Beverly Bank & Trust Company, National Association
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Beverly Bank & Trust Company, National Association
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 32 | $18.9M | $590K | 10.5% |
| 713940 | Fitness and Recreational Sports Centers | 24 | $2.6M | $107K | 7.9% |
| 445110 | Supermarkets and Other Grocery (except Convenience) Stores | 16 | $4.4M | $275K | 5.3% |
| 512110 | Motion Picture and Video Production | 16 | $6.4M | $401K | 5.3% |
| 445310 | Beer, Wine, and Liquor Stores | 16 | $8.5M | $529K | 5.3% |
| 311111 | Dog and Cat Food Manufacturing | 16 | $1.6M | $100K | 5.3% |
| 541380 | Testing Laboratories | 16 | $4.0M | $249K | 5.3% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 16 | $2.0M | $126K | 5.3% |
| 424490 | Other Grocery and Related Products Merchant Wholesalers | 16 | $4.0M | $250K | 5.3% |
| 238210 | Electrical Contractors | 8 | $800K | $100K | 2.6% |
Geographic Distribution
SBA lending activity for Beverly Bank & Trust Company, National Association by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Illinois (IL) | 304 | $124.7M | 100.0% |
Why Choose Beverly Bank & Trust Company, National Association?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 304 SBA loans approved, totaling $124.7M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Fitness and Recreational Sports Centers, Supermarkets and Other Grocery (except Convenience) Stores
- ✓Competitive Terms: Average interest rate of 7.52% with flexible term lengths averaging 132 months
- ✓Loan Range: Loan sizes from $50K to $2.4M, with an average of $410K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in IL
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 Beverly Bank & Trust Company, National Association SBA lending
What types of businesses does Beverly Bank & Trust Company, National Association typically finance?
Beverly Bank & Trust Company, National Association specializes in SBA 7(a) lending to specific industries including full-service restaurants, fitness and recreational sports centers, supermarkets and other grocery (except convenience) stores, motion picture and video production. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Beverly Bank & Trust Company, National Association's typical SBA loan terms?
Beverly Bank & Trust Company, National Association's SBA 7(a) loans typically feature an average interest rate of 7.52% and average term length of 132 months (approximately 11 years). Loan sizes range from $50K to $2.4M, with an average loan size of $410K.
Do I need a business valuation for a Beverly Bank & Trust Company, National Association SBA loan?
Yes, Beverly Bank & Trust Company, National Association 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 Beverly Bank & Trust Company, National Association compare to other SBA lenders?
Beverly Bank & Trust Company, National Association has originated 304 SBA loans totaling $124.7M 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 Beverly Bank & Trust Company, National Association lend in?
Beverly Bank & Trust Company, National Association provides SBA 7(a) financing with particularly strong presence in IL. 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.
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Professional valuations are often required for SBA loans over $250,000.
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