InterBank
SBA 7(a) Lending Profile · FY 2024 analysis
Industry Focus
Top industries served by InterBank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 24 | $2.2M | $92K | 25.0% |
| 444220 | Nursery and Garden Centers | 16 | $1.3M | $83K | 16.7% |
| 561431 | Private Mail Centers | 16 | $1.2M | $75K | 16.7% |
| 722511 | Full-Service Restaurants | 16 | $7.6M | $474K | 16.7% |
| 488410 | Motor Vehicle Towing | 8 | $3.0M | $374K | 8.3% |
| 312120 | Breweries | 8 | $5.8M | $719K | 8.3% |
| 423990 | Other Miscellaneous Durable Goods Merchant Wholesalers | 8 | $8.0M | $1.0M | 8.3% |
Geographic Distribution
SBA lending activity for InterBank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 32 | $15.9M | 33.3% |
| Oklahoma (OK) | 64 | $13.2M | 66.7% |
Why Choose InterBank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 96 SBA loans approved, totaling $29.1M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Nursery and Garden Centers, Private Mail Centers
- ✓Competitive Terms: Average interest rate of 6.42% with flexible term lengths averaging 96 months
- ✓Loan Range: Loan sizes from $40K to $1.0M, with an average of $303K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in OK, TX
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 InterBank SBA lending
What types of businesses does InterBank typically finance?
InterBank specializes in SBA 7(a) lending to specific industries including limited-service restaurants, nursery and garden centers, private mail centers, full-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are InterBank's typical SBA loan terms?
InterBank's SBA 7(a) loans typically feature an average interest rate of 6.42% and average term length of 96 months (approximately 8 years). Loan sizes range from $40K to $1.0M, with an average loan size of $303K.
Do I need a business valuation for a InterBank SBA loan?
Yes, InterBank 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 InterBank compare to other SBA lenders?
InterBank has originated 96 SBA loans totaling $29.1M 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 InterBank lend in?
InterBank provides SBA 7(a) financing with particularly strong presence in OK, TX. 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.
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Professional valuations are often required for SBA loans over $250,000.
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