James Polk Stone Community Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by James Polk Stone Community Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 721191 | Bed-and-Breakfast Inns | 8 | $18.0M | $2.2M | 20.0% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 8 | $1.2M | $150K | 20.0% |
| 621340 | Offices of Physical, Occupational and Speech Therapists, and Audiologi | 8 | $600K | $75K | 20.0% |
| 238990 | All Other Specialty Trade Contractors | 8 | $2.5M | $307K | 20.0% |
| 311611 | Animal (except Poultry) Slaughtering | 8 | $383K | $48K | 20.0% |
Geographic Distribution
SBA lending activity for James Polk Stone Community Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| New Mexico (NM) | 40 | $22.6M | 100.0% |
Why Choose James Polk Stone Community Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 40 SBA loans approved, totaling $22.6M in financing
- ✓Industry Expertise: Specialized focus on Bed-and-Breakfast Inns, Snack and Nonalcoholic Beverage Bars, Offices of Physical, Occupational and Speech Therapists, and Audiologi
- ✓Competitive Terms: Average interest rate of 7.30% with flexible term lengths averaging 110 months
- ✓Loan Range: Loan sizes from $48K to $2.2M, with an average of $565K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in NM
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 James Polk Stone Community Bank SBA lending
What types of businesses does James Polk Stone Community Bank typically finance?
James Polk Stone Community Bank specializes in SBA 7(a) lending to specific industries including bed-and-breakfast inns, snack and nonalcoholic beverage bars, offices of physical, occupational and speech therapists, and audiologi, all other specialty trade contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are James Polk Stone Community Bank's typical SBA loan terms?
James Polk Stone Community Bank's SBA 7(a) loans typically feature an average interest rate of 7.30% and average term length of 110 months (approximately 9 years). Loan sizes range from $48K to $2.2M, with an average loan size of $565K.
Do I need a business valuation for a James Polk Stone Community Bank SBA loan?
Yes, James Polk Stone Community 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 James Polk Stone Community Bank compare to other SBA lenders?
James Polk Stone Community Bank has originated 40 SBA loans totaling $22.6M 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 James Polk Stone Community Bank lend in?
James Polk Stone Community Bank provides SBA 7(a) financing with particularly strong presence in NM. 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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