Cedar Valley Bank & Trust
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Cedar Valley Bank & Trust · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 441110 | New Car Dealers | 3 | $663K | $221K | 15.8% |
| 424910 | Farm Supplies Merchant Wholesalers | 2 | $4.0M | $2.0M | 10.5% |
Geographic Distribution
SBA lending activity for Cedar Valley Bank & Trust by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Iowa (IA) | 19 | $8.8M | 100.0% |
Why Choose Cedar Valley Bank & Trust?
Based on SBA 7(a) lending track record from 1991-2010
- ✓Proven Track Record: 19 SBA loans approved, totaling $8.8M in financing
- ✓Industry Expertise: Specialized focus on New Car Dealers, Farm Supplies Merchant Wholesalers
- ✓Competitive Terms: Average interest rate of 5.50% with flexible term lengths averaging 67 months
- ✓Loan Range: Loan sizes from $47K to $2.0M, with an average of $465K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in IA
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 Valley Bank & Trust SBA lending
What types of businesses does Cedar Valley Bank & Trust typically finance?
Cedar Valley Bank & Trust specializes in SBA 7(a) lending to specific industries including new car dealers, farm supplies merchant wholesalers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Cedar Valley Bank & Trust's typical SBA loan terms?
Cedar Valley Bank & Trust's SBA 7(a) loans typically feature an average interest rate of 5.50% and average term length of 67 months (approximately 6 years). Loan sizes range from $47K to $2.0M, with an average loan size of $465K.
Do I need a business valuation for a Cedar Valley Bank & Trust SBA loan?
Yes, Cedar Valley Bank & Trust 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 Valley Bank & Trust compare to other SBA lenders?
Cedar Valley Bank & Trust has originated 19 SBA loans totaling $8.8M 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 Cedar Valley Bank & Trust lend in?
Cedar Valley Bank & Trust provides SBA 7(a) financing with particularly strong presence in IA. 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.