Beneficial State Bank
SBA 7(a) Lending Profile · FY 2023 analysis
Industry Focus
Top industries served by Beneficial State Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 531120 | Lessors of Nonresidential Buildings (except Miniwarehouses) | 40 | $55.0M | $1.4M | 9.8% |
| 722511 | Full-Service Restaurants | 32 | $63.4M | $2.0M | 7.8% |
| 531190 | Lessors of Other Real Estate Property | 32 | $24.5M | $764K | 7.8% |
| 323111 | Commercial Gravure Printing | 16 | $30.9M | $1.9M | 3.9% |
| 484220 | Specialized Freight (except Used Goods) Trucking, Local | 16 | $5.8M | $365K | 3.9% |
| 624120 | Services for the Elderly and Persons with Disabilities | 16 | $7.6M | $478K | 3.9% |
| 541110 | Offices of Lawyers | 16 | $4.4M | $276K | 3.9% |
| 814110 | Private Households | 8 | $9.9M | $1.2M | 2.0% |
| 453998 | All Other Miscellaneous Store Retailers (except Tobacco Stores) | 8 | $880K | $110K | 2.0% |
| 488410 | Motor Vehicle Towing | 8 | $8.5M | $1.1M | 2.0% |
Geographic Distribution
SBA lending activity for Beneficial State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Oregon (OR) | 200 | $169.4M | 49.0% |
| Washington (WA) | 104 | $121.5M | 25.5% |
| California (CA) | 104 | $77.3M | 25.5% |
Why Choose Beneficial State Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 408 SBA loans approved, totaling $368.2M in financing
- ✓Industry Expertise: Specialized focus on Lessors of Nonresidential Buildings (except Miniwarehouses), Full-Service Restaurants, Lessors of Other Real Estate Property
- ✓Competitive Terms: Average interest rate of 5.97% with flexible term lengths averaging 212 months
- ✓Loan Range: Loan sizes from $105K to $4.9M, with an average of $903K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in OR, CA, WA
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 Beneficial State Bank SBA lending
What types of businesses does Beneficial State Bank typically finance?
Beneficial State Bank specializes in SBA 7(a) lending to specific industries including lessors of nonresidential buildings (except miniwarehouses), full-service restaurants, lessors of other real estate property, commercial gravure printing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Beneficial State Bank's typical SBA loan terms?
Beneficial State Bank's SBA 7(a) loans typically feature an average interest rate of 5.97% and average term length of 212 months (approximately 18 years). Loan sizes range from $105K to $4.9M, with an average loan size of $903K.
Do I need a business valuation for a Beneficial State Bank SBA loan?
Yes, Beneficial 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 Beneficial State Bank compare to other SBA lenders?
Beneficial State Bank has originated 408 SBA loans totaling $368.2M 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 Beneficial State Bank lend in?
Beneficial State Bank provides SBA 7(a) financing with particularly strong presence in OR, CA, 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.
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.