Comerica Bank-Texas
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Comerica Bank-Texas · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811111 | General Automotive Repair | 8 | $3.4M | $431K | 2.3% |
| 621210 | Offices of Dentists | 8 | $1.6M | $195K | 2.3% |
| 624410 | Child Care Services | 5 | $817K | $163K | 1.4% |
| 541310 | Architectural Services | 4 | $896K | $224K | 1.1% |
| 541110 | Offices of Lawyers | 3 | $1.1M | $358K | 0.9% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 3 | $600K | $200K | 0.9% |
| 713940 | Fitness and Recreational Sports Centers | 2 | $2.9M | $1.4M | 0.6% |
| 337110 | Wood Kitchen Cabinet and Countertop Manufacturing | 2 | $222K | $111K | 0.6% |
| 541511 | Custom Computer Programming Services | 2 | $200K | $100K | 0.6% |
| 812310 | Coin-Operated Laundries and Drycleaners | 2 | $1.5M | $730K | 0.6% |
Geographic Distribution
SBA lending activity for Comerica Bank-Texas by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 193 | $50.7M | 55.0% |
| Texas (TX) | 150 | $44.2M | 42.7% |
| Virginia (VA) | 1 | $1.3M | 0.3% |
| Missouri (MO) | 2 | $1.0M | 0.6% |
| Florida (FL) | 1 | $725K | 0.3% |
| New Mexico (NM) | 1 | $326K | 0.3% |
| Michigan (MI) | 1 | $257K | 0.3% |
| Minnesota (MN) | 1 | $250K | 0.3% |
| Massachusetts (MA) | 1 | $175K | 0.3% |
Why Choose Comerica Bank-Texas?
Based on SBA 7(a) lending track record from 1991-2007
- ✓Proven Track Record: 351 SBA loans approved, totaling $99.1M in financing
- ✓Industry Expertise: Specialized focus on General Automotive Repair, Offices of Dentists, Child Care Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 149 months
- ✓Loan Range: Loan sizes from $100 to $1.6M, with an average of $282K
- ✓Nationwide Reach: Active lending in 9 states, with strong presence in CA, TX, MO
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 Comerica Bank-Texas SBA lending
What types of businesses does Comerica Bank-Texas typically finance?
Comerica Bank-Texas specializes in SBA 7(a) lending to specific industries including general automotive repair, offices of dentists, child care services, architectural services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Comerica Bank-Texas's typical SBA loan terms?
Comerica Bank-Texas's SBA 7(a) loans typically feature an average interest rate of — and average term length of 149 months (approximately 12 years). Loan sizes range from $100 to $1.6M, with an average loan size of $282K.
Do I need a business valuation for a Comerica Bank-Texas SBA loan?
Yes, Comerica Bank-Texas 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 Comerica Bank-Texas compare to other SBA lenders?
Comerica Bank-Texas has originated 351 SBA loans totaling $99.1M since 1991. 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 Comerica Bank-Texas lend in?
Comerica Bank-Texas provides SBA 7(a) financing with particularly strong presence in CA, TX, MO, NM, FL. 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?
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