Coastal Enterprises Inc.
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Coastal Enterprises Inc. · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 111998 | All Other Miscellaneous Crop Farming | 1 | $100K | $100K | 50.0% |
| 541330 | Engineering Services | 1 | $197K | $197K | 50.0% |
Geographic Distribution
SBA lending activity for Coastal Enterprises Inc. by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Maine (ME) | 2 | $297K | 100.0% |
Why Choose Coastal Enterprises Inc.?
Based on SBA 7(a) lending track record from 2012-2013
- ✓Proven Track Record: 2 SBA loans approved, totaling $297K in financing
- ✓Industry Expertise: Specialized focus on All Other Miscellaneous Crop Farming, Engineering Services
- ✓Competitive Terms: Average interest rate of 6.75% with flexible term lengths averaging 120 months
- ✓Loan Range: Loan sizes from $100K to $197K, with an average of $149K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in ME
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 Enterprises Inc. SBA lending
What types of businesses does Coastal Enterprises Inc. typically finance?
Coastal Enterprises Inc. specializes in SBA 7(a) lending to specific industries including all other miscellaneous crop farming, engineering services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Coastal Enterprises Inc.'s typical SBA loan terms?
Coastal Enterprises Inc.'s SBA 7(a) loans typically feature an average interest rate of 6.75% and average term length of 120 months (approximately 10 years). Loan sizes range from $100K to $197K, with an average loan size of $149K.
Do I need a business valuation for a Coastal Enterprises Inc. SBA loan?
Yes, Coastal Enterprises 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 Enterprises Inc. compare to other SBA lenders?
Coastal Enterprises Inc. has originated 2 SBA loans totaling $297K since 2012. 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 Enterprises Inc. lend in?
Coastal Enterprises Inc. provides SBA 7(a) financing with particularly strong presence in ME. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
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