Chestatee State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Chestatee State Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621512 | Diagnostic Imaging Centers | 1 | $275K | $275K | 33.3% |
| 561790 | Other Services to Buildings and Dwellings | 1 | $100K | $100K | 33.3% |
Geographic Distribution
SBA lending activity for Chestatee State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Georgia (GA) | 3 | $614K | 100.0% |
Why Choose Chestatee State Bank?
Based on SBA 7(a) lending track record from 2002-2003
- ✓Proven Track Record: 3 SBA loans approved, totaling $614K in financing
- ✓Industry Expertise: Specialized focus on Diagnostic Imaging Centers, Other Services to Buildings and Dwellings
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 63 months
- ✓Loan Range: Loan sizes from $100K to $275K, with an average of $205K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in GA
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 Chestatee State Bank SBA lending
What types of businesses does Chestatee State Bank typically finance?
Chestatee State Bank specializes in SBA 7(a) lending to specific industries including diagnostic imaging centers, other services to buildings and dwellings. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Chestatee State Bank's typical SBA loan terms?
Chestatee State Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 63 months (approximately 5 years). Loan sizes range from $100K to $275K, with an average loan size of $205K.
Do I need a business valuation for a Chestatee State Bank SBA loan?
Yes, Chestatee State 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 Chestatee State Bank compare to other SBA lenders?
Chestatee State Bank has originated 3 SBA loans totaling $614K since 2002. 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 Chestatee State Bank lend in?
Chestatee State Bank provides SBA 7(a) financing with particularly strong presence in 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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