Flatwater Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Flatwater Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 1 | $35K | $35K | 25.0% |
| 562111 | Solid Waste Collection | 1 | $99K | $99K | 25.0% |
Geographic Distribution
SBA lending activity for Flatwater Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Nebraska (NE) | 4 | $533K | 100.0% |
Why Choose Flatwater Bank?
Based on SBA 7(a) lending track record from 1993-2012
- ✓Proven Track Record: 4 SBA loans approved, totaling $533K in financing
- ✓Industry Expertise: Specialized focus on Automotive Body, Paint, and Interior Repair and Maintenance, Solid Waste Collection
- ✓Competitive Terms: Average interest rate of 4.99% with flexible term lengths averaging 96 months
- ✓Loan Range: Loan sizes from $35K to $250K, with an average of $133K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in NE
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 Flatwater Bank SBA lending
What types of businesses does Flatwater Bank typically finance?
Flatwater Bank specializes in SBA 7(a) lending to specific industries including automotive body, paint, and interior repair and maintenance, solid waste collection. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Flatwater Bank's typical SBA loan terms?
Flatwater Bank's SBA 7(a) loans typically feature an average interest rate of 4.99% and average term length of 96 months (approximately 8 years). Loan sizes range from $35K to $250K, with an average loan size of $133K.
Do I need a business valuation for a Flatwater Bank SBA loan?
Yes, Flatwater 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 Flatwater Bank compare to other SBA lenders?
Flatwater Bank has originated 4 SBA loans totaling $533K since 1993. 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 Flatwater Bank lend in?
Flatwater Bank provides SBA 7(a) financing with particularly strong presence in NE. 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.
Get your certified valuation from Fair Market Value.