Bendena State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Bendena State Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811111 | General Automotive Repair | 2 | $109K | $55K | 50.0% |
| 115112 | Soil Preparation, Planting, and Cultivating | 1 | $45K | $45K | 25.0% |
Geographic Distribution
SBA lending activity for Bendena State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Kansas (KS) | 3 | $164K | 75.0% |
| Missouri (MO) | 1 | $45K | 25.0% |
Why Choose Bendena State Bank?
Based on SBA 7(a) lending track record from 1992-2005
- ✓Proven Track Record: 4 SBA loans approved, totaling $209K in financing
- ✓Industry Expertise: Specialized focus on General Automotive Repair, Soil Preparation, Planting, and Cultivating
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 127 months
- ✓Loan Range: Loan sizes from $25K to $84K, with an average of $52K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in KS, MO
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 Bendena State Bank SBA lending
What types of businesses does Bendena State Bank typically finance?
Bendena State Bank specializes in SBA 7(a) lending to specific industries including general automotive repair, soil preparation, planting, and cultivating. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Bendena State Bank's typical SBA loan terms?
Bendena State Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 127 months (approximately 11 years). Loan sizes range from $25K to $84K, with an average loan size of $52K.
Do I need a business valuation for a Bendena State Bank SBA loan?
Yes, Bendena State 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 Bendena State Bank compare to other SBA lenders?
Bendena State Bank has originated 4 SBA loans totaling $209K since 1992. 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 Bendena State Bank lend in?
Bendena State Bank provides SBA 7(a) financing with particularly strong presence in KS, MO. 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.