Community Bank & Trust-West Georgia
SBA 7(a) Lending Profile · FY 2021 analysis
Industry Focus
Top industries served by Community Bank & Trust-West Georgia · FY 2021
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 221310 | Water Supply and Irrigation Systems | 3 | $5.6M | $1.9M | 5.6% |
| 484121 | General Freight Trucking, Long-Distance, Truckload | 3 | $8.5M | $2.8M | 5.6% |
| 562119 | Other Waste Collection | 3 | $2.4M | $793K | 5.6% |
| 621610 | Home Health Care Services | 2 | $1.3M | $642K | 3.7% |
| 561730 | Landscaping Services | 2 | $3.8M | $1.9M | 3.7% |
| 332111 | Iron and Steel Forging | 1 | $2.6M | $2.6M | 1.9% |
| 424410 | General Line Grocery Merchant Wholesalers | 1 | $1.1M | $1.1M | 1.9% |
| 811191 | Automotive Oil Change and Lubrication Shops | 1 | $943K | $943K | 1.9% |
| 711320 | Promoters of Performing Arts, Sports, and Similar Events without Facilities | 1 | $1.2M | $1.2M | 1.9% |
| 112920 | Horses and Other Equine Production | 1 | $1.9M | $1.9M | 1.9% |
Geographic Distribution
SBA lending activity for Community Bank & Trust-West Georgia by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Florida (FL) | 13 | $24.9M | 24.1% |
| California (CA) | 6 | $13.4M | 11.1% |
| Illinois (IL) | 3 | $8.5M | 5.6% |
| Tennessee (TN) | 4 | $7.4M | 7.4% |
| New York (NY) | 6 | $6.8M | 11.1% |
| South Carolina (SC) | 2 | $2.9M | 3.7% |
| Massachusetts (MA) | 1 | $2.7M | 1.9% |
| Nevada (NV) | 3 | $2.5M | 5.6% |
| Mississippi (MS) | 1 | $2.3M | 1.9% |
| New Jersey (NJ) | 3 | $2.2M | 5.6% |
| Colorado (CO) | 1 | $1.8M | 1.9% |
| South Dakota (SD) | 1 | $1.7M | 1.9% |
| Texas (TX) | 2 | $1.6M | 3.7% |
| Wyoming (WY) | 1 | $1.2M | 1.9% |
| Oregon (OR) | 1 | $1.1M | 1.9% |
| Virginia (VA) | 1 | $943K | 1.9% |
| Connecticut (CT) | 1 | $880K | 1.9% |
| Arizona (AZ) | 1 | $661K | 1.9% |
| Hawaii (HI) | 1 | $517K | 1.9% |
| Ohio (OH) | 1 | $398K | 1.9% |
| Washington (WA) | 1 | $351K | 1.9% |
Why Choose Community Bank & Trust-West Georgia?
Based on SBA 7(a) lending track record in FY 2021
- ✓Proven Track Record: 54 SBA loans approved, totaling $84.8M in financing
- ✓Industry Expertise: Specialized focus on Water Supply and Irrigation Systems, General Freight Trucking, Long-Distance, Truckload, Other Waste Collection
- ✓Competitive Terms: Average interest rate of 5.84% with flexible term lengths averaging 184 months
- ✓Loan Range: Loan sizes from $246K to $5.0M, with an average of $1.6M
- ✓Nationwide Reach: Active lending in 21 states, with strong presence in FL, CA, NY
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 & Trust-West Georgia SBA lending
What types of businesses does Community Bank & Trust-West Georgia typically finance?
Community Bank & Trust-West Georgia specializes in SBA 7(a) lending to specific industries including water supply and irrigation systems, general freight trucking, long-distance, truckload, other waste collection, home health care services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Community Bank & Trust-West Georgia's typical SBA loan terms?
Community Bank & Trust-West Georgia's SBA 7(a) loans typically feature an average interest rate of 5.84% and average term length of 184 months (approximately 15 years). Loan sizes range from $246K to $5.0M, with an average loan size of $1.6M.
Do I need a business valuation for a Community Bank & Trust-West Georgia SBA loan?
Yes, Community Bank & Trust-West 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 & Trust-West Georgia compare to other SBA lenders?
Community Bank & Trust-West Georgia has originated 54 SBA loans totaling $84.8M in FY 2021. 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 & Trust-West Georgia lend in?
Community Bank & Trust-West Georgia provides SBA 7(a) financing with particularly strong presence in FL, CA, NY, TN, IL. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
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