HomePride Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by HomePride Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811111 | General Automotive Repair | 8 | $7.7M | $968K | 25.0% |
| 722511 | Full-Service Restaurants | 8 | $1.6M | $199K | 25.0% |
| 812199 | Other Personal Care Services | 8 | $1.0M | $125K | 25.0% |
| 721211 | RV (Recreational Vehicle) Parks and Campgrounds | 8 | $3.6M | $450K | 25.0% |
Geographic Distribution
SBA lending activity for HomePride Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Missouri (MO) | 32 | $13.9M | 100.0% |
Why Choose HomePride Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 32 SBA loans approved, totaling $13.9M in financing
- ✓Industry Expertise: Specialized focus on General Automotive Repair, Full-Service Restaurants, Other Personal Care Services
- ✓Competitive Terms: Average interest rate of 10.13% with flexible term lengths averaging 300 months
- ✓Loan Range: Loan sizes from $125K to $968K, with an average of $436K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in 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 HomePride Bank SBA lending
What types of businesses does HomePride Bank typically finance?
HomePride Bank specializes in SBA 7(a) lending to specific industries including general automotive repair, full-service restaurants, other personal care services, rv (recreational vehicle) parks and campgrounds. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are HomePride Bank's typical SBA loan terms?
HomePride Bank's SBA 7(a) loans typically feature an average interest rate of 10.13% and average term length of 300 months (approximately 25 years). Loan sizes range from $125K to $968K, with an average loan size of $436K.
Do I need a business valuation for a HomePride Bank SBA loan?
Yes, HomePride 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 HomePride Bank compare to other SBA lenders?
HomePride Bank has originated 32 SBA loans totaling $13.9M 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 HomePride Bank lend in?
HomePride Bank provides SBA 7(a) financing with particularly strong presence in 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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