Gwinnett Banking Company
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Gwinnett Banking Company · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 624410 | Child Care Services | 8 | $11.5M | $1.4M | 10.5% |
| 561499 | All Other Business Support Services | 4 | $555K | $139K | 5.3% |
| 811192 | Car Washes | 3 | $2.5M | $843K | 3.9% |
| 423320 | Brick, Stone, and Related Construction Material Merchant Wholesalers | 3 | $844K | $281K | 3.9% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 3 | $810K | $270K | 3.9% |
| 713910 | Golf Courses and Country Clubs | 3 | $2.1M | $701K | 3.9% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 2 | $495K | $248K | 2.6% |
| 812310 | Coin-Operated Laundries and Drycleaners | 2 | $1.1M | $573K | 2.6% |
| 811310 | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | 1 | $1.2M | $1.2M | 1.3% |
| 321114 | Wood Preservation | 1 | $240K | $240K | 1.3% |
Geographic Distribution
SBA lending activity for Gwinnett Banking Company by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Georgia (GA) | 75 | $48.6M | 98.7% |
| North Carolina (NC) | 1 | $522K | 1.3% |
Why Choose Gwinnett Banking Company?
Based on SBA 7(a) lending track record from 1992-2007
- ✓Proven Track Record: 76 SBA loans approved, totaling $49.1M in financing
- ✓Industry Expertise: Specialized focus on Child Care Services, All Other Business Support Services, Car Washes
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 213 months
- ✓Loan Range: Loan sizes from $100K to $1.7M, with an average of $646K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in GA, 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 Gwinnett Banking Company SBA lending
What types of businesses does Gwinnett Banking Company typically finance?
Gwinnett Banking Company specializes in SBA 7(a) lending to specific industries including child care services, all other business support services, car washes, brick, stone, and related construction material merchant wholesalers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Gwinnett Banking Company's typical SBA loan terms?
Gwinnett Banking Company's SBA 7(a) loans typically feature an average interest rate of — and average term length of 213 months (approximately 18 years). Loan sizes range from $100K to $1.7M, with an average loan size of $646K.
Do I need a business valuation for a Gwinnett Banking Company SBA loan?
Yes, Gwinnett Banking Company 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 Gwinnett Banking Company compare to other SBA lenders?
Gwinnett Banking Company has originated 76 SBA loans totaling $49.1M 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 Gwinnett Banking Company lend in?
Gwinnett Banking Company provides SBA 7(a) financing with particularly strong presence in GA, NC. 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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