Hyden Citizens Bank Inc
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Hyden Citizens Bank Inc · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811111 | General Automotive Repair | 1 | $89K | $89K | 50.0% |
Geographic Distribution
SBA lending activity for Hyden Citizens Bank Inc by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Kentucky (KY) | 2 | $174K | 100.0% |
Why Choose Hyden Citizens Bank Inc?
Based on SBA 7(a) lending track record from 1998-2000
- ✓Proven Track Record: 2 SBA loans approved, totaling $174K in financing
- ✓Industry Expertise: Specialized focus on General Automotive Repair
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 90 months
- ✓Loan Range: Loan sizes from $85K to $89K, with an average of $87K
- ✓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 Hyden Citizens Bank Inc SBA lending
What types of businesses does Hyden Citizens Bank Inc typically finance?
Hyden Citizens Bank Inc specializes in SBA 7(a) lending to specific industries including general automotive repair. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Hyden Citizens Bank Inc's typical SBA loan terms?
Hyden Citizens Bank Inc's SBA 7(a) loans typically feature an average interest rate of — and average term length of 90 months (approximately 8 years). Loan sizes range from $85K to $89K, with an average loan size of $87K.
Do I need a business valuation for a Hyden Citizens Bank Inc SBA loan?
Yes, Hyden Citizens Bank Inc 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 Hyden Citizens Bank Inc compare to other SBA lenders?
Hyden Citizens Bank Inc has originated 2 SBA loans totaling $174K since 1998. 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 Hyden Citizens Bank Inc lend in?
Hyden Citizens Bank Inc 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
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