Carrollton Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Carrollton Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 332420 | Metal Tank (Heavy Gauge) Manufacturing | 4 | $18.5M | $4.6M | 5.1% |
| 812310 | Coin-Operated Laundries and Drycleaners | 2 | $140K | $70K | 2.5% |
| 624410 | Child Care Services | 2 | $630K | $315K | 2.5% |
| 339112 | Surgical and Medical Instrument Manufacturing | 2 | $750K | $375K | 2.5% |
| 621210 | Offices of Dentists | 2 | $190K | $95K | 2.5% |
| 332710 | Machine Shops | 2 | $3.3M | $1.6M | 2.5% |
| 811310 | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | 1 | $50K | $50K | 1.3% |
| 238990 | All Other Specialty Trade Contractors | 1 | $115K | $115K | 1.3% |
| 441110 | New Car Dealers | 1 | $50K | $50K | 1.3% |
| 541211 | Offices of Certified Public Accountants | 1 | $183K | $183K | 1.3% |
Geographic Distribution
SBA lending activity for Carrollton Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Missouri (MO) | 9 | $20.9M | 11.4% |
| Maryland (MD) | 62 | $8.2M | 78.5% |
| Illinois (IL) | 8 | $6.3M | 10.1% |
Why Choose Carrollton Bank?
Based on SBA 7(a) lending track record from 1994-2022
- ✓Proven Track Record: 79 SBA loans approved, totaling $35.4M in financing
- ✓Industry Expertise: Specialized focus on Metal Tank (Heavy Gauge) Manufacturing, Coin-Operated Laundries and Drycleaners, Child Care Services
- ✓Competitive Terms: Average interest rate of 5.35% with flexible term lengths averaging 66 months
- ✓Loan Range: Loan sizes from $15K to $5.0M, with an average of $448K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in MD, MO, 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 Carrollton Bank SBA lending
What types of businesses does Carrollton Bank typically finance?
Carrollton Bank specializes in SBA 7(a) lending to specific industries including metal tank (heavy gauge) manufacturing, coin-operated laundries and drycleaners, child care services, surgical and medical instrument manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Carrollton Bank's typical SBA loan terms?
Carrollton Bank's SBA 7(a) loans typically feature an average interest rate of 5.35% and average term length of 66 months (approximately 6 years). Loan sizes range from $15K to $5.0M, with an average loan size of $448K.
Do I need a business valuation for a Carrollton Bank SBA loan?
Yes, Carrollton 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 Carrollton Bank compare to other SBA lenders?
Carrollton Bank has originated 79 SBA loans totaling $35.4M since 1994. 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 Carrollton Bank lend in?
Carrollton Bank provides SBA 7(a) financing with particularly strong presence in MD, MO, 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.
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