Commercial Bank of Mott
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Commercial Bank of Mott
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 8 | $1.4M | $169K | 100.0% |
Geographic Distribution
SBA lending activity for Commercial Bank of Mott by state
| State | Loans | Volume | Share |
|---|---|---|---|
| North Dakota (ND) | 8 | $1.4M | 100.0% |
Why Choose Commercial Bank of Mott?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 8 SBA loans approved, totaling $1.4M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants
- ✓Competitive Terms: Average interest rate of 9.65% with flexible term lengths averaging 180 months
- ✓Loan Range: Loan sizes from $169K to $169K, with an average of $169K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in ND
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 of Mott SBA lending
What types of businesses does Commercial Bank of Mott typically finance?
Commercial Bank of Mott specializes in SBA 7(a) lending to specific industries including full-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Commercial Bank of Mott's typical SBA loan terms?
Commercial Bank of Mott's SBA 7(a) loans typically feature an average interest rate of 9.65% and average term length of 180 months (approximately 15 years). Loan sizes range from $169K to $169K, with an average loan size of $169K.
Do I need a business valuation for a Commercial Bank of Mott SBA loan?
Yes, Commercial Bank of Mott 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 of Mott compare to other SBA lenders?
Commercial Bank of Mott has originated 8 SBA loans totaling $1.4M 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 Commercial Bank of Mott lend in?
Commercial Bank of Mott provides SBA 7(a) financing with particularly strong presence in ND. 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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