Commercial Bank and Trust Company
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Commercial Bank and Trust Company · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 423930 | Recyclable Material Merchant Wholesalers | 2 | $705K | $353K | 13.3% |
| 238990 | All Other Specialty Trade Contractors | 1 | $26K | $26K | 6.7% |
| 812310 | Coin-Operated Laundries and Drycleaners | 1 | $150K | $150K | 6.7% |
| 713990 | All Other Amusement and Recreation Industries | 1 | $113K | $113K | 6.7% |
| 621512 | Diagnostic Imaging Centers | 1 | $1.1M | $1.1M | 6.7% |
| 812910 | Pet Care (except Veterinary) Services | 1 | $55K | $55K | 6.7% |
| 722511 | Full-Service Restaurants | 1 | $265K | $265K | 6.7% |
| 236210 | Industrial Building Construction | 1 | $80K | $80K | 6.7% |
| 112210 | Hog and Pig Farming | 1 | $500K | $500K | 6.7% |
| 621310 | Offices of Chiropractors | 1 | $53K | $53K | 6.7% |
Geographic Distribution
SBA lending activity for Commercial Bank and Trust Company by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Tennessee (TN) | 14 | $4.1M | 93.3% |
| Mississippi (MS) | 1 | $149K | 6.7% |
Why Choose Commercial Bank and Trust Company?
Based on SBA 7(a) lending track record from 1994-2019
- ✓Proven Track Record: 15 SBA loans approved, totaling $4.3M in financing
- ✓Industry Expertise: Specialized focus on Recyclable Material Merchant Wholesalers, All Other Specialty Trade Contractors, Coin-Operated Laundries and Drycleaners
- ✓Competitive Terms: Average interest rate of 6.17% with flexible term lengths averaging 107 months
- ✓Loan Range: Loan sizes from $26K to $1.1M, with an average of $284K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in TN, MS
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 Commercial Bank and Trust Company SBA lending
What types of businesses does Commercial Bank and Trust Company typically finance?
Commercial Bank and Trust Company specializes in SBA 7(a) lending to specific industries including recyclable material merchant wholesalers, all other specialty trade contractors, coin-operated laundries and drycleaners, all other amusement and recreation industries. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Commercial Bank and Trust Company's typical SBA loan terms?
Commercial Bank and Trust Company's SBA 7(a) loans typically feature an average interest rate of 6.17% and average term length of 107 months (approximately 9 years). Loan sizes range from $26K to $1.1M, with an average loan size of $284K.
Do I need a business valuation for a Commercial Bank and Trust Company SBA loan?
Yes, Commercial Bank and Trust Company 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 Commercial Bank and Trust Company compare to other SBA lenders?
Commercial Bank and Trust Company has originated 15 SBA loans totaling $4.3M since 1994. 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 Commercial Bank and Trust Company lend in?
Commercial Bank and Trust Company provides SBA 7(a) financing with particularly strong presence in TN, MS. 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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