Great American Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Great American Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811111 | General Automotive Repair | 8 | $2.8M | $350K | 25.0% |
| 562991 | Septic Tank and Related Services | 8 | $5.8M | $725K | 25.0% |
| 722513 | Limited-Service Restaurants | 8 | $440K | $55K | 25.0% |
| 445320 | Other | 8 | $3.8M | $480K | 25.0% |
Geographic Distribution
SBA lending activity for Great American Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Kansas (KS) | 32 | $12.9M | 100.0% |
Why Choose Great American Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 32 SBA loans approved, totaling $12.9M in financing
- ✓Industry Expertise: Specialized focus on General Automotive Repair, Septic Tank and Related Services, Limited-Service Restaurants
- ✓Competitive Terms: Average interest rate of 7.44% with flexible term lengths averaging 111 months
- ✓Loan Range: Loan sizes from $55K to $725K, with an average of $403K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in KS
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 Great American Bank SBA lending
What types of businesses does Great American Bank typically finance?
Great American Bank specializes in SBA 7(a) lending to specific industries including general automotive repair, septic tank and related services, limited-service restaurants, other. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Great American Bank's typical SBA loan terms?
Great American Bank's SBA 7(a) loans typically feature an average interest rate of 7.44% and average term length of 111 months (approximately 9 years). Loan sizes range from $55K to $725K, with an average loan size of $403K.
Do I need a business valuation for a Great American Bank SBA loan?
Yes, Great American 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 Great American Bank compare to other SBA lenders?
Great American Bank has originated 32 SBA loans totaling $12.9M 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 Great American Bank lend in?
Great American Bank provides SBA 7(a) financing with particularly strong presence in KS. 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.
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