Hometown Bank of Corbin, Inc. d/b/a Hometown Bank
SBA 7(a) Lending Profile · FY 2025 analysis
Industry Focus
Top industries served by Hometown Bank of Corbin, Inc. d/b/a Hometown Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 16 | $704K | $44K | 50.0% |
| 713940 | Fitness and Recreational Sports Centers | 8 | $1.0M | $125K | 25.0% |
| 713990 | All Other Amusement and Recreation Industries | 8 | $724K | $91K | 25.0% |
Geographic Distribution
SBA lending activity for Hometown Bank of Corbin, Inc. d/b/a Hometown Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Kentucky (KY) | 32 | $2.4M | 100.0% |
Why Choose Hometown Bank of Corbin, Inc. d/b/a Hometown Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 32 SBA loans approved, totaling $2.4M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Fitness and Recreational Sports Centers, All Other Amusement and Recreation Industries
- ✓Competitive Terms: Average interest rate of 9.21% with flexible term lengths averaging 71 months
- ✓Loan Range: Loan sizes from $38K to $125K, with an average of $76K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in KY
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 Hometown Bank of Corbin, Inc. d/b/a Hometown Bank SBA lending
What types of businesses does Hometown Bank of Corbin, Inc. d/b/a Hometown Bank typically finance?
Hometown Bank of Corbin, Inc. d/b/a Hometown Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, fitness and recreational sports centers, all other amusement and recreation industries. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Hometown Bank of Corbin, Inc. d/b/a Hometown Bank's typical SBA loan terms?
Hometown Bank of Corbin, Inc. d/b/a Hometown Bank's SBA 7(a) loans typically feature an average interest rate of 9.21% and average term length of 71 months (approximately 6 years). Loan sizes range from $38K to $125K, with an average loan size of $76K.
Do I need a business valuation for a Hometown Bank of Corbin, Inc. d/b/a Hometown Bank SBA loan?
Yes, Hometown Bank of Corbin, Inc. d/b/a Hometown 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 Hometown Bank of Corbin, Inc. d/b/a Hometown Bank compare to other SBA lenders?
Hometown Bank of Corbin, Inc. d/b/a Hometown Bank has originated 32 SBA loans totaling $2.4M 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 Hometown Bank of Corbin, Inc. d/b/a Hometown Bank lend in?
Hometown Bank of Corbin, Inc. d/b/a Hometown Bank provides SBA 7(a) financing with particularly strong presence in KY. 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.
Get your certified valuation from Fair Market Value.