Golden State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Golden State Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 238330 | Flooring Contractors | 1 | $91K | $91K | 8.3% |
| 423440 | Other Commercial Equipment Merchant Wholesalers | 1 | $150K | $150K | 8.3% |
| 236115 | New Single-Family Housing Construction (except For-Sale Builders) | 1 | $200K | $200K | 8.3% |
| 423450 | Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers | 1 | $150K | $150K | 8.3% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 1 | $115K | $115K | 8.3% |
| 339112 | Surgical and Medical Instrument Manufacturing | 1 | $255K | $255K | 8.3% |
Geographic Distribution
SBA lending activity for Golden State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 12 | $3.4M | 100.0% |
Why Choose Golden State Bank?
Based on SBA 7(a) lending track record from 2006-2014
- ✓Proven Track Record: 12 SBA loans approved, totaling $3.4M in financing
- ✓Industry Expertise: Specialized focus on Flooring Contractors, Other Commercial Equipment Merchant Wholesalers, New Single-Family Housing Construction (except For-Sale Builders)
- ✓Competitive Terms: Average interest rate of 5.90% with flexible term lengths averaging 105 months
- ✓Loan Range: Loan sizes from $87K to $968K, with an average of $282K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in CA
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 Golden State Bank SBA lending
What types of businesses does Golden State Bank typically finance?
Golden State Bank specializes in SBA 7(a) lending to specific industries including flooring contractors, other commercial equipment merchant wholesalers, new single-family housing construction (except for-sale builders), medical, dental, and hospital equipment and supplies merchant wholesalers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Golden State Bank's typical SBA loan terms?
Golden State Bank's SBA 7(a) loans typically feature an average interest rate of 5.90% and average term length of 105 months (approximately 9 years). Loan sizes range from $87K to $968K, with an average loan size of $282K.
Do I need a business valuation for a Golden State Bank SBA loan?
Yes, Golden State 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 Golden State Bank compare to other SBA lenders?
Golden State Bank has originated 12 SBA loans totaling $3.4M since 2006. 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 Golden State Bank lend in?
Golden State Bank provides SBA 7(a) financing with particularly strong presence in 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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