Heartland Community Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Heartland Community Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621210 | Offices of Dentists | 1 | $422K | $422K | 12.5% |
| 812910 | Pet Care (except Veterinary) Services | 1 | $50K | $50K | 12.5% |
| 531311 | Residential Property Managers | 1 | $100K | $100K | 12.5% |
Geographic Distribution
SBA lending activity for Heartland Community Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Indiana (IN) | 3 | $572K | 37.5% |
| Arkansas (AR) | 4 | $397K | 50.0% |
| Nebraska (NE) | 1 | $55K | 12.5% |
Why Choose Heartland Community Bank?
Based on SBA 7(a) lending track record from 1999-2003
- ✓Proven Track Record: 8 SBA loans approved, totaling $1.0M in financing
- ✓Industry Expertise: Specialized focus on Offices of Dentists, Pet Care (except Veterinary) Services, Residential Property Managers
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 120 months
- ✓Loan Range: Loan sizes from $50K to $422K, with an average of $128K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in AR, IN, NE
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 Heartland Community Bank SBA lending
What types of businesses does Heartland Community Bank typically finance?
Heartland Community Bank specializes in SBA 7(a) lending to specific industries including offices of dentists, pet care (except veterinary) services, residential property managers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Heartland Community Bank's typical SBA loan terms?
Heartland Community Bank'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 $50K to $422K, with an average loan size of $128K.
Do I need a business valuation for a Heartland Community Bank SBA loan?
Yes, Heartland Community 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 Heartland Community Bank compare to other SBA lenders?
Heartland Community Bank has originated 8 SBA loans totaling $1.0M 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 Heartland Community Bank lend in?
Heartland Community Bank provides SBA 7(a) financing with particularly strong presence in AR, IN, NE. 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.
Get your certified valuation from Fair Market Value.