Bell Bank
SBA 7(a) Lending Profile · FY 2024 analysis
Industry Focus
Top industries served by Bell Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 312120 | Breweries | 72 | $49.3M | $685K | 4.0% |
| 713940 | Fitness and Recreational Sports Centers | 56 | $26.6M | $476K | 3.1% |
| 812112 | Beauty Salons | 56 | $24.8M | $443K | 3.1% |
| 722513 | Limited-Service Restaurants | 48 | $32.0M | $667K | 2.7% |
| 238210 | Electrical Contractors | 40 | $19.3M | $481K | 2.2% |
| 621210 | Offices of Dentists | 32 | $17.4M | $544K | 1.8% |
| 561730 | Landscaping Services | 32 | $9.6M | $300K | 1.8% |
| 541611 | Administrative Management and General Management Consulting Services | 32 | $14.0M | $436K | 1.8% |
| 238990 | All Other Specialty Trade Contractors | 32 | $6.8M | $213K | 1.8% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 32 | $15.5M | $485K | 1.8% |
Geographic Distribution
SBA lending activity for Bell Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Arizona (AZ) | 736 | $574.9M | 41.1% |
| Minnesota (MN) | 776 | $558.8M | 43.3% |
| North Dakota (ND) | 144 | $56.2M | 8.0% |
| Wisconsin (WI) | 64 | $39.0M | 3.6% |
| Iowa (IA) | 24 | $26.1M | 1.3% |
| Colorado (CO) | 16 | $21.6M | 0.9% |
| California (CA) | 8 | $14.0M | 0.4% |
| Florida (FL) | 16 | $3.2M | 0.9% |
| Texas (TX) | 8 | $2.0M | 0.4% |
Why Choose Bell Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 1,792 SBA loans approved, totaling $1.30B in financing
- ✓Industry Expertise: Specialized focus on Breweries, Fitness and Recreational Sports Centers, Beauty Salons
- ✓Competitive Terms: Average interest rate of 8.36% with flexible term lengths averaging 141 months
- ✓Loan Range: Loan sizes from $25K to $5.0M, with an average of $723K
- ✓Nationwide Reach: Active lending in 9 states, with strong presence in MN, AZ, ND
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 Bell Bank SBA lending
What types of businesses does Bell Bank typically finance?
Bell Bank specializes in SBA 7(a) lending to specific industries including breweries, fitness and recreational sports centers, beauty salons, limited-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Bell Bank's typical SBA loan terms?
Bell Bank's SBA 7(a) loans typically feature an average interest rate of 8.36% and average term length of 141 months (approximately 12 years). Loan sizes range from $25K to $5.0M, with an average loan size of $723K.
Do I need a business valuation for a Bell Bank SBA loan?
Yes, Bell 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 Bell Bank compare to other SBA lenders?
Bell Bank has originated 1,792 SBA loans totaling $1.30B 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 Bell Bank lend in?
Bell Bank provides SBA 7(a) financing with particularly strong presence in MN, AZ, ND, WI, IA. 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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