Central National Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Central National Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 524210 | Insurance Agencies and Brokerages | 9 | $650K | $72K | 2.2% |
| 811111 | General Automotive Repair | 8 | $818K | $102K | 2.0% |
| 238210 | Electrical Contractors and Other Wiring Installation Contractors | 8 | $534K | $67K | 2.0% |
| 621310 | Offices of Chiropractors | 7 | $366K | $52K | 1.7% |
| 561730 | Landscaping Services | 6 | $546K | $91K | 1.5% |
| 332710 | Machine Shops | 6 | $1.6M | $275K | 1.5% |
| 812199 | Other Personal Care Services | 6 | $234K | $39K | 1.5% |
| 621320 | Offices of Optometrists | 5 | $386K | $77K | 1.2% |
| 812112 | Beauty Salons | 5 | $558K | $112K | 1.2% |
| 624410 | Child Care Services | 4 | $426K | $107K | 1.0% |
Geographic Distribution
SBA lending activity for Central National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Kansas (KS) | 382 | $55.3M | 94.1% |
| Texas (TX) | 11 | $2.3M | 2.7% |
| Missouri (MO) | 5 | $1.0M | 1.2% |
| Nebraska (NE) | 4 | $614K | 1.0% |
| Minnesota (MN) | 1 | $350K | 0.2% |
| Arkansas (AR) | 1 | $350K | 0.2% |
| Colorado (CO) | 2 | $220K | 0.5% |
Why Choose Central National Bank?
Based on SBA 7(a) lending track record from 1991-2024
- ✓Proven Track Record: 406 SBA loans approved, totaling $60.2M in financing
- ✓Industry Expertise: Specialized focus on Insurance Agencies and Brokerages, General Automotive Repair, Electrical Contractors and Other Wiring Installation Contractors
- ✓Competitive Terms: Average interest rate of 6.06% with flexible term lengths averaging 94 months
- ✓Loan Range: Loan sizes from $5K to $2.4M, with an average of $148K
- ✓Nationwide Reach: Active lending in 7 states, with strong presence in KS, TX, MO
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 Central National Bank SBA lending
What types of businesses does Central National Bank typically finance?
Central National Bank specializes in SBA 7(a) lending to specific industries including insurance agencies and brokerages, general automotive repair, electrical contractors and other wiring installation contractors, offices of chiropractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Central National Bank's typical SBA loan terms?
Central National Bank's SBA 7(a) loans typically feature an average interest rate of 6.06% and average term length of 94 months (approximately 8 years). Loan sizes range from $5K to $2.4M, with an average loan size of $148K.
Do I need a business valuation for a Central National Bank SBA loan?
Yes, Central National 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 Central National Bank compare to other SBA lenders?
Central National Bank has originated 406 SBA loans totaling $60.2M 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 Central National Bank lend in?
Central National Bank provides SBA 7(a) financing with particularly strong presence in KS, TX, MO, NE, CO. 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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