Bridge Community Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Bridge Community Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 454390 | Other Direct Selling Establishments | 8 | $400K | $50K | 100.0% |
Geographic Distribution
SBA lending activity for Bridge Community Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Iowa (IA) | 8 | $400K | 100.0% |
Why Choose Bridge Community Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 8 SBA loans approved, totaling $400K in financing
- ✓Industry Expertise: Specialized focus on Other Direct Selling Establishments
- ✓Competitive Terms: Average interest rate of 4.00% with flexible term lengths averaging 60 months
- ✓Loan Range: Loan sizes from $50K to $50K, with an average of $50K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in IA
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 Bridge Community Bank SBA lending
What types of businesses does Bridge Community Bank typically finance?
Bridge Community Bank specializes in SBA 7(a) lending to specific industries including other direct selling establishments. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Bridge Community Bank's typical SBA loan terms?
Bridge Community Bank's SBA 7(a) loans typically feature an average interest rate of 4.00% and average term length of 60 months (approximately 5 years). Loan sizes range from $50K to $50K, with an average loan size of $50K.
Do I need a business valuation for a Bridge Community Bank SBA loan?
Yes, Bridge Community 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 Bridge Community Bank compare to other SBA lenders?
Bridge Community Bank has originated 8 SBA loans totaling $400K 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 Bridge Community Bank lend in?
Bridge Community Bank provides SBA 7(a) financing with particularly strong presence in 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.
Get your certified valuation from Fair Market Value.