High Plains Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by High Plains Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722515 | Snack and Nonalcoholic Beverage Bars | 24 | $9.2M | $383K | 30.0% |
| 722330 | Mobile Food Services | 8 | $690K | $86K | 10.0% |
| 312120 | Breweries | 8 | $8.4M | $1.1M | 10.0% |
| 812111 | Barber Shops | 8 | $12.8M | $1.6M | 10.0% |
| 812112 | Beauty Salons | 8 | $2.0M | $250K | 10.0% |
| 459120 | Other | 8 | $820K | $103K | 10.0% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 8 | $680K | $85K | 10.0% |
| 459110 | Other | 8 | $3.3M | $413K | 10.0% |
Geographic Distribution
SBA lending activity for High Plains Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Colorado (CO) | 80 | $37.9M | 100.0% |
Why Choose High Plains Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 80 SBA loans approved, totaling $37.9M in financing
- ✓Industry Expertise: Specialized focus on Snack and Nonalcoholic Beverage Bars, Mobile Food Services, Breweries
- ✓Competitive Terms: Average interest rate of 8.53% with flexible term lengths averaging 112 months
- ✓Loan Range: Loan sizes from $85K to $1.6M, with an average of $474K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in CO
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 High Plains Bank SBA lending
What types of businesses does High Plains Bank typically finance?
High Plains Bank specializes in SBA 7(a) lending to specific industries including snack and nonalcoholic beverage bars, mobile food services, breweries, barber shops. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are High Plains Bank's typical SBA loan terms?
High Plains Bank's SBA 7(a) loans typically feature an average interest rate of 8.53% and average term length of 112 months (approximately 9 years). Loan sizes range from $85K to $1.6M, with an average loan size of $474K.
Do I need a business valuation for a High Plains Bank SBA loan?
Yes, High Plains 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 High Plains Bank compare to other SBA lenders?
High Plains Bank has originated 80 SBA loans totaling $37.9M 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 High Plains Bank lend in?
High Plains Bank provides SBA 7(a) financing with particularly strong presence in CO. 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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