Community Resource Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Community Resource Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 561439 | Other Business Service Centers (including Copy Shops) | 24 | $2.6M | $108K | 9.4% |
| 713990 | All Other Amusement and Recreation Industries | 24 | $9.0M | $377K | 9.4% |
| 722511 | Full-Service Restaurants | 24 | $1.9M | $80K | 9.4% |
| 445298 | Other | 16 | $1.0M | $63K | 6.3% |
| 713940 | Fitness and Recreational Sports Centers | 16 | $18.9M | $1.2M | 6.3% |
| 611699 | All Other Miscellaneous Schools and Instruction | 16 | $1.0M | $63K | 6.3% |
| 721110 | Hotels (except Casino Hotels) and Motels | 16 | $3.2M | $200K | 6.3% |
| 339930 | Doll, Toy, and Game Manufacturing | 16 | $1.3M | $83K | 6.3% |
| 111411 | Mushroom Production | 8 | $2.8M | $350K | 3.1% |
| 445230 | Fruit and Vegetable Markets | 8 | $800K | $100K | 3.1% |
Geographic Distribution
SBA lending activity for Community Resource Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Minnesota (MN) | 240 | $61.9M | 93.8% |
| Wisconsin (WI) | 16 | $3.2M | 6.3% |
Why Choose Community Resource Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 256 SBA loans approved, totaling $65.1M in financing
- ✓Industry Expertise: Specialized focus on Other Business Service Centers (including Copy Shops), All Other Amusement and Recreation Industries, Full-Service Restaurants
- ✓Competitive Terms: Average interest rate of 7.36% with flexible term lengths averaging 92 months
- ✓Loan Range: Loan sizes from $25K to $1.2M, with an average of $254K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in MN, WI
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 Resource Bank SBA lending
What types of businesses does Community Resource Bank typically finance?
Community Resource Bank specializes in SBA 7(a) lending to specific industries including other business service centers (including copy shops), all other amusement and recreation industries, full-service restaurants, other. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Community Resource Bank's typical SBA loan terms?
Community Resource Bank's SBA 7(a) loans typically feature an average interest rate of 7.36% and average term length of 92 months (approximately 8 years). Loan sizes range from $25K to $1.2M, with an average loan size of $254K.
Do I need a business valuation for a Community Resource Bank SBA loan?
Yes, Community Resource 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 Resource Bank compare to other SBA lenders?
Community Resource Bank has originated 256 SBA loans totaling $65.1M 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 Resource Bank lend in?
Community Resource Bank provides SBA 7(a) financing with particularly strong presence in MN, WI. 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.