Bridgewater Bank
SBA 7(a) Lending Profile · FY 2025 analysis
Industry Focus
Top industries served by Bridgewater Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 713940 | Fitness and Recreational Sports Centers | 48 | $27.4M | $570K | 14.6% |
| 812990 | All Other Personal Services | 40 | $19.4M | $485K | 12.2% |
| 611620 | Sports and Recreation Instruction | 24 | $54.1M | $2.3M | 7.3% |
| 531390 | Other Activities Related to Real Estate | 16 | $2.2M | $138K | 4.9% |
| 524298 | All Other Insurance Related Activities | 16 | $3.8M | $240K | 4.9% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 16 | $2.3M | $146K | 4.9% |
| 315210 | Cut and Sew Apparel Contractors | 16 | $4.4M | $275K | 4.9% |
| 621399 | Offices of All Other Miscellaneous Health Practitioners | 16 | $18.4M | $1.1M | 4.9% |
| 541519 | Other Computer Related Services | 16 | $46.9M | $2.9M | 4.9% |
| 333511 | Industrial Mold Manufacturing | 16 | $7.4M | $463K | 4.9% |
Geographic Distribution
SBA lending activity for Bridgewater Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Minnesota (MN) | 280 | $226.7M | 85.4% |
| North Dakota (ND) | 8 | $6.4M | 2.4% |
| District of Columbia (DC) | 8 | $6.4M | 2.4% |
| Illinois (IL) | 8 | $4.2M | 2.4% |
| Arizona (AZ) | 8 | $3.4M | 2.4% |
| Wisconsin (WI) | 8 | $3.3M | 2.4% |
| Colorado (CO) | 8 | $3.2M | 2.4% |
Why Choose Bridgewater Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 328 SBA loans approved, totaling $253.5M in financing
- ✓Industry Expertise: Specialized focus on Fitness and Recreational Sports Centers, All Other Personal Services, Sports and Recreation Instruction
- ✓Competitive Terms: Average interest rate of 7.31% with flexible term lengths averaging 94 months
- ✓Loan Range: Loan sizes from $70K to $4.0M, with an average of $773K
- ✓Nationwide Reach: Active lending in 7 states, with strong presence in MN, DC, WI
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 Bridgewater Bank SBA lending
What types of businesses does Bridgewater Bank typically finance?
Bridgewater Bank specializes in SBA 7(a) lending to specific industries including fitness and recreational sports centers, all other personal services, sports and recreation instruction, other activities related to real estate. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Bridgewater Bank's typical SBA loan terms?
Bridgewater Bank's SBA 7(a) loans typically feature an average interest rate of 7.31% and average term length of 94 months (approximately 8 years). Loan sizes range from $70K to $4.0M, with an average loan size of $773K.
Do I need a business valuation for a Bridgewater Bank SBA loan?
Yes, Bridgewater 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 Bridgewater Bank compare to other SBA lenders?
Bridgewater Bank has originated 328 SBA loans totaling $253.5M 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 Bridgewater Bank lend in?
Bridgewater Bank provides SBA 7(a) financing with particularly strong presence in MN, DC, WI, ND, 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.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
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