Frazer Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Frazer Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 561730 | Landscaping Services | 4 | $968K | $242K | 5.8% |
| 621210 | Offices of Dentists | 3 | $2.3M | $757K | 4.3% |
| 423830 | Industrial Machinery and Equipment Merchant Wholesalers | 3 | $2.0M | $679K | 4.3% |
| 812310 | Coin-Operated Laundries and Drycleaners | 3 | $124K | $41K | 4.3% |
| 624410 | Child Care Services | 3 | $62K | $21K | 4.3% |
| 713940 | Fitness and Recreational Sports Centers | 2 | $500K | $250K | 2.9% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 2 | $59K | $30K | 2.9% |
| 621610 | Home Health Care Services | 2 | $2.5M | $1.3M | 2.9% |
| 811111 | General Automotive Repair | 2 | $115K | $58K | 2.9% |
| 812199 | Other Personal Care Services | 1 | $420K | $420K | 1.4% |
Geographic Distribution
SBA lending activity for Frazer Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Oklahoma (OK) | 65 | $14.6M | 94.2% |
| Pennsylvania (PA) | 1 | $1.2M | 1.4% |
| New Jersey (NJ) | 2 | $970K | 2.9% |
| California (CA) | 1 | $730K | 1.4% |
Why Choose Frazer Bank?
Based on SBA 7(a) lending track record from 1991-2019
- ✓Proven Track Record: 69 SBA loans approved, totaling $17.4M in financing
- ✓Industry Expertise: Specialized focus on Landscaping Services, Offices of Dentists, Industrial Machinery and Equipment Merchant Wholesalers
- ✓Competitive Terms: Average interest rate of 6.34% with flexible term lengths averaging 96 months
- ✓Loan Range: Loan sizes from $5K to $2.3M, with an average of $253K
- ✓Nationwide Reach: Active lending in 4 states, with strong presence in OK, NJ, PA
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 Frazer Bank SBA lending
What types of businesses does Frazer Bank typically finance?
Frazer Bank specializes in SBA 7(a) lending to specific industries including landscaping services, offices of dentists, industrial machinery and equipment merchant wholesalers, coin-operated laundries and drycleaners. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Frazer Bank's typical SBA loan terms?
Frazer Bank's SBA 7(a) loans typically feature an average interest rate of 6.34% and average term length of 96 months (approximately 8 years). Loan sizes range from $5K to $2.3M, with an average loan size of $253K.
Do I need a business valuation for a Frazer Bank SBA loan?
Yes, Frazer 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 Frazer Bank compare to other SBA lenders?
Frazer Bank has originated 69 SBA loans totaling $17.4M since 1991. 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 Frazer Bank lend in?
Frazer Bank provides SBA 7(a) financing with particularly strong presence in OK, NJ, PA, CA. 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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