Buena Vista National Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Buena Vista National Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811310 | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | 1 | $113K | $113K | 10.0% |
| 112920 | Horses and Other Equine Production | 1 | $40K | $40K | 10.0% |
| 541410 | Interior Design Services | 1 | $40K | $40K | 10.0% |
Geographic Distribution
SBA lending activity for Buena Vista National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Illinois (IL) | 10 | $932K | 100.0% |
Why Choose Buena Vista National Bank?
Based on SBA 7(a) lending track record from 1992-2009
- ✓Proven Track Record: 10 SBA loans approved, totaling $932K in financing
- ✓Industry Expertise: Specialized focus on Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Horses and Other Equine Production, Interior Design Services
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 121 months
- ✓Loan Range: Loan sizes from $11K to $260K, with an average of $93K
- ✓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 Buena Vista National Bank SBA lending
What types of businesses does Buena Vista National Bank typically finance?
Buena Vista National Bank specializes in SBA 7(a) lending to specific industries including commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance, horses and other equine production, interior design services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Buena Vista National Bank's typical SBA loan terms?
Buena Vista National Bank's SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 121 months (approximately 10 years). Loan sizes range from $11K to $260K, with an average loan size of $93K.
Do I need a business valuation for a Buena Vista National Bank SBA loan?
Yes, Buena Vista 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 Buena Vista National Bank compare to other SBA lenders?
Buena Vista National Bank has originated 10 SBA loans totaling $932K since 1992. 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 Buena Vista National Bank lend in?
Buena Vista National Bank 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.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.