Federation Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Federation Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621210 | Offices of Dentists | 1 | $100K | $100K | 5.6% |
| 713940 | Fitness and Recreational Sports Centers | 1 | $220K | $220K | 5.6% |
| 424430 | Dairy Product (except Dried or Canned) Merchant Wholesalers | 1 | $695K | $695K | 5.6% |
| 311615 | Poultry Processing | 1 | $770K | $770K | 5.6% |
| 621310 | Offices of Chiropractors | 1 | $40K | $40K | 5.6% |
| 811111 | General Automotive Repair | 1 | $99K | $99K | 5.6% |
Geographic Distribution
SBA lending activity for Federation Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Iowa (IA) | 18 | $2.7M | 100.0% |
Why Choose Federation Bank?
Based on SBA 7(a) lending track record from 1992-2006
- ✓Proven Track Record: 18 SBA loans approved, totaling $2.7M in financing
- ✓Industry Expertise: Specialized focus on Offices of Dentists, Fitness and Recreational Sports Centers, Dairy Product (except Dried or Canned) Merchant Wholesalers
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 105 months
- ✓Loan Range: Loan sizes from $20K to $770K, with an average of $148K
- ✓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 Federation Bank SBA lending
What types of businesses does Federation Bank typically finance?
Federation Bank specializes in SBA 7(a) lending to specific industries including offices of dentists, fitness and recreational sports centers, dairy product (except dried or canned) merchant wholesalers, poultry processing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Federation Bank's typical SBA loan terms?
Federation Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 105 months (approximately 9 years). Loan sizes range from $20K to $770K, with an average loan size of $148K.
Do I need a business valuation for a Federation Bank SBA loan?
Yes, Federation 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 Federation Bank compare to other SBA lenders?
Federation Bank has originated 18 SBA loans totaling $2.7M since 1992. 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 Federation Bank lend in?
Federation 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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