Conway Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Conway Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 111140 | Wheat Farming | 24 | $2.2M | $92K | 19.8% |
| 115113 | Crop Harvesting, Primarily by Machine | 5 | $572K | $114K | 4.1% |
| 112111 | Beef Cattle Ranching and Farming | 3 | $245K | $82K | 2.5% |
| 115114 | Postharvest Crop Activities (except Cotton Ginning) | 2 | $375K | $188K | 1.7% |
| 811192 | Car Washes | 2 | $385K | $193K | 1.7% |
| 561730 | Landscaping Services | 2 | $475K | $238K | 1.7% |
| 115112 | Soil Preparation, Planting, and Cultivating | 2 | $219K | $110K | 1.7% |
| 336413 | Other Aircraft Parts and Auxiliary Equipment Manufacturing | 2 | $4.0M | $2.0M | 1.7% |
| 332322 | Sheet Metal Work Manufacturing | 1 | $1.3M | $1.3M | 0.8% |
| 484230 | Specialized Freight (except Used Goods) Trucking, Long-Distance | 1 | $88K | $88K | 0.8% |
Geographic Distribution
SBA lending activity for Conway Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Kansas (KS) | 119 | $20.1M | 98.3% |
| Missouri (MO) | 2 | $138K | 1.7% |
Why Choose Conway Bank?
Based on SBA 7(a) lending track record from 1991-2020
- ✓Proven Track Record: 121 SBA loans approved, totaling $20.2M in financing
- ✓Industry Expertise: Specialized focus on Wheat Farming, Crop Harvesting, Primarily by Machine, Beef Cattle Ranching and Farming
- ✓Competitive Terms: Average interest rate of 6.50% with flexible term lengths averaging 125 months
- ✓Loan Range: Loan sizes from $10K to $3.6M, with an average of $167K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in KS, MO
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 Conway Bank SBA lending
What types of businesses does Conway Bank typically finance?
Conway Bank specializes in SBA 7(a) lending to specific industries including wheat farming, crop harvesting, primarily by machine, beef cattle ranching and farming, postharvest crop activities (except cotton ginning). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Conway Bank's typical SBA loan terms?
Conway Bank's SBA 7(a) loans typically feature an average interest rate of 6.50% and average term length of 125 months (approximately 10 years). Loan sizes range from $10K to $3.6M, with an average loan size of $167K.
Do I need a business valuation for a Conway Bank SBA loan?
Yes, Conway 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 Conway Bank compare to other SBA lenders?
Conway Bank has originated 121 SBA loans totaling $20.2M since 1991. 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 Conway Bank lend in?
Conway Bank provides SBA 7(a) financing with particularly strong presence in KS, MO. 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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