Colony Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Colony Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 384 | $206.8M | $538K | 4.4% |
| 722513 | Limited-Service Restaurants | 296 | $113.2M | $382K | 3.4% |
| 621210 | Offices of Dentists | 208 | $174.5M | $839K | 2.4% |
| 541990 | All Other Professional, Scientific, and Technical Services | 192 | $28.0M | $146K | 2.2% |
| 812113 | Nail Salons | 184 | $33.2M | $180K | 2.1% |
| 524210 | Insurance Agencies and Brokerages | 160 | $32.8M | $205K | 1.8% |
| 812990 | All Other Personal Services | 152 | $64.7M | $426K | 1.7% |
| 484121 | General Freight Trucking, Long Distance, Truckload | 144 | $59.1M | $411K | 1.6% |
| 561730 | Landscaping Services | 144 | $34.6M | $240K | 1.6% |
| 811111 | General Automotive Repair | 136 | $40.4M | $297K | 1.5% |
Geographic Distribution
SBA lending activity for Colony Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Georgia (GA) | 896 | $950.7M | 10.2% |
| Texas (TX) | 1,000 | $674.9M | 11.3% |
| Florida (FL) | 1,112 | $608.1M | 12.6% |
| California (CA) | 1,040 | $478.8M | 11.8% |
| Virginia (VA) | 176 | $165.0M | 2.0% |
| Michigan (MI) | 256 | $154.9M | 2.9% |
| Ohio (OH) | 224 | $134.0M | 2.5% |
| Maryland (MD) | 160 | $123.2M | 1.8% |
| New York (NY) | 744 | $121.3M | 8.4% |
| Illinois (IL) | 304 | $112.5M | 3.4% |
| New Mexico (NM) | 56 | $94.4M | 0.6% |
| Louisiana (LA) | 120 | $76.1M | 1.4% |
| Pennsylvania (PA) | 208 | $74.9M | 2.4% |
| Colorado (CO) | 160 | $71.4M | 1.8% |
| Arizona (AZ) | 176 | $65.7M | 2.0% |
| North Carolina (NC) | 224 | $58.5M | 2.5% |
| Oklahoma (OK) | 64 | $50.4M | 0.7% |
| Connecticut (CT) | 88 | $48.8M | 1.0% |
| West Virginia (WV) | 24 | $48.2M | 0.3% |
| New Jersey (NJ) | 304 | $47.5M | 3.4% |
| District of Columbia (DC) | 64 | $43.4M | 0.7% |
| Massachusetts (MA) | 128 | $42.8M | 1.5% |
| Montana (MT) | 32 | $42.7M | 0.4% |
| Iowa (IA) | 40 | $38.1M | 0.5% |
| Tennessee (TN) | 96 | $37.8M | 1.1% |
| Washington (WA) | 96 | $36.8M | 1.1% |
| Nevada (NV) | 64 | $36.4M | 0.7% |
| South Carolina (SC) | 88 | $35.9M | 1.0% |
| Oregon (OR) | 80 | $31.0M | 0.9% |
| Alabama (AL) | 64 | $30.8M | 0.7% |
| Missouri (MO) | 80 | $30.6M | 0.9% |
| New Hampshire (NH) | 56 | $23.7M | 0.6% |
| Minnesota (MN) | 48 | $18.6M | 0.5% |
| Delaware (DE) | 24 | $15.8M | 0.3% |
| Utah (UT) | 88 | $14.6M | 1.0% |
| Indiana (IN) | 80 | $12.0M | 0.9% |
| Kansas (KS) | 64 | $8.7M | 0.7% |
| Wisconsin (WI) | 64 | $8.1M | 0.7% |
| Kentucky (KY) | 56 | $7.8M | 0.6% |
| Maine (ME) | 32 | $5.7M | 0.4% |
| Nebraska (NE) | 24 | $3.4M | 0.3% |
| Wyoming (WY) | 24 | $3.3M | 0.3% |
| Rhode Island (RI) | 24 | $2.6M | 0.3% |
| Idaho (ID) | 16 | $2.4M | 0.2% |
| Arkansas (AR) | 16 | $2.4M | 0.2% |
| Mississippi (MS) | 16 | $2.4M | 0.2% |
| North Dakota (ND) | 8 | $1.2M | 0.1% |
| South Dakota (SD) | 8 | $800K | 0.1% |
Why Choose Colony Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 8,816 SBA loans approved, totaling $4.70B in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Limited-Service Restaurants, Offices of Dentists
- ✓Competitive Terms: Average interest rate of 10.58% with flexible term lengths averaging 138 months
- ✓Loan Range: Loan sizes from $16K to $5.0M, with an average of $533K
- ✓Nationwide Reach: Active lending in 48 states, with strong presence in FL, CA, 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 Colony Bank SBA lending
What types of businesses does Colony Bank typically finance?
Colony Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, limited-service restaurants, offices of dentists, all other professional, scientific, and technical services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Colony Bank's typical SBA loan terms?
Colony Bank's SBA 7(a) loans typically feature an average interest rate of 10.58% and average term length of 138 months (approximately 12 years). Loan sizes range from $16K to $5.0M, with an average loan size of $533K.
Do I need a business valuation for a Colony Bank SBA loan?
Yes, Colony 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 Colony Bank compare to other SBA lenders?
Colony Bank has originated 8,816 SBA loans totaling $4.70B 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 Colony Bank lend in?
Colony Bank provides SBA 7(a) financing with particularly strong presence in FL, CA, TX, GA, NY. 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.
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