Defiance State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Defiance State Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|
Geographic Distribution
SBA lending activity for Defiance State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Iowa (IA) | 2 | $400K | 100.0% |
Why Choose Defiance State Bank?
Based on SBA 7(a) lending track record from 2003-2006
- ✓Proven Track Record: 2 SBA loans approved, totaling $400K in financing
- ✓Industry Expertise: Specialized focus on
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 217 months
- ✓Loan Range: Loan sizes from $150K to $250K, with an average of $200K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in 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 Defiance State Bank SBA lending
What types of businesses does Defiance State Bank typically finance?
Defiance State Bank specializes in SBA 7(a) lending to specific industries including . They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Defiance State Bank's typical SBA loan terms?
Defiance State Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 217 months (approximately 18 years). Loan sizes range from $150K to $250K, with an average loan size of $200K.
Do I need a business valuation for a Defiance State Bank SBA loan?
Yes, Defiance 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 Defiance State Bank compare to other SBA lenders?
Defiance State Bank has originated 2 SBA loans totaling $400K since 2003. 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 Defiance State Bank lend in?
Defiance State Bank provides SBA 7(a) financing with particularly strong presence in IA. 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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