Century Bank, National Association
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Century Bank, National Association · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811191 | Automotive Oil Change and Lubrication Shops | 1 | $304K | $304K | 6.3% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 1 | $100K | $100K | 6.3% |
| 561621 | Security Systems Services (except Locksmiths) | 1 | $95K | $95K | 6.3% |
| 445110 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 1 | $275K | $275K | 6.3% |
Geographic Distribution
SBA lending activity for Century Bank, National Association by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 11 | $1.0M | 68.8% |
| Arkansas (AR) | 3 | $357K | 18.8% |
| Pennsylvania (PA) | 1 | $46K | 6.3% |
| Georgia (GA) | 1 | $45K | 6.3% |
Why Choose Century Bank, National Association?
Based on SBA 7(a) lending track record from 1994-2004
- ✓Proven Track Record: 16 SBA loans approved, totaling $1.5M in financing
- ✓Industry Expertise: Specialized focus on Automotive Oil Change and Lubrication Shops, Offices of Physicians (except Mental Health Specialists), Security Systems Services (except Locksmiths)
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 96 months
- ✓Loan Range: Loan sizes from $27K to $304K, with an average of $93K
- ✓Nationwide Reach: Active lending in 4 states, with strong presence in TX, AR, PA
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 Century Bank, National Association SBA lending
What types of businesses does Century Bank, National Association typically finance?
Century Bank, National Association specializes in SBA 7(a) lending to specific industries including automotive oil change and lubrication shops, offices of physicians (except mental health specialists), security systems services (except locksmiths), supermarkets and other grocery retailers (except convenience retailers). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Century Bank, National Association's typical SBA loan terms?
Century Bank, National Association's SBA 7(a) loans typically feature an average interest rate of — and average term length of 96 months (approximately 8 years). Loan sizes range from $27K to $304K, with an average loan size of $93K.
Do I need a business valuation for a Century Bank, National Association SBA loan?
Yes, Century Bank, National Association 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 Century Bank, National Association compare to other SBA lenders?
Century Bank, National Association has originated 16 SBA loans totaling $1.5M 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 Century Bank, National Association lend in?
Century Bank, National Association provides SBA 7(a) financing with particularly strong presence in TX, AR, PA, GA. 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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