Coleman County State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Coleman County State Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 721110 | Hotels (except Casino Hotels) and Motels | 1 | $393K | $393K | 20.0% |
| 532310 | General Rental Centers | 1 | $250K | $250K | 20.0% |
| 811191 | Automotive Oil Change and Lubrication Shops | 1 | $692K | $692K | 20.0% |
Geographic Distribution
SBA lending activity for Coleman County State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 5 | $1.4M | 100.0% |
Why Choose Coleman County State Bank?
Based on SBA 7(a) lending track record from 1993-2015
- ✓Proven Track Record: 5 SBA loans approved, totaling $1.4M in financing
- ✓Industry Expertise: Specialized focus on Hotels (except Casino Hotels) and Motels, General Rental Centers, Automotive Oil Change and Lubrication Shops
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 92 months
- ✓Loan Range: Loan sizes from $15K to $692K, with an average of $282K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in TX
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 Coleman County State Bank SBA lending
What types of businesses does Coleman County State Bank typically finance?
Coleman County State Bank specializes in SBA 7(a) lending to specific industries including hotels (except casino hotels) and motels, general rental centers, automotive oil change and lubrication shops. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Coleman County State Bank's typical SBA loan terms?
Coleman County State Bank's SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 92 months (approximately 8 years). Loan sizes range from $15K to $692K, with an average loan size of $282K.
Do I need a business valuation for a Coleman County State Bank SBA loan?
Yes, Coleman County 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 Coleman County State Bank compare to other SBA lenders?
Coleman County State Bank has originated 5 SBA loans totaling $1.4M since 1993. 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 Coleman County State Bank lend in?
Coleman County State Bank provides SBA 7(a) financing with particularly strong presence in TX. 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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