Genesee Regional Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Genesee Regional Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621210 | Offices of Dentists | 80 | $16.6M | $207K | 5.4% |
| 722511 | Full-Service Restaurants | 80 | $54.4M | $679K | 5.4% |
| 238990 | All Other Specialty Trade Contractors | 72 | $10.8M | $150K | 4.8% |
| 332710 | Machine Shops | 56 | $35.4M | $632K | 3.8% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 48 | $24.4M | $508K | 3.2% |
| 713990 | All Other Amusement and Recreation Industries | 48 | $16.3M | $340K | 3.2% |
| 812990 | All Other Personal Services | 40 | $3.4M | $85K | 2.7% |
| 541940 | Veterinary Services | 40 | $18.5M | $463K | 2.7% |
| 531390 | Other Activities Related to Real Estate | 40 | $13.3M | $332K | 2.7% |
| 115310 | Support Activities for Forestry | 32 | $10.2M | $318K | 2.2% |
Geographic Distribution
SBA lending activity for Genesee Regional Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| New York (NY) | 1,464 | $641.0M | 98.4% |
| Pennsylvania (PA) | 8 | $8.0M | 0.5% |
| North Carolina (NC) | 8 | $5.0M | 0.5% |
| Florida (FL) | 8 | $2.4M | 0.5% |
Why Choose Genesee Regional Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 1,488 SBA loans approved, totaling $656.4M in financing
- ✓Industry Expertise: Specialized focus on Offices of Dentists, Full-Service Restaurants, All Other Specialty Trade Contractors
- ✓Competitive Terms: Average interest rate of 6.39% with flexible term lengths averaging 114 months
- ✓Loan Range: Loan sizes from $16K to $3.7M, with an average of $441K
- ✓Nationwide Reach: Active lending in 4 states, with strong presence in NY, FL, NC
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 Genesee Regional Bank SBA lending
What types of businesses does Genesee Regional Bank typically finance?
Genesee Regional Bank specializes in SBA 7(a) lending to specific industries including offices of dentists, full-service restaurants, all other specialty trade contractors, machine shops. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Genesee Regional Bank's typical SBA loan terms?
Genesee Regional Bank's SBA 7(a) loans typically feature an average interest rate of 6.39% and average term length of 114 months (approximately 10 years). Loan sizes range from $16K to $3.7M, with an average loan size of $441K.
Do I need a business valuation for a Genesee Regional Bank SBA loan?
Yes, Genesee Regional 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 Genesee Regional Bank compare to other SBA lenders?
Genesee Regional Bank has originated 1,488 SBA loans totaling $656.4M 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 Genesee Regional Bank lend in?
Genesee Regional Bank provides SBA 7(a) financing with particularly strong presence in NY, FL, NC, PA. 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.