HOMEBANK
SBA 7(a) Lending Profile · FY 2022 analysis
Industry Focus
Top industries served by HOMEBANK
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 16 | $4.2M | $261K | 28.6% |
| 722513 | Limited-Service Restaurants | 16 | $6.6M | $409K | 28.6% |
| 713940 | Fitness and Recreational Sports Centers | 8 | $3.4M | $426K | 14.3% |
| 541940 | Veterinary Services | 8 | $9.7M | $1.2M | 14.3% |
| 516210 | Other | 8 | $4.0M | $500K | 14.3% |
Geographic Distribution
SBA lending activity for HOMEBANK by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Missouri (MO) | 24 | $17.1M | 42.9% |
| Illinois (IL) | 32 | $10.7M | 57.1% |
Why Choose HOMEBANK?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 56 SBA loans approved, totaling $27.8M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Limited-Service Restaurants, Fitness and Recreational Sports Centers
- ✓Competitive Terms: Average interest rate of 9.14% with flexible term lengths averaging 147 months
- ✓Loan Range: Loan sizes from $167K to $1.2M, with an average of $496K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in IL, MO
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 HOMEBANK SBA lending
What types of businesses does HOMEBANK typically finance?
HOMEBANK specializes in SBA 7(a) lending to specific industries including full-service restaurants, limited-service restaurants, fitness and recreational sports centers, veterinary services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are HOMEBANK's typical SBA loan terms?
HOMEBANK's SBA 7(a) loans typically feature an average interest rate of 9.14% and average term length of 147 months (approximately 12 years). Loan sizes range from $167K to $1.2M, with an average loan size of $496K.
Do I need a business valuation for a HOMEBANK SBA loan?
Yes, HOMEBANK 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 HOMEBANK compare to other SBA lenders?
HOMEBANK has originated 56 SBA loans totaling $27.8M 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 HOMEBANK lend in?
HOMEBANK provides SBA 7(a) financing with particularly strong presence in IL, MO. 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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