Harbor Bankshares Corporation
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Harbor Bankshares Corporation · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 812199 | Other Personal Care Services | 1 | $255K | $255K | 100.0% |
Geographic Distribution
SBA lending activity for Harbor Bankshares Corporation by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Maryland (MD) | 1 | $255K | 100.0% |
Why Choose Harbor Bankshares Corporation?
Based on SBA 7(a) lending track record from 2004-2004
- ✓Proven Track Record: 1 SBA loans approved, totaling $255K in financing
- ✓Industry Expertise: Specialized focus on Other Personal Care Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 120 months
- ✓Loan Range: Loan sizes from $255K to $255K, with an average of $255K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MD
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 Harbor Bankshares Corporation SBA lending
What types of businesses does Harbor Bankshares Corporation typically finance?
Harbor Bankshares Corporation specializes in SBA 7(a) lending to specific industries including other personal care services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Harbor Bankshares Corporation's typical SBA loan terms?
Harbor Bankshares Corporation's SBA 7(a) loans typically feature an average interest rate of — and average term length of 120 months (approximately 10 years). Loan sizes range from $255K to $255K, with an average loan size of $255K.
Do I need a business valuation for a Harbor Bankshares Corporation SBA loan?
Yes, Harbor Bankshares Corporation 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 Harbor Bankshares Corporation compare to other SBA lenders?
Harbor Bankshares Corporation has originated 1 SBA loans totaling $255K since 2004. 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 Harbor Bankshares Corporation lend in?
Harbor Bankshares Corporation provides SBA 7(a) financing with particularly strong presence in MD. 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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