Key Community Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Key Community Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 624410 | Child Care Services | 2 | $138K | $69K | 5.9% |
| 812112 | Beauty Salons | 1 | $45K | $45K | 2.9% |
| 541611 | Administrative Management and General Management Consulting Services | 1 | $250K | $250K | 2.9% |
| 621210 | Offices of Dentists | 1 | $225K | $225K | 2.9% |
| 493110 | General Warehousing and Storage | 1 | $500K | $500K | 2.9% |
| 484110 | General Freight Trucking, Local | 1 | $35K | $35K | 2.9% |
| 541810 | Advertising Agencies | 1 | $50K | $50K | 2.9% |
| 541512 | Computer Systems Design Services | 1 | $1.5M | $1.5M | 2.9% |
| 561510 | Travel Agencies | 1 | $55K | $55K | 2.9% |
| 811111 | General Automotive Repair | 1 | $30K | $30K | 2.9% |
Geographic Distribution
SBA lending activity for Key Community Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Ohio (OH) | 27 | $8.3M | 79.4% |
| New York (NY) | 3 | $807K | 8.8% |
| Utah (UT) | 1 | $250K | 2.9% |
| Minnesota (MN) | 3 | $185K | 8.8% |
Why Choose Key Community Bank?
Based on SBA 7(a) lending track record from 1997-2004
- ✓Proven Track Record: 34 SBA loans approved, totaling $9.6M in financing
- ✓Industry Expertise: Specialized focus on Child Care Services, Beauty Salons, Administrative Management and General Management Consulting Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 85 months
- ✓Loan Range: Loan sizes from $30K to $1.5M, with an average of $281K
- ✓Nationwide Reach: Active lending in 4 states, with strong presence in OH, MN, NY
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 Key Community Bank SBA lending
What types of businesses does Key Community Bank typically finance?
Key Community Bank specializes in SBA 7(a) lending to specific industries including child care services, beauty salons, administrative management and general management consulting services, offices of dentists. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Key Community Bank's typical SBA loan terms?
Key Community Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 85 months (approximately 7 years). Loan sizes range from $30K to $1.5M, with an average loan size of $281K.
Do I need a business valuation for a Key Community Bank SBA loan?
Yes, Key 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 Key Community Bank compare to other SBA lenders?
Key Community Bank has originated 34 SBA loans totaling $9.6M since 1997. 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 Key Community Bank lend in?
Key Community Bank provides SBA 7(a) financing with particularly strong presence in OH, MN, NY, UT. 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.
Get your certified valuation from Fair Market Value.