Cedar Security Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Cedar Security Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 327320 | Ready-Mix Concrete Manufacturing | 3 | $1.6M | $519K | 30.0% |
| 812990 | All Other Personal Services | 1 | $293K | $293K | 10.0% |
| 541940 | Veterinary Services | 1 | $105K | $105K | 10.0% |
| 611620 | Sports and Recreation Instruction | 1 | $137K | $137K | 10.0% |
Geographic Distribution
SBA lending activity for Cedar Security Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Nebraska (NE) | 10 | $3.0M | 100.0% |
Why Choose Cedar Security Bank?
Based on SBA 7(a) lending track record from 1992-2022
- ✓Proven Track Record: 10 SBA loans approved, totaling $3.0M in financing
- ✓Industry Expertise: Specialized focus on Ready-Mix Concrete Manufacturing, All Other Personal Services, Veterinary Services
- ✓Competitive Terms: Average interest rate of 5.52% with flexible term lengths averaging 148 months
- ✓Loan Range: Loan sizes from $43K to $558K, with an average of $303K
- ✓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 Cedar Security Bank SBA lending
What types of businesses does Cedar Security Bank typically finance?
Cedar Security Bank specializes in SBA 7(a) lending to specific industries including ready-mix concrete manufacturing, all other personal services, veterinary services, sports and recreation instruction. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Cedar Security Bank's typical SBA loan terms?
Cedar Security Bank's SBA 7(a) loans typically feature an average interest rate of 5.52% and average term length of 148 months (approximately 12 years). Loan sizes range from $43K to $558K, with an average loan size of $303K.
Do I need a business valuation for a Cedar Security Bank SBA loan?
Yes, Cedar Security 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 Cedar Security Bank compare to other SBA lenders?
Cedar Security Bank has originated 10 SBA loans totaling $3.0M since 1992. 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 Cedar Security Bank lend in?
Cedar Security 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.
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