Hebron Savings Bank
SBA 7(a) Lending Profile · FY 2024 analysis
Industry Focus
Top industries served by Hebron Savings Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 562991 | Septic Tank and Related Services | 8 | $1.9M | $240K | 20.0% |
| 621399 | Offices of All Other Miscellaneous Health Practitioners | 8 | $160K | $20K | 20.0% |
| 524126 | Direct Property and Casualty Insurance Carriers | 8 | $800K | $100K | 20.0% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 8 | $240K | $30K | 20.0% |
| 454110 | Electronic Shopping and Mail-Order Houses | 8 | $2.0M | $250K | 20.0% |
Geographic Distribution
SBA lending activity for Hebron Savings Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Maryland (MD) | 40 | $5.1M | 100.0% |
Why Choose Hebron Savings Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 40 SBA loans approved, totaling $5.1M in financing
- ✓Industry Expertise: Specialized focus on Septic Tank and Related Services, Offices of All Other Miscellaneous Health Practitioners, Direct Property and Casualty Insurance Carriers
- ✓Competitive Terms: Average interest rate of 8.60% with flexible term lengths averaging 120 months
- ✓Loan Range: Loan sizes from $20K to $250K, with an average of $128K
- ✓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 Hebron Savings Bank SBA lending
What types of businesses does Hebron Savings Bank typically finance?
Hebron Savings Bank specializes in SBA 7(a) lending to specific industries including septic tank and related services, offices of all other miscellaneous health practitioners, direct property and casualty insurance carriers, offices of physicians (except mental health specialists). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Hebron Savings Bank's typical SBA loan terms?
Hebron Savings Bank's SBA 7(a) loans typically feature an average interest rate of 8.60% and average term length of 120 months (approximately 10 years). Loan sizes range from $20K to $250K, with an average loan size of $128K.
Do I need a business valuation for a Hebron Savings Bank SBA loan?
Yes, Hebron Savings 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 Hebron Savings Bank compare to other SBA lenders?
Hebron Savings Bank has originated 40 SBA loans totaling $5.1M 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 Hebron Savings Bank lend in?
Hebron Savings Bank 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.
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Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
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