Butte State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Butte State Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 333111 | Farm Machinery and Equipment Manufacturing | 1 | $886K | $886K | 50.0% |
| 237990 | Other Heavy and Civil Engineering Construction | 1 | $620K | $620K | 50.0% |
Geographic Distribution
SBA lending activity for Butte State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Nebraska (NE) | 2 | $1.5M | 100.0% |
Why Choose Butte State Bank?
Based on SBA 7(a) lending track record from 2011-2011
- ✓Proven Track Record: 2 SBA loans approved, totaling $1.5M in financing
- ✓Industry Expertise: Specialized focus on Farm Machinery and Equipment Manufacturing, Other Heavy and Civil Engineering Construction
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 150 months
- ✓Loan Range: Loan sizes from $620K to $886K, with an average of $753K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in NE
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 Butte State Bank SBA lending
What types of businesses does Butte State Bank typically finance?
Butte State Bank specializes in SBA 7(a) lending to specific industries including farm machinery and equipment manufacturing, other heavy and civil engineering construction. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Butte State Bank's typical SBA loan terms?
Butte State Bank's SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 150 months (approximately 13 years). Loan sizes range from $620K to $886K, with an average loan size of $753K.
Do I need a business valuation for a Butte State Bank SBA loan?
Yes, Butte State 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 Butte State Bank compare to other SBA lenders?
Butte State Bank has originated 2 SBA loans totaling $1.5M since 2011. 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 Butte State Bank lend in?
Butte State Bank provides SBA 7(a) financing with particularly strong presence in NE. 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.