Equity Bank
SBA 7(a) Lending Profile · FY 2024 analysis
Industry Focus
Top industries served by Equity Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 238910 | Site Preparation Contractors | 96 | $42.8M | $446K | 5.8% |
| 722513 | Limited-Service Restaurants | 88 | $60.7M | $690K | 5.3% |
| 312120 | Breweries | 48 | $7.2M | $149K | 2.9% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 48 | $53.9M | $1.1M | 2.9% |
| 561730 | Landscaping Services | 48 | $10.8M | $225K | 2.9% |
| 722511 | Full-Service Restaurants | 48 | $14.1M | $294K | 2.9% |
| 721110 | Hotels (except Casino Hotels) and Motels | 48 | $34.5M | $718K | 2.9% |
| 621310 | Offices of Chiropractors | 40 | $6.4M | $161K | 2.4% |
| 457110 | Other | 40 | $38.8M | $970K | 2.4% |
| 621399 | Offices of All Other Miscellaneous Health Practitioners | 32 | $5.4M | $169K | 1.9% |
Geographic Distribution
SBA lending activity for Equity Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Kansas (KS) | 664 | $393.0M | 40.1% |
| Missouri (MO) | 456 | $201.0M | 27.5% |
| Arkansas (AR) | 144 | $93.8M | 8.7% |
| Oklahoma (OK) | 208 | $93.3M | 12.6% |
| Texas (TX) | 80 | $67.1M | 4.8% |
| North Dakota (ND) | 24 | $37.5M | 1.4% |
| Ohio (OH) | 16 | $20.8M | 1.0% |
| Wisconsin (WI) | 16 | $15.0M | 1.0% |
| South Carolina (SC) | 8 | $12.8M | 0.5% |
| North Carolina (NC) | 8 | $6.2M | 0.5% |
| Colorado (CO) | 16 | $3.8M | 1.0% |
| Illinois (IL) | 8 | $2.4M | 0.5% |
| New York (NY) | 8 | $1.6M | 0.5% |
Why Choose Equity Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 1,656 SBA loans approved, totaling $948.4M in financing
- ✓Industry Expertise: Specialized focus on Site Preparation Contractors, Limited-Service Restaurants, Breweries
- ✓Competitive Terms: Average interest rate of 7.13% with flexible term lengths averaging 149 months
- ✓Loan Range: Loan sizes from $11K to $5.0M, with an average of $573K
- ✓Nationwide Reach: Active lending in 13 states, with strong presence in KS, MO, OK
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 Equity Bank SBA lending
What types of businesses does Equity Bank typically finance?
Equity Bank specializes in SBA 7(a) lending to specific industries including site preparation contractors, limited-service restaurants, breweries, snack and nonalcoholic beverage bars. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Equity Bank's typical SBA loan terms?
Equity Bank's SBA 7(a) loans typically feature an average interest rate of 7.13% and average term length of 149 months (approximately 12 years). Loan sizes range from $11K to $5.0M, with an average loan size of $573K.
Do I need a business valuation for a Equity Bank SBA loan?
Yes, Equity 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 Equity Bank compare to other SBA lenders?
Equity Bank has originated 1,656 SBA loans totaling $948.4M since 2020. 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 Equity Bank lend in?
Equity Bank provides SBA 7(a) financing with particularly strong presence in KS, MO, OK, AR, TX. 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?
Professional valuations are often required for SBA loans over $250,000.
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