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Grants State Bank, A division of

SBA 7(a) Lending Profile · All Time analysis

Loans: 2Volume: $600KAvg Loan: $300KAvg Rate: Avg Term: 12 monthsJobs: 0

Industry Focus

Top industries served by Grants State Bank, A division of · All Time

NAICSIndustryLoansVolumeAvg LoanShare

Geographic Distribution

SBA lending activity for Grants State Bank, A division of by state

StateLoansVolumeShare
New Mexico (NM)2$600K100.0%
Loan Volume
$600K
$600K

Why Choose Grants State Bank, A division of?

Based on SBA 7(a) lending track record from 1999-2000

  • Proven Track Record: 2 SBA loans approved, totaling $600K in financing
  • Industry Expertise: Specialized focus on
  • Competitive Terms: Average interest rate of with flexible term lengths averaging 12 months
  • Loan Range: Loan sizes from $300K to $300K, with an average of $300K
  • Nationwide Reach: Active lending in 1 states, with strong presence in NM

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 Grants State Bank, A division of SBA lending

What types of businesses does Grants State Bank, A division of typically finance?

Grants State Bank, A division of specializes in SBA 7(a) lending to specific industries including . They have developed expertise in these sectors and understand the unique financial characteristics of each industry.

What are Grants State Bank, A division of's typical SBA loan terms?

Grants State Bank, A division of's SBA 7(a) loans typically feature an average interest rate of and average term length of 12 months (approximately 1 years). Loan sizes range from $300K to $300K, with an average loan size of $300K.

Do I need a business valuation for a Grants State Bank, A division of SBA loan?

Yes, Grants State Bank, A division of 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 Grants State Bank, A division of compare to other SBA lenders?

Grants State Bank, A division of has originated 2 SBA loans totaling $600K since 1999. 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 Grants State Bank, A division of lend in?

Grants State Bank, A division of provides SBA 7(a) financing with particularly strong presence in NM. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.

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