Coastal Area District Development Authority, Inc.
SBA 7(a) Lending Profile · FY 2021 analysis
Industry Focus
Top industries served by Coastal Area District Development Authority, Inc.
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 713940 | Fitness and Recreational Sports Centers | 32 | $2.2M | $67K | 17.4% |
| 722511 | Full-Service Restaurants | 32 | $4.3M | $134K | 17.4% |
| 812199 | Other Personal Care Services | 8 | $2.5M | $315K | 4.3% |
| 532490 | Other Commercial and Industrial Machinery and Equipment Rental and Lea | 8 | $1.1M | $135K | 4.3% |
| 455219 | Other | 8 | $2.8M | $350K | 4.3% |
| 459140 | Other | 8 | $1.5M | $185K | 4.3% |
| 339950 | Sign Manufacturing | 8 | $2.7M | $335K | 4.3% |
| 621310 | Offices of Chiropractors | 8 | $2.6M | $326K | 4.3% |
| 314910 | Textile Bag and Canvas Mills | 8 | $252K | $32K | 4.3% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 8 | $612K | $77K | 4.3% |
Geographic Distribution
SBA lending activity for Coastal Area District Development Authority, Inc. by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Georgia (GA) | 176 | $23.6M | 95.7% |
| Florida (FL) | 8 | $1.8M | 4.3% |
Why Choose Coastal Area District Development Authority, Inc.?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 184 SBA loans approved, totaling $25.4M in financing
- ✓Industry Expertise: Specialized focus on Fitness and Recreational Sports Centers, Full-Service Restaurants, Other Personal Care Services
- ✓Competitive Terms: Average interest rate of 8.75% with flexible term lengths averaging 106 months
- ✓Loan Range: Loan sizes from $32K to $350K, with an average of $138K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in GA, FL
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 Coastal Area District Development Authority, Inc. SBA lending
What types of businesses does Coastal Area District Development Authority, Inc. typically finance?
Coastal Area District Development Authority, Inc. specializes in SBA 7(a) lending to specific industries including fitness and recreational sports centers, full-service restaurants, other personal care services, other commercial and industrial machinery and equipment rental and lea. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Coastal Area District Development Authority, Inc.'s typical SBA loan terms?
Coastal Area District Development Authority, Inc.'s SBA 7(a) loans typically feature an average interest rate of 8.75% and average term length of 106 months (approximately 9 years). Loan sizes range from $32K to $350K, with an average loan size of $138K.
Do I need a business valuation for a Coastal Area District Development Authority, Inc. SBA loan?
Yes, Coastal Area District Development Authority, Inc. 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 Coastal Area District Development Authority, Inc. compare to other SBA lenders?
Coastal Area District Development Authority, Inc. has originated 184 SBA loans totaling $25.4M 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 Coastal Area District Development Authority, Inc. lend in?
Coastal Area District Development Authority, Inc. provides SBA 7(a) financing with particularly strong presence in GA, FL. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
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