Industrial Bank
SBA 7(a) Lending Profile · FY 2025 analysis
Industry Focus
Top industries served by Industrial Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 24 | $49.3M | $2.1M | 11.5% |
| 311811 | Retail Bakeries | 16 | $8.9M | $554K | 7.7% |
| 812199 | Other Personal Care Services | 16 | $10.5M | $659K | 7.7% |
| 722513 | Limited-Service Restaurants | 16 | $7.8M | $489K | 7.7% |
| 541110 | Offices of Lawyers | 16 | $28.8M | $1.8M | 7.7% |
| 541611 | Administrative Management and General Management Consulting Services | 16 | $4.8M | $300K | 7.7% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 16 | $3.1M | $194K | 7.7% |
| 812112 | Beauty Salons | 16 | $7.1M | $443K | 7.7% |
| 713940 | Fitness and Recreational Sports Centers | 8 | $7.4M | $929K | 3.8% |
| 621330 | Offices of Mental Health Practitioners (except Physicians) | 8 | $1.0M | $125K | 3.8% |
Geographic Distribution
SBA lending activity for Industrial Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| District of Columbia (DC) | 72 | $91.5M | 34.6% |
| Maryland (MD) | 88 | $38.0M | 42.3% |
| New Jersey (NJ) | 16 | $8.8M | 7.7% |
| Virginia (VA) | 32 | $8.5M | 15.4% |
Why Choose Industrial Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 208 SBA loans approved, totaling $146.7M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Retail Bakeries, Other Personal Care Services
- ✓Competitive Terms: Average interest rate of 8.14% with flexible term lengths averaging 132 months
- ✓Loan Range: Loan sizes from $46K to $4.6M, with an average of $705K
- ✓Nationwide Reach: Active lending in 4 states, with strong presence in MD, DC, VA
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 Industrial Bank SBA lending
What types of businesses does Industrial Bank typically finance?
Industrial Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, retail bakeries, other personal care services, limited-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Industrial Bank's typical SBA loan terms?
Industrial Bank's SBA 7(a) loans typically feature an average interest rate of 8.14% and average term length of 132 months (approximately 11 years). Loan sizes range from $46K to $4.6M, with an average loan size of $705K.
Do I need a business valuation for a Industrial Bank SBA loan?
Yes, Industrial 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 Industrial Bank compare to other SBA lenders?
Industrial Bank has originated 208 SBA loans totaling $146.7M 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 Industrial Bank lend in?
Industrial Bank provides SBA 7(a) financing with particularly strong presence in MD, DC, VA, NJ. 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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