Kirkwood Bank and Trust Co
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Kirkwood Bank and Trust Co · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 541110 | Offices of Lawyers | 6 | $2.5M | $423K | 5.7% |
| 722410 | Drinking Places (Alcoholic Beverages) | 5 | $1.5M | $306K | 4.8% |
| 238310 | Drywall and Insulation Contractors | 3 | $278K | $93K | 2.9% |
| 561730 | Landscaping Services | 2 | $126K | $63K | 1.9% |
| 713950 | Bowling Centers | 2 | $434K | $217K | 1.9% |
| 561510 | Travel Agencies | 2 | $250K | $125K | 1.9% |
| 238210 | Electrical Contractors and Other Wiring Installation Contractors | 1 | $100K | $100K | 1.0% |
| 423320 | Brick, Stone, and Related Construction Material Merchant Wholesalers | 1 | $25K | $25K | 1.0% |
| 561740 | Carpet and Upholstery Cleaning Services | 1 | $44K | $44K | 1.0% |
| 551112 | Offices of Other Holding Companies | 1 | $515K | $515K | 1.0% |
Geographic Distribution
SBA lending activity for Kirkwood Bank and Trust Co by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Nevada (NV) | 44 | $15.5M | 41.9% |
| North Dakota (ND) | 59 | $11.9M | 56.2% |
| Arizona (AZ) | 1 | $1.0M | 1.0% |
| California (CA) | 1 | $500K | 1.0% |
Why Choose Kirkwood Bank and Trust Co?
Based on SBA 7(a) lending track record from 1991-2018
- ✓Proven Track Record: 105 SBA loans approved, totaling $29.0M in financing
- ✓Industry Expertise: Specialized focus on Offices of Lawyers, Drinking Places (Alcoholic Beverages), Drywall and Insulation Contractors
- ✓Competitive Terms: Average interest rate of 5.43% with flexible term lengths averaging 133 months
- ✓Loan Range: Loan sizes from $13K to $1.0M, with an average of $276K
- ✓Nationwide Reach: Active lending in 4 states, with strong presence in ND, NV, CA
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 Kirkwood Bank and Trust Co SBA lending
What types of businesses does Kirkwood Bank and Trust Co typically finance?
Kirkwood Bank and Trust Co specializes in SBA 7(a) lending to specific industries including offices of lawyers, drinking places (alcoholic beverages), drywall and insulation contractors, landscaping services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Kirkwood Bank and Trust Co's typical SBA loan terms?
Kirkwood Bank and Trust Co's SBA 7(a) loans typically feature an average interest rate of 5.43% and average term length of 133 months (approximately 11 years). Loan sizes range from $13K to $1.0M, with an average loan size of $276K.
Do I need a business valuation for a Kirkwood Bank and Trust Co SBA loan?
Yes, Kirkwood Bank and Trust Co 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 Kirkwood Bank and Trust Co compare to other SBA lenders?
Kirkwood Bank and Trust Co has originated 105 SBA loans totaling $29.0M since 1991. 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 Kirkwood Bank and Trust Co lend in?
Kirkwood Bank and Trust Co provides SBA 7(a) financing with particularly strong presence in ND, NV, CA, AZ. 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?
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