Builtwell Bank
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by Builtwell Bank · FY 2020
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811111 | General Automotive Repair | 2 | $1.3M | $645K | 18.2% |
| 327320 | Ready-Mix Concrete Manufacturing | 1 | $353K | $353K | 9.1% |
| 721191 | Bed-and-Breakfast Inns | 1 | $493K | $493K | 9.1% |
| 332999 | All Other Miscellaneous Fabricated Metal Product Manufacturing | 1 | $361K | $361K | 9.1% |
| 722511 | Full-Service Restaurants | 1 | $620K | $620K | 9.1% |
| 337110 | Wood Kitchen Cabinet and Countertop Manufacturing | 1 | $150K | $150K | 9.1% |
| 532412 | Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing | 1 | $2.9M | $2.9M | 9.1% |
Geographic Distribution
SBA lending activity for Builtwell Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Georgia (GA) | 11 | $8.7M | 100.0% |
Why Choose Builtwell Bank?
Based on SBA 7(a) lending track record in FY 2020
- ✓Proven Track Record: 11 SBA loans approved, totaling $8.7M in financing
- ✓Industry Expertise: Specialized focus on General Automotive Repair, Ready-Mix Concrete Manufacturing, Bed-and-Breakfast Inns
- ✓Competitive Terms: Average interest rate of 5.23% with flexible term lengths averaging 242 months
- ✓Loan Range: Loan sizes from $150K to $2.9M, with an average of $793K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in GA
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 Builtwell Bank SBA lending
What types of businesses does Builtwell Bank typically finance?
Builtwell Bank specializes in SBA 7(a) lending to specific industries including general automotive repair, ready-mix concrete manufacturing, bed-and-breakfast inns, all other miscellaneous fabricated metal product manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Builtwell Bank's typical SBA loan terms?
Builtwell Bank's SBA 7(a) loans typically feature an average interest rate of 5.23% and average term length of 242 months (approximately 20 years). Loan sizes range from $150K to $2.9M, with an average loan size of $793K.
Do I need a business valuation for a Builtwell Bank SBA loan?
Yes, Builtwell 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 Builtwell Bank compare to other SBA lenders?
Builtwell Bank has originated 11 SBA loans totaling $8.7M in FY 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 Builtwell Bank lend in?
Builtwell Bank provides SBA 7(a) financing with particularly strong presence in GA. 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?
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