Flagstar Bank National Association
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Flagstar Bank National Association
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 48 | $19.2M | $400K | 10.2% |
| 561730 | Landscaping Services | 32 | $9.9M | $309K | 6.8% |
| 812112 | Beauty Salons | 32 | $5.5M | $171K | 6.8% |
| 621310 | Offices of Chiropractors | 32 | $7.8M | $242K | 6.8% |
| 321999 | All Other Miscellaneous Wood Product Manufacturing | 16 | $2.2M | $139K | 3.4% |
| 238330 | Flooring Contractors | 16 | $5.6M | $350K | 3.4% |
| 811111 | General Automotive Repair | 16 | $7.4M | $460K | 3.4% |
| 423840 | Industrial Supplies Merchant Wholesalers | 16 | $2.8M | $175K | 3.4% |
| 238990 | All Other Specialty Trade Contractors | 16 | $4.4M | $275K | 3.4% |
| 459110 | Other | 16 | $1.5M | $92K | 3.4% |
Geographic Distribution
SBA lending activity for Flagstar Bank National Association by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Michigan (MI) | 344 | $93.6M | 72.9% |
| California (CA) | 40 | $20.0M | 8.5% |
| Florida (FL) | 32 | $5.5M | 6.8% |
| Illinois (IL) | 8 | $3.8M | 1.7% |
| Indiana (IN) | 24 | $3.3M | 5.1% |
| Oregon (OR) | 8 | $3.2M | 1.7% |
| Montana (MT) | 8 | $2.9M | 1.7% |
| Arizona (AZ) | 8 | $400K | 1.7% |
Why Choose Flagstar Bank National Association?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 472 SBA loans approved, totaling $132.8M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Landscaping Services, Beauty Salons
- ✓Competitive Terms: Average interest rate of 7.41% with flexible term lengths averaging 143 months
- ✓Loan Range: Loan sizes from $25K to $990K, with an average of $281K
- ✓Nationwide Reach: Active lending in 8 states, with strong presence in MI, CA, FL
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 Flagstar Bank National Association SBA lending
What types of businesses does Flagstar Bank National Association typically finance?
Flagstar Bank National Association specializes in SBA 7(a) lending to specific industries including limited-service restaurants, landscaping services, beauty salons, offices of chiropractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Flagstar Bank National Association's typical SBA loan terms?
Flagstar Bank National Association's SBA 7(a) loans typically feature an average interest rate of 7.41% and average term length of 143 months (approximately 12 years). Loan sizes range from $25K to $990K, with an average loan size of $281K.
Do I need a business valuation for a Flagstar Bank National Association SBA loan?
Yes, Flagstar Bank National Association 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 Flagstar Bank National Association compare to other SBA lenders?
Flagstar Bank National Association has originated 472 SBA loans totaling $132.8M 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 Flagstar Bank National Association lend in?
Flagstar Bank National Association provides SBA 7(a) financing with particularly strong presence in MI, CA, FL, IN, AZ. 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.
Get your certified valuation from Fair Market Value.