Huron Valley State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Huron Valley State Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 541690 | Other Scientific and Technical Consulting Services | 4 | $1.1M | $269K | 5.6% |
| 722511 | Full-Service Restaurants | 3 | $963K | $321K | 4.2% |
| 423120 | Motor Vehicle Supplies and New Parts Merchant Wholesalers | 3 | $333K | $111K | 4.2% |
| 561720 | Janitorial Services | 3 | $130K | $43K | 4.2% |
| 561730 | Landscaping Services | 2 | $150K | $75K | 2.8% |
| 327320 | Ready-Mix Concrete Manufacturing | 2 | $750K | $375K | 2.8% |
| 541990 | All Other Professional, Scientific, and Technical Services | 2 | $60K | $30K | 2.8% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 2 | $957K | $479K | 2.8% |
| 238210 | Electrical Contractors and Other Wiring Installation Contractors | 2 | $205K | $103K | 2.8% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 2 | $300K | $150K | 2.8% |
Geographic Distribution
SBA lending activity for Huron Valley State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Michigan (MI) | 72 | $14.6M | 100.0% |
Why Choose Huron Valley State Bank?
Based on SBA 7(a) lending track record from 2007-2025
- ✓Proven Track Record: 72 SBA loans approved, totaling $14.6M in financing
- ✓Industry Expertise: Specialized focus on Other Scientific and Technical Consulting Services, Full-Service Restaurants, Motor Vehicle Supplies and New Parts Merchant Wholesalers
- ✓Competitive Terms: Average interest rate of 5.81% with flexible term lengths averaging 91 months
- ✓Loan Range: Loan sizes from $10K to $750K, with an average of $203K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MI
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 Huron Valley State Bank SBA lending
What types of businesses does Huron Valley State Bank typically finance?
Huron Valley State Bank specializes in SBA 7(a) lending to specific industries including other scientific and technical consulting services, full-service restaurants, motor vehicle supplies and new parts merchant wholesalers, janitorial services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Huron Valley State Bank's typical SBA loan terms?
Huron Valley State Bank's SBA 7(a) loans typically feature an average interest rate of 5.81% and average term length of 91 months (approximately 8 years). Loan sizes range from $10K to $750K, with an average loan size of $203K.
Do I need a business valuation for a Huron Valley State Bank SBA loan?
Yes, Huron Valley State 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 Huron Valley State Bank compare to other SBA lenders?
Huron Valley State Bank has originated 72 SBA loans totaling $14.6M since 2007. 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 Huron Valley State Bank lend in?
Huron Valley State Bank provides SBA 7(a) financing with particularly strong presence in MI. 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?
Certified valuations are often required for SBA loans over $250,000.
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