DNB National Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by DNB National Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 333611 | Turbine and Turbine Generator Set Units Manufacturing | 2 | $350K | $175K | 25.0% |
| 811310 | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | 1 | $585K | $585K | 12.5% |
| 561621 | Security Systems Services (except Locksmiths) | 1 | $90K | $90K | 12.5% |
Geographic Distribution
SBA lending activity for DNB National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| South Dakota (SD) | 8 | $2.0M | 100.0% |
Why Choose DNB National Bank?
Based on SBA 7(a) lending track record from 1994-2015
- ✓Proven Track Record: 8 SBA loans approved, totaling $2.0M in financing
- ✓Industry Expertise: Specialized focus on Turbine and Turbine Generator Set Units Manufacturing, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Security Systems Services (except Locksmiths)
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 93 months
- ✓Loan Range: Loan sizes from $20K to $600K, with an average of $249K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in SD
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 DNB National Bank SBA lending
What types of businesses does DNB National Bank typically finance?
DNB National Bank specializes in SBA 7(a) lending to specific industries including turbine and turbine generator set units manufacturing, commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance, security systems services (except locksmiths). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are DNB National Bank's typical SBA loan terms?
DNB National Bank's SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 93 months (approximately 8 years). Loan sizes range from $20K to $600K, with an average loan size of $249K.
Do I need a business valuation for a DNB National Bank SBA loan?
Yes, DNB 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 DNB National Bank compare to other SBA lenders?
DNB National Bank has originated 8 SBA loans totaling $2.0M since 1994. 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 DNB National Bank lend in?
DNB National Bank provides SBA 7(a) financing with particularly strong presence in SD. 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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