Champlain National Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Champlain National Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 561740 | Carpet and Upholstery Cleaning Services | 1 | $60K | $60K | 4.0% |
| 334513 | Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables | 1 | $32K | $32K | 4.0% |
| 445110 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 1 | $368K | $368K | 4.0% |
Geographic Distribution
SBA lending activity for Champlain National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| New York (NY) | 25 | $2.7M | 100.0% |
Why Choose Champlain National Bank?
Based on SBA 7(a) lending track record from 1992-2002
- ✓Proven Track Record: 25 SBA loans approved, totaling $2.7M in financing
- ✓Industry Expertise: Specialized focus on Carpet and Upholstery Cleaning Services, Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 109 months
- ✓Loan Range: Loan sizes from $15K to $370K, with an average of $109K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in NY
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 Champlain National Bank SBA lending
What types of businesses does Champlain National Bank typically finance?
Champlain National Bank specializes in SBA 7(a) lending to specific industries including carpet and upholstery cleaning services, instruments and related products manufacturing for measuring, displaying, and controlling industrial process variables, 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 Champlain National Bank's typical SBA loan terms?
Champlain National Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 109 months (approximately 9 years). Loan sizes range from $15K to $370K, with an average loan size of $109K.
Do I need a business valuation for a Champlain National Bank SBA loan?
Yes, Champlain 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 Champlain National Bank compare to other SBA lenders?
Champlain National Bank has originated 25 SBA loans totaling $2.7M 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 Champlain National Bank lend in?
Champlain National Bank provides SBA 7(a) financing with particularly strong presence in NY. 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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