Community Bank of Georgia
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Community Bank of Georgia · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 623312 | Assisted Living Facilities for the Elderly | 1 | $4.8M | $4.8M | 16.7% |
| 541211 | Offices of Certified Public Accountants | 1 | $932K | $932K | 16.7% |
| 624410 | Child Care Services | 1 | $407K | $407K | 16.7% |
| 115210 | Support Activities for Animal Production | 1 | $655K | $655K | 16.7% |
Geographic Distribution
SBA lending activity for Community Bank of Georgia by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Georgia (GA) | 5 | $7.3M | 83.3% |
| South Carolina (SC) | 1 | $932K | 16.7% |
Why Choose Community Bank of Georgia?
Based on SBA 7(a) lending track record from 2010-2019
- ✓Proven Track Record: 6 SBA loans approved, totaling $8.2M in financing
- ✓Industry Expertise: Specialized focus on Assisted Living Facilities for the Elderly, Offices of Certified Public Accountants, Child Care Services
- ✓Competitive Terms: Average interest rate of 6.21% with flexible term lengths averaging 167 months
- ✓Loan Range: Loan sizes from $251K to $4.8M, with an average of $1.4M
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in GA, SC
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 of Georgia SBA lending
What types of businesses does Community Bank of Georgia typically finance?
Community Bank of Georgia specializes in SBA 7(a) lending to specific industries including assisted living facilities for the elderly, offices of certified public accountants, child care services, support activities for animal production. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Community Bank of Georgia's typical SBA loan terms?
Community Bank of Georgia's SBA 7(a) loans typically feature an average interest rate of 6.21% and average term length of 167 months (approximately 14 years). Loan sizes range from $251K to $4.8M, with an average loan size of $1.4M.
Do I need a business valuation for a Community Bank of Georgia SBA loan?
Yes, Community Bank of Georgia 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 of Georgia compare to other SBA lenders?
Community Bank of Georgia has originated 6 SBA loans totaling $8.2M since 2010. 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 of Georgia lend in?
Community Bank of Georgia provides SBA 7(a) financing with particularly strong presence in GA, SC. 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.