Community Neighbor Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Community Neighbor Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 115310 | Support Activities for Forestry | 1 | $1.5M | $1.5M | 50.0% |
Geographic Distribution
SBA lending activity for Community Neighbor Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Alabama (AL) | 2 | $1.7M | 100.0% |
Why Choose Community Neighbor Bank?
Based on SBA 7(a) lending track record from 1996-2008
- ✓Proven Track Record: 2 SBA loans approved, totaling $1.7M in financing
- ✓Industry Expertise: Specialized focus on Support Activities for Forestry
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 102 months
- ✓Loan Range: Loan sizes from $200K to $1.5M, with an average of $865K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in AL
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 Neighbor Bank SBA lending
What types of businesses does Community Neighbor Bank typically finance?
Community Neighbor Bank specializes in SBA 7(a) lending to specific industries including support activities for forestry. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Community Neighbor Bank's typical SBA loan terms?
Community Neighbor Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 102 months (approximately 9 years). Loan sizes range from $200K to $1.5M, with an average loan size of $865K.
Do I need a business valuation for a Community Neighbor Bank SBA loan?
Yes, Community Neighbor Bank 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 Neighbor Bank compare to other SBA lenders?
Community Neighbor Bank has originated 2 SBA loans totaling $1.7M since 1996. 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 Neighbor Bank lend in?
Community Neighbor Bank provides SBA 7(a) financing with particularly strong presence in AL. 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.
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