 121 | $57.2M | 42.8% |
| California (CA) | 65 | $38.1M | 23.0% |
| Utah (UT) | 38 | $17.2M | 13.4% |
| Texas (TX) | 16 | $1.9M | 5.7% |
| Missouri (MO) | 1 | $1.8M | 0.4% |
| Washington (WA) | 12 | $1.6M | 4.2% |
| South Carolina (SC) | 5 | $1.5M | 1.8% |
| North Carolina (NC) | 6 | $1.5M | 2.1% |
| New York (NY) | 1 | $1.5M | 0.4% |
| Nevada (NV) | 2 | $1.3M | 0.7% |
| Kansas (KS) | 1 | $1.0M | 0.4% |
| Alabama (AL) | 2 | $990K | 0.7% |
| Oregon (OR) | 8 | $931K | 2.8% |
| Illinois (IL) | 1 | $760K | 0.4% |
| Arkansas (AR) | 1 | $370K | 0.4% |
| Tennessee (TN) | 1 | $357K | 0.4% |
| Florida (FL) | 2 | $320K | 0.7% |
Why Choose Beal Bank USA?
Based on SBA 7(a) lending track record from 1997-2009
- ✓Proven Track Record: 283 SBA loans approved, totaling $128.4M in financing
- ✓Industry Expertise: Specialized focus on Hotels (except Casino Hotels) and Motels, Offices of Chiropractors, Automotive Body, Paint, and Interior Repair and Maintenance
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 157 months
- ✓Loan Range: Loan sizes from $20K to $2.0M, with an average of $454K
- ✓Nationwide Reach: Active lending in 17 states, with strong presence in GA, CA, UT
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 Beal Bank USA SBA lending
What types of businesses does Beal Bank USA typically finance?
Beal Bank USA specializes in SBA 7(a) lending to specific industries including hotels (except casino hotels) and motels, offices of chiropractors, automotive body, paint, and interior repair and maintenance, used car dealers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Beal Bank USA's typical SBA loan terms?
Beal Bank USA's SBA 7(a) loans typically feature an average interest rate of — and average term length of 157 months (approximately 13 years). Loan sizes range from $20K to $2.0M, with an average loan size of $454K.
Do I need a business valuation for a Beal Bank USA SBA loan?
Yes, Beal Bank USA 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 Beal Bank USA compare to other SBA lenders?
Beal Bank USA has originated 283 SBA loans totaling $128.4M since 1997. 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 Beal Bank USA lend in?
Beal Bank USA provides SBA 7(a) financing with particularly strong presence in GA, CA, UT, TX, WA. 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.
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