Community Bank of Pickens County
SBA 7(a) Lending Profile · FY 2024 analysis
Industry Focus
Top industries served by Community Bank of Pickens County
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 312120 | Breweries | 64 | $76.8M | $1.2M | 10.1% |
| 722511 | Full-Service Restaurants | 40 | $88.3M | $2.2M | 6.3% |
| 811192 | Car Washes | 40 | $55.1M | $1.4M | 6.3% |
| 722513 | Limited-Service Restaurants | 32 | $15.9M | $497K | 5.1% |
| 713940 | Fitness and Recreational Sports Centers | 32 | $52.4M | $1.6M | 5.1% |
| 531130 | Lessors of Miniwarehouses and Self-Storage Units | 24 | $24.3M | $1.0M | 3.8% |
| 562211 | Hazardous Waste Treatment and Disposal | 24 | $17.2M | $715K | 3.8% |
| 445320 | Other | 24 | $89.6M | $3.7M | 3.8% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 24 | $4.7M | $196K | 3.8% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 16 | $9.2M | $577K | 2.5% |
Geographic Distribution
SBA lending activity for Community Bank of Pickens County by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Georgia (GA) | 592 | $765.9M | 93.7% |
| North Carolina (NC) | 24 | $73.8M | 3.8% |
| Tennessee (TN) | 16 | $7.4M | 2.5% |
Why Choose Community Bank of Pickens County?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 632 SBA loans approved, totaling $847.2M in financing
- ✓Industry Expertise: Specialized focus on Breweries, Full-Service Restaurants, Car Washes
- ✓Competitive Terms: Average interest rate of 7.18% with flexible term lengths averaging 211 months
- ✓Loan Range: Loan sizes from $22K to $5.0M, with an average of $1.3M
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in GA, NC, TN
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 Pickens County SBA lending
What types of businesses does Community Bank of Pickens County typically finance?
Community Bank of Pickens County specializes in SBA 7(a) lending to specific industries including breweries, full-service restaurants, car washes, limited-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Community Bank of Pickens County's typical SBA loan terms?
Community Bank of Pickens County's SBA 7(a) loans typically feature an average interest rate of 7.18% and average term length of 211 months (approximately 18 years). Loan sizes range from $22K to $5.0M, with an average loan size of $1.3M.
Do I need a business valuation for a Community Bank of Pickens County SBA loan?
Yes, Community Bank of Pickens County 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 Pickens County compare to other SBA lenders?
Community Bank of Pickens County has originated 632 SBA loans totaling $847.2M 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 Community Bank of Pickens County lend in?
Community Bank of Pickens County provides SBA 7(a) financing with particularly strong presence in GA, NC, TN. 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.
Get your certified valuation from Fair Market Value.