Community State Bank
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by Community State Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 561730 | Landscaping Services | 72 | $5.9M | $82K | 5.6% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 56 | $6.6M | $119K | 4.4% |
| 236115 | New Single-Family Housing Construction (except Operative Builders) | 56 | $6.5M | $117K | 4.4% |
| 621310 | Offices of Chiropractors | 40 | $4.7M | $117K | 3.1% |
| 524210 | Insurance Agencies and Brokerages | 40 | $4.8M | $121K | 3.1% |
| 722410 | Drinking Places (Alcoholic Beverages) | 32 | $6.6M | $206K | 2.5% |
| 722511 | Full-Service Restaurants | 32 | $12.6M | $393K | 2.5% |
| 713940 | Fitness and Recreational Sports Centers | 32 | $2.6M | $83K | 2.5% |
| 484220 | Specialized Freight (except Used Goods) Trucking, Local | 32 | $3.0M | $94K | 2.5% |
| 811192 | Car Washes | 24 | $59.5M | $2.5M | 1.9% |
Geographic Distribution
SBA lending activity for Community State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Wisconsin (WI) | 1,128 | $331.3M | 88.1% |
| Illinois (IL) | 104 | $115.9M | 8.1% |
| Indiana (IN) | 8 | $14.4M | 0.6% |
| Texas (TX) | 8 | $8.0M | 0.6% |
| Minnesota (MN) | 8 | $2.1M | 0.6% |
| Ohio (OH) | 8 | $1.8M | 0.6% |
| Iowa (IA) | 16 | $1.3M | 1.3% |
Why Choose Community State Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 1,280 SBA loans approved, totaling $474.6M in financing
- ✓Industry Expertise: Specialized focus on Landscaping Services, Plumbing, Heating, and Air-Conditioning Contractors, New Single-Family Housing Construction (except Operative Builders)
- ✓Competitive Terms: Average interest rate of 5.75% with flexible term lengths averaging 138 months
- ✓Loan Range: Loan sizes from $10K to $4.1M, with an average of $371K
- ✓Nationwide Reach: Active lending in 7 states, with strong presence in WI, IL, IA
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 State Bank SBA lending
What types of businesses does Community State Bank typically finance?
Community State Bank specializes in SBA 7(a) lending to specific industries including landscaping services, plumbing, heating, and air-conditioning contractors, new single-family housing construction (except operative builders), offices of chiropractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Community State Bank's typical SBA loan terms?
Community State Bank's SBA 7(a) loans typically feature an average interest rate of 5.75% and average term length of 138 months (approximately 12 years). Loan sizes range from $10K to $4.1M, with an average loan size of $371K.
Do I need a business valuation for a Community State Bank SBA loan?
Yes, Community State 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 State Bank compare to other SBA lenders?
Community State Bank has originated 1,280 SBA loans totaling $474.6M 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 State Bank lend in?
Community State Bank provides SBA 7(a) financing with particularly strong presence in WI, IL, IA, OH, IN. 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.