County National Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by County National Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 532420 | Office Machinery and Equipment Rental and Leasing | 8 | $2.8M | $347K | 6.3% |
| 812210 | Funeral Homes and Funeral Services | 6 | $7.2M | $1.2M | 4.7% |
| 238910 | Site Preparation Contractors | 4 | $890K | $222K | 3.1% |
| 423830 | Industrial Machinery and Equipment Merchant Wholesalers | 4 | $1.8M | $460K | 3.1% |
| 621310 | Offices of Chiropractors | 3 | $238K | $79K | 2.4% |
| 621210 | Offices of Dentists | 3 | $1.2M | $395K | 2.4% |
| 332710 | Machine Shops | 3 | $3.5M | $1.1M | 2.4% |
| 423310 | Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers | 3 | $519K | $173K | 2.4% |
| 484110 | General Freight Trucking, Local | 3 | $166K | $55K | 2.4% |
| 562112 | Hazardous Waste Collection | 2 | $350K | $175K | 1.6% |
Geographic Distribution
SBA lending activity for County National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Michigan (MI) | 126 | $44.2M | 99.2% |
| Maryland (MD) | 1 | $125K | 0.8% |
Why Choose County National Bank?
Based on SBA 7(a) lending track record from 1995-2023
- ✓Proven Track Record: 127 SBA loans approved, totaling $44.3M in financing
- ✓Industry Expertise: Specialized focus on Office Machinery and Equipment Rental and Leasing, Funeral Homes and Funeral Services, Site Preparation Contractors
- ✓Competitive Terms: Average interest rate of 5.89% with flexible term lengths averaging 132 months
- ✓Loan Range: Loan sizes from $6K to $2.7M, with an average of $349K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in MI, MD
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 County National Bank SBA lending
What types of businesses does County National Bank typically finance?
County National Bank specializes in SBA 7(a) lending to specific industries including office machinery and equipment rental and leasing, funeral homes and funeral services, site preparation contractors, industrial machinery and equipment merchant wholesalers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are County National Bank's typical SBA loan terms?
County National Bank's SBA 7(a) loans typically feature an average interest rate of 5.89% and average term length of 132 months (approximately 11 years). Loan sizes range from $6K to $2.7M, with an average loan size of $349K.
Do I need a business valuation for a County National Bank SBA loan?
Yes, County National 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 County National Bank compare to other SBA lenders?
County National Bank has originated 127 SBA loans totaling $44.3M since 1995. 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 County National Bank lend in?
County National Bank provides SBA 7(a) financing with particularly strong presence in MI, MD. 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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