Grand Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Grand Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621210 | Offices of Dentists | 2 | $620K | $310K | 15.4% |
| 334419 | Other Electronic Component Manufacturing | 1 | $580K | $580K | 7.7% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 1 | $1.6M | $1.6M | 7.7% |
| 237120 | Oil and Gas Pipeline and Related Structures Construction | 1 | $1.5M | $1.5M | 7.7% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 1 | $900K | $900K | 7.7% |
| 713940 | Fitness and Recreational Sports Centers | 1 | $138K | $138K | 7.7% |
| 339999 | All Other Miscellaneous Manufacturing | 1 | $1.2M | $1.2M | 7.7% |
| 811310 | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | 1 | $1.9M | $1.9M | 7.7% |
| 621610 | Home Health Care Services | 1 | $1.4M | $1.4M | 7.7% |
Geographic Distribution
SBA lending activity for Grand Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Oklahoma (OK) | 13 | $11.5M | 100.0% |
Why Choose Grand Bank?
Based on SBA 7(a) lending track record from 1992-2016
- ✓Proven Track Record: 13 SBA loans approved, totaling $11.5M in financing
- ✓Industry Expertise: Specialized focus on Offices of Dentists, Other Electronic Component Manufacturing, Drycleaning and Laundry Services (except Coin-Operated)
- ✓Competitive Terms: Average interest rate of 5.66% with flexible term lengths averaging 118 months
- ✓Loan Range: Loan sizes from $138K to $1.9M, with an average of $884K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in OK
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 Grand Bank SBA lending
What types of businesses does Grand Bank typically finance?
Grand Bank specializes in SBA 7(a) lending to specific industries including offices of dentists, other electronic component manufacturing, drycleaning and laundry services (except coin-operated), oil and gas pipeline and related structures construction. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Grand Bank's typical SBA loan terms?
Grand Bank's SBA 7(a) loans typically feature an average interest rate of 5.66% and average term length of 118 months (approximately 10 years). Loan sizes range from $138K to $1.9M, with an average loan size of $884K.
Do I need a business valuation for a Grand Bank SBA loan?
Yes, Grand 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 Grand Bank compare to other SBA lenders?
Grand Bank has originated 13 SBA loans totaling $11.5M since 1992. 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 Grand Bank lend in?
Grand Bank provides SBA 7(a) financing with particularly strong presence in OK. 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?
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