Broadway National Bank
SBA 7(a) Lending Profile · FY 2022 analysis
Industry Focus
Top industries served by Broadway National Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722515 | Snack and Nonalcoholic Beverage Bars | 40 | $14.2M | $356K | 7.8% |
| 238210 | Electrical Contractors | 40 | $12.4M | $311K | 7.8% |
| 326199 | All Other Plastics Product Manufacturing | 32 | $40.7M | $1.3M | 6.3% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 24 | $24.5M | $1.0M | 4.7% |
| 484110 | General Freight Trucking, Local | 24 | $10.4M | $433K | 4.7% |
| 561730 | Landscaping Services | 16 | $2.8M | $175K | 3.1% |
| 621610 | Home Health Care Services | 16 | $2.8M | $172K | 3.1% |
| 541611 | Administrative Management and General Management Consulting Services | 16 | $1.0M | $63K | 3.1% |
| 456110 | Other | 16 | $12.5M | $780K | 3.1% |
| 621399 | Offices of All Other Miscellaneous Health Practitioners | 16 | $9.3M | $579K | 3.1% |
Geographic Distribution
SBA lending activity for Broadway National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 512 | $341.0M | 100.0% |
Why Choose Broadway National Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 512 SBA loans approved, totaling $341.0M in financing
- ✓Industry Expertise: Specialized focus on Snack and Nonalcoholic Beverage Bars, Electrical Contractors, All Other Plastics Product Manufacturing
- ✓Competitive Terms: Average interest rate of 7.68% with flexible term lengths averaging 143 months
- ✓Loan Range: Loan sizes from $50K to $4.7M, with an average of $666K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in TX
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 Broadway National Bank SBA lending
What types of businesses does Broadway National Bank typically finance?
Broadway National Bank specializes in SBA 7(a) lending to specific industries including snack and nonalcoholic beverage bars, electrical contractors, all other plastics product manufacturing, plumbing, heating, and air-conditioning contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Broadway National Bank's typical SBA loan terms?
Broadway National Bank's SBA 7(a) loans typically feature an average interest rate of 7.68% and average term length of 143 months (approximately 12 years). Loan sizes range from $50K to $4.7M, with an average loan size of $666K.
Do I need a business valuation for a Broadway National Bank SBA loan?
Yes, Broadway National 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 Broadway National Bank compare to other SBA lenders?
Broadway National Bank has originated 512 SBA loans totaling $341.0M 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 Broadway National Bank lend in?
Broadway National Bank provides SBA 7(a) financing with particularly strong presence in TX. 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.