Eagle Bank of Alabama
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Eagle Bank of Alabama · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 561740 | Carpet and Upholstery Cleaning Services | 1 | $30K | $30K | 100.0% |
Geographic Distribution
SBA lending activity for Eagle Bank of Alabama by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Alabama (AL) | 1 | $30K | 100.0% |
Why Choose Eagle Bank of Alabama?
Based on SBA 7(a) lending track record from 1997-1997
- ✓Proven Track Record: 1 SBA loans approved, totaling $30K in financing
- ✓Industry Expertise: Specialized focus on Carpet and Upholstery Cleaning Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 63 months
- ✓Loan Range: Loan sizes from $30K to $30K, with an average of $30K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in AL
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 Eagle Bank of Alabama SBA lending
What types of businesses does Eagle Bank of Alabama typically finance?
Eagle Bank of Alabama specializes in SBA 7(a) lending to specific industries including carpet and upholstery cleaning services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Eagle Bank of Alabama's typical SBA loan terms?
Eagle Bank of Alabama's SBA 7(a) loans typically feature an average interest rate of — and average term length of 63 months (approximately 5 years). Loan sizes range from $30K to $30K, with an average loan size of $30K.
Do I need a business valuation for a Eagle Bank of Alabama SBA loan?
Yes, Eagle Bank of Alabama 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 Eagle Bank of Alabama compare to other SBA lenders?
Eagle Bank of Alabama has originated 1 SBA loans totaling $30K since 1997. 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 Eagle Bank of Alabama lend in?
Eagle Bank of Alabama provides SBA 7(a) financing with particularly strong presence in AL. 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.
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