Fidelity Bank
SBA 7(a) Lending Profile · FY 2024 analysis
Industry Focus
Top industries served by Fidelity Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 56 | $19.6M | $350K | 7.3% |
| 812199 | Other Personal Care Services | 48 | $6.1M | $127K | 6.3% |
| 311911 | Roasted Nuts and Peanut Butter Manufacturing | 40 | $6.8M | $170K | 5.2% |
| 812112 | Beauty Salons | 32 | $1.3M | $41K | 4.2% |
| 713940 | Fitness and Recreational Sports Centers | 24 | $43.9M | $1.8M | 3.1% |
| 621330 | Offices of Mental Health Practitioners (except Physicians) | 24 | $4.2M | $175K | 3.1% |
| 713990 | All Other Amusement and Recreation Industries | 24 | $504K | $21K | 3.1% |
| 722513 | Limited-Service Restaurants | 24 | $8.3M | $346K | 3.1% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 24 | $6.8M | $284K | 3.1% |
| 541611 | Administrative Management and General Management Consulting Services | 16 | $600K | $38K | 2.1% |
Geographic Distribution
SBA lending activity for Fidelity Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Louisiana (LA) | 760 | $252.9M | 99.0% |
| Mississippi (MS) | 8 | $2.4M | 1.0% |
Why Choose Fidelity Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 768 SBA loans approved, totaling $255.3M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Other Personal Care Services, Roasted Nuts and Peanut Butter Manufacturing
- ✓Competitive Terms: Average interest rate of 7.63% with flexible term lengths averaging 127 months
- ✓Loan Range: Loan sizes from $5K to $4.9M, with an average of $332K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in LA, MS
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 Fidelity Bank SBA lending
What types of businesses does Fidelity Bank typically finance?
Fidelity Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, other personal care services, roasted nuts and peanut butter manufacturing, beauty salons. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Fidelity Bank's typical SBA loan terms?
Fidelity Bank's SBA 7(a) loans typically feature an average interest rate of 7.63% and average term length of 127 months (approximately 11 years). Loan sizes range from $5K to $4.9M, with an average loan size of $332K.
Do I need a business valuation for a Fidelity Bank SBA loan?
Yes, Fidelity 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 Fidelity Bank compare to other SBA lenders?
Fidelity Bank has originated 768 SBA loans totaling $255.3M 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 Fidelity Bank lend in?
Fidelity Bank provides SBA 7(a) financing with particularly strong presence in LA, MS. 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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