Hendricks County Bank and Trust Company
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Hendricks County Bank and Trust Company
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 713940 | Fitness and Recreational Sports Centers | 32 | $907K | $28K | 12.5% |
| 722513 | Limited-Service Restaurants | 24 | $9.5M | $394K | 9.4% |
| 236118 | Residential Remodelers | 24 | $2.0M | $83K | 9.4% |
| 811111 | General Automotive Repair | 24 | $2.4M | $100K | 9.4% |
| 484220 | Specialized Freight (except Used Goods) Trucking, Local | 16 | $1.6M | $102K | 6.3% |
| 812112 | Beauty Salons | 16 | $1.6M | $103K | 6.3% |
| 238990 | All Other Specialty Trade Contractors | 16 | $3.6M | $225K | 6.3% |
| 811310 | Commercial and Industrial Machinery and Equipment (except Automotive a | 8 | $160K | $20K | 3.1% |
| 524210 | Insurance Agencies and Brokerages | 8 | $123K | $15K | 3.1% |
| 541350 | Building Inspection Services | 8 | $2.6M | $320K | 3.1% |
Geographic Distribution
SBA lending activity for Hendricks County Bank and Trust Company by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Indiana (IN) | 256 | $44.0M | 100.0% |
Why Choose Hendricks County Bank and Trust Company?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 256 SBA loans approved, totaling $44.0M in financing
- ✓Industry Expertise: Specialized focus on Fitness and Recreational Sports Centers, Limited-Service Restaurants, Residential Remodelers
- ✓Competitive Terms: Average interest rate of 7.20% with flexible term lengths averaging 67 months
- ✓Loan Range: Loan sizes from $15K to $1.4M, with an average of $172K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in IN
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 Hendricks County Bank and Trust Company SBA lending
What types of businesses does Hendricks County Bank and Trust Company typically finance?
Hendricks County Bank and Trust Company specializes in SBA 7(a) lending to specific industries including fitness and recreational sports centers, limited-service restaurants, residential remodelers, general automotive repair. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Hendricks County Bank and Trust Company's typical SBA loan terms?
Hendricks County Bank and Trust Company's SBA 7(a) loans typically feature an average interest rate of 7.20% and average term length of 67 months (approximately 6 years). Loan sizes range from $15K to $1.4M, with an average loan size of $172K.
Do I need a business valuation for a Hendricks County Bank and Trust Company SBA loan?
Yes, Hendricks County Bank and Trust 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 Hendricks County Bank and Trust Company compare to other SBA lenders?
Hendricks County Bank and Trust Company has originated 256 SBA loans totaling $44.0M 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 Hendricks County Bank and Trust Company lend in?
Hendricks County Bank and Trust Company provides SBA 7(a) financing with particularly strong presence in IN. 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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