BNY Mellon, National Association
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by BNY Mellon, National Association · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621210 | Offices of Dentists | 20 | $1.6M | $78K | 5.3% |
| 441110 | New Car Dealers | 5 | $1.1M | $224K | 1.3% |
| 621391 | Offices of Podiatrists | 4 | $225K | $56K | 1.1% |
| 541310 | Architectural Services | 4 | $330K | $83K | 1.1% |
| 621310 | Offices of Chiropractors | 4 | $215K | $54K | 1.1% |
| 112320 | Broilers and Other Meat Type Chicken Production | 3 | $1.1M | $380K | 0.8% |
| 541810 | Advertising Agencies | 3 | $74K | $25K | 0.8% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 3 | $264K | $88K | 0.8% |
| 541940 | Veterinary Services | 3 | $272K | $91K | 0.8% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 3 | $432K | $144K | 0.8% |
Geographic Distribution
SBA lending activity for BNY Mellon, National Association by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Pennsylvania (PA) | 337 | $50.8M | 89.2% |
| Delaware (DE) | 13 | $3.4M | 3.4% |
| New York (NY) | 14 | $1.5M | 3.7% |
| New Jersey (NJ) | 10 | $1.3M | 2.6% |
| Ohio (OH) | 1 | $250K | 0.3% |
| Maryland (MD) | 2 | $236K | 0.5% |
| Massachusetts (MA) | 1 | $147K | 0.3% |
Why Choose BNY Mellon, National Association?
Based on SBA 7(a) lending track record from 1991-2005
- ✓Proven Track Record: 378 SBA loans approved, totaling $57.6M in financing
- ✓Industry Expertise: Specialized focus on Offices of Dentists, New Car Dealers, Offices of Podiatrists
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 81 months
- ✓Loan Range: Loan sizes from $7K to $1.1M, with an average of $152K
- ✓Nationwide Reach: Active lending in 7 states, with strong presence in PA, NY, DE
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 BNY Mellon, National Association SBA lending
What types of businesses does BNY Mellon, National Association typically finance?
BNY Mellon, National Association specializes in SBA 7(a) lending to specific industries including offices of dentists, new car dealers, offices of podiatrists, architectural services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are BNY Mellon, National Association's typical SBA loan terms?
BNY Mellon, National Association's SBA 7(a) loans typically feature an average interest rate of — and average term length of 81 months (approximately 7 years). Loan sizes range from $7K to $1.1M, with an average loan size of $152K.
Do I need a business valuation for a BNY Mellon, National Association SBA loan?
Yes, BNY Mellon, 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 BNY Mellon, National Association compare to other SBA lenders?
BNY Mellon, National Association has originated 378 SBA loans totaling $57.6M since 1991. 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 BNY Mellon, National Association lend in?
BNY Mellon, National Association provides SBA 7(a) financing with particularly strong presence in PA, NY, DE, NJ, MD. 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.
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