Community Bank Delaware
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Community Bank Delaware · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 531110 | Lessors of Residential Buildings and Dwellings | 1 | $150K | $150K | 14.3% |
| 541213 | Tax Preparation Services | 1 | $75K | $75K | 14.3% |
| 811411 | Home and Garden Equipment Repair and Maintenance | 1 | $104K | $104K | 14.3% |
| 722511 | Full-Service Restaurants | 1 | $1.9M | $1.9M | 14.3% |
| 621340 | Offices of Physical, Occupational and Speech Therapists, and Audiologists | 1 | $150K | $150K | 14.3% |
| 441222 | Boat Dealers | 1 | $150K | $150K | 14.3% |
Geographic Distribution
SBA lending activity for Community Bank Delaware by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Delaware (DE) | 7 | $2.8M | 100.0% |
Why Choose Community Bank Delaware?
Based on SBA 7(a) lending track record from 2007-2024
- ✓Proven Track Record: 7 SBA loans approved, totaling $2.8M in financing
- ✓Industry Expertise: Specialized focus on Lessors of Residential Buildings and Dwellings, Tax Preparation Services, Home and Garden Equipment Repair and Maintenance
- ✓Competitive Terms: Average interest rate of 5.89% with flexible term lengths averaging 156 months
- ✓Loan Range: Loan sizes from $75K to $1.9M, with an average of $397K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in DE
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 Community Bank Delaware SBA lending
What types of businesses does Community Bank Delaware typically finance?
Community Bank Delaware specializes in SBA 7(a) lending to specific industries including lessors of residential buildings and dwellings, tax preparation services, home and garden equipment repair and maintenance, full-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Community Bank Delaware's typical SBA loan terms?
Community Bank Delaware's SBA 7(a) loans typically feature an average interest rate of 5.89% and average term length of 156 months (approximately 13 years). Loan sizes range from $75K to $1.9M, with an average loan size of $397K.
Do I need a business valuation for a Community Bank Delaware SBA loan?
Yes, Community Bank Delaware 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 Community Bank Delaware compare to other SBA lenders?
Community Bank Delaware has originated 7 SBA loans totaling $2.8M since 2007. 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 Community Bank Delaware lend in?
Community Bank Delaware provides SBA 7(a) financing with particularly strong presence in DE. 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.
Get your certified valuation from Fair Market Value.