Homeland Federal Savings Bank
SBA 7(a) Lending Profile · FY 2022 analysis
Industry Focus
Top industries served by Homeland Federal Savings Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811411 | Home and Garden Equipment Repair and Maintenance | 8 | $1.9M | $235K | 100.0% |
Geographic Distribution
SBA lending activity for Homeland Federal Savings Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Louisiana (LA) | 8 | $1.9M | 100.0% |
Why Choose Homeland Federal Savings Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 8 SBA loans approved, totaling $1.9M in financing
- ✓Industry Expertise: Specialized focus on Home and Garden Equipment Repair and Maintenance
- ✓Competitive Terms: Average interest rate of 5.50% with flexible term lengths averaging 120 months
- ✓Loan Range: Loan sizes from $235K to $235K, with an average of $235K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in LA
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 Homeland Federal Savings Bank SBA lending
What types of businesses does Homeland Federal Savings Bank typically finance?
Homeland Federal Savings Bank specializes in SBA 7(a) lending to specific industries including home and garden equipment repair and maintenance. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Homeland Federal Savings Bank's typical SBA loan terms?
Homeland Federal Savings Bank's SBA 7(a) loans typically feature an average interest rate of 5.50% and average term length of 120 months (approximately 10 years). Loan sizes range from $235K to $235K, with an average loan size of $235K.
Do I need a business valuation for a Homeland Federal Savings Bank SBA loan?
Yes, Homeland Federal 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 Homeland Federal Savings Bank compare to other SBA lenders?
Homeland Federal Savings Bank has originated 8 SBA loans totaling $1.9M 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 Homeland Federal Savings Bank lend in?
Homeland Federal Savings Bank provides SBA 7(a) financing with particularly strong presence in LA. 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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