Carroll County Bank and Trust Company
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Carroll County Bank and Trust Company · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 112310 | Chicken Egg Production | 1 | $750K | $750K | 3.1% |
| 813910 | Business Associations | 1 | $10K | $10K | 3.1% |
| 339920 | Sporting and Athletic Goods Manufacturing | 1 | $50K | $50K | 3.1% |
| 541940 | Veterinary Services | 1 | $110K | $110K | 3.1% |
| 333993 | Packaging Machinery Manufacturing | 1 | $175K | $175K | 3.1% |
| 532120 | Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing | 1 | $24K | $24K | 3.1% |
| 811111 | General Automotive Repair | 1 | $200K | $200K | 3.1% |
Geographic Distribution
SBA lending activity for Carroll County Bank and Trust Company by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Maryland (MD) | 32 | $2.9M | 100.0% |
Why Choose Carroll County Bank and Trust Company?
Based on SBA 7(a) lending track record from 1991-1999
- ✓Proven Track Record: 32 SBA loans approved, totaling $2.9M in financing
- ✓Industry Expertise: Specialized focus on Chicken Egg Production, Business Associations, Sporting and Athletic Goods Manufacturing
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 80 months
- ✓Loan Range: Loan sizes from $5K to $750K, with an average of $90K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MD
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 Carroll County Bank and Trust Company SBA lending
What types of businesses does Carroll County Bank and Trust Company typically finance?
Carroll County Bank and Trust Company specializes in SBA 7(a) lending to specific industries including chicken egg production, business associations, sporting and athletic goods manufacturing, veterinary services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Carroll County Bank and Trust Company's typical SBA loan terms?
Carroll County Bank and Trust Company's SBA 7(a) loans typically feature an average interest rate of — and average term length of 80 months (approximately 7 years). Loan sizes range from $5K to $750K, with an average loan size of $90K.
Do I need a business valuation for a Carroll County Bank and Trust Company SBA loan?
Yes, Carroll County Bank and Trust Company 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 Carroll County Bank and Trust Company compare to other SBA lenders?
Carroll County Bank and Trust Company has originated 32 SBA loans totaling $2.9M since 1991. 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 Carroll County Bank and Trust Company lend in?
Carroll County Bank and Trust Company provides SBA 7(a) financing with particularly strong presence in MD. 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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