Cape and Coast Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Cape and Coast Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 3 | $4.7M | $1.6M | 6.0% |
| 722511 | Full-Service Restaurants | 3 | $302K | $101K | 6.0% |
| 485310 | Taxi and Ridesharing Services | 2 | $2.0M | $1.0M | 4.0% |
| 621399 | Offices of All Other Miscellaneous Health Practitioners | 2 | $865K | $433K | 4.0% |
| 721110 | Hotels (except Casino Hotels) and Motels | 2 | $175K | $88K | 4.0% |
| 459110 | Sporting Goods Retailers | 2 | $773K | $386K | 4.0% |
| 531120 | Lessors of Nonresidential Buildings (except Miniwarehouses) | 2 | $310K | $155K | 4.0% |
| 561730 | Landscaping Services | 2 | $1.0M | $510K | 4.0% |
| 541490 | Other Specialized Design Services | 2 | $1.0M | $500K | 4.0% |
| 541613 | Marketing Consulting Services | 2 | $69K | $35K | 4.0% |
Geographic Distribution
SBA lending activity for Cape and Coast Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Massachusetts (MA) | 49 | $18.3M | 98.0% |
| Georgia (GA) | 1 | $1.4M | 2.0% |
Why Choose Cape and Coast Bank?
Based on SBA 7(a) lending track record from 2001-2025
- ✓Proven Track Record: 50 SBA loans approved, totaling $19.7M in financing
- ✓Industry Expertise: Specialized focus on Plumbing, Heating, and Air-Conditioning Contractors, Full-Service Restaurants, Taxi and Ridesharing Services
- ✓Competitive Terms: Average interest rate of 7.16% with flexible term lengths averaging 110 months
- ✓Loan Range: Loan sizes from $10K to $4.3M, with an average of $393K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in MA, 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 Cape and Coast Bank SBA lending
What types of businesses does Cape and Coast Bank typically finance?
Cape and Coast Bank specializes in SBA 7(a) lending to specific industries including plumbing, heating, and air-conditioning contractors, full-service restaurants, taxi and ridesharing services, offices of all other miscellaneous health practitioners. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Cape and Coast Bank's typical SBA loan terms?
Cape and Coast Bank's SBA 7(a) loans typically feature an average interest rate of 7.16% and average term length of 110 months (approximately 9 years). Loan sizes range from $10K to $4.3M, with an average loan size of $393K.
Do I need a business valuation for a Cape and Coast Bank SBA loan?
Yes, Cape and Coast 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 Cape and Coast Bank compare to other SBA lenders?
Cape and Coast Bank has originated 50 SBA loans totaling $19.7M since 2001. 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 Cape and Coast Bank lend in?
Cape and Coast Bank provides SBA 7(a) financing with particularly strong presence in MA, 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?
Certified valuations are often required for SBA loans over $250,000.
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