Family Bank, FSB
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Family Bank, FSB · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621320 | Offices of Optometrists | 2 | $427K | $214K | 8.3% |
| 621210 | Offices of Dentists | 1 | $60K | $60K | 4.2% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 1 | $195K | $195K | 4.2% |
| 334111 | Electronic Computer Manufacturing | 1 | $90K | $90K | 4.2% |
| 811111 | General Automotive Repair | 1 | $25K | $25K | 4.2% |
Geographic Distribution
SBA lending activity for Family Bank, FSB by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Kentucky (KY) | 23 | $3.3M | 95.8% |
| West Virginia (WV) | 1 | $110K | 4.2% |
Why Choose Family Bank, FSB?
Based on SBA 7(a) lending track record from 1995-2002
- ✓Proven Track Record: 24 SBA loans approved, totaling $3.4M in financing
- ✓Industry Expertise: Specialized focus on Offices of Optometrists, Offices of Dentists, Offices of Physicians (except Mental Health Specialists)
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 93 months
- ✓Loan Range: Loan sizes from $23K to $750K, with an average of $142K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in KY, WV
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 Family Bank, FSB SBA lending
What types of businesses does Family Bank, FSB typically finance?
Family Bank, FSB specializes in SBA 7(a) lending to specific industries including offices of optometrists, offices of dentists, offices of physicians (except mental health specialists), electronic computer manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Family Bank, FSB's typical SBA loan terms?
Family Bank, FSB's SBA 7(a) loans typically feature an average interest rate of — and average term length of 93 months (approximately 8 years). Loan sizes range from $23K to $750K, with an average loan size of $142K.
Do I need a business valuation for a Family Bank, FSB SBA loan?
Yes, Family Bank, FSB 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 Family Bank, FSB compare to other SBA lenders?
Family Bank, FSB has originated 24 SBA loans totaling $3.4M 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 Family Bank, FSB lend in?
Family Bank, FSB provides SBA 7(a) financing with particularly strong presence in KY, WV. 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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