CNB Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by CNB Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 40 | $5.5M | $136K | 9.4% |
| 722513 | Limited-Service Restaurants | 24 | $6.8M | $282K | 5.7% |
| 238110 | Poured Concrete Foundation and Structure Contractors | 16 | $3.2M | $198K | 3.8% |
| 624410 | Child Day Care Services | 16 | $1.4M | $88K | 3.8% |
| 541890 | Other Services Related to Advertising | 16 | $5.8M | $363K | 3.8% |
| 238390 | Other Building Finishing Contractors | 16 | $1.9M | $120K | 3.8% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 16 | $2.2M | $135K | 3.8% |
| 332710 | Machine Shops | 16 | $26.0M | $1.6M | 3.8% |
| 332322 | Sheet Metal Work Manufacturing | 16 | $7.6M | $474K | 3.8% |
| 238130 | Framing Contractors | 8 | $2.4M | $300K | 1.9% |
Geographic Distribution
SBA lending activity for CNB Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| New York (NY) | 160 | $132.4M | 37.7% |
| Ohio (OH) | 160 | $81.3M | 37.7% |
| Pennsylvania (PA) | 96 | $63.8M | 22.6% |
| Virginia (VA) | 8 | $1.8M | 1.9% |
Why Choose CNB Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 424 SBA loans approved, totaling $279.2M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Limited-Service Restaurants, Poured Concrete Foundation and Structure Contractors
- ✓Competitive Terms: Average interest rate of 7.30% with flexible term lengths averaging 113 months
- ✓Loan Range: Loan sizes from $15K to $5.0M, with an average of $658K
- ✓Nationwide Reach: Active lending in 4 states, with strong presence in OH, NY, 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 CNB Bank SBA lending
What types of businesses does CNB Bank typically finance?
CNB Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, limited-service restaurants, poured concrete foundation and structure contractors, child day care services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are CNB Bank's typical SBA loan terms?
CNB Bank's SBA 7(a) loans typically feature an average interest rate of 7.30% and average term length of 113 months (approximately 9 years). Loan sizes range from $15K to $5.0M, with an average loan size of $658K.
Do I need a business valuation for a CNB Bank SBA loan?
Yes, CNB 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 CNB Bank compare to other SBA lenders?
CNB Bank has originated 424 SBA loans totaling $279.2M since 2020. 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 CNB Bank lend in?
CNB Bank provides SBA 7(a) financing with particularly strong presence in OH, NY, PA, VA. 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?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.