Lamar National Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Lamar National Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 713910 | Golf Courses and Country Clubs | 1 | $670K | $670K | 100.0% |
Geographic Distribution
SBA lending activity for Lamar National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 1 | $670K | 100.0% |
Why Choose Lamar National Bank?
Based on SBA 7(a) lending track record from 2017-2017
- ✓Proven Track Record: 1 SBA loans approved, totaling $670K in financing
- ✓Industry Expertise: Specialized focus on Golf Courses and Country Clubs
- ✓Competitive Terms: Average interest rate of 5.75% with flexible term lengths averaging 243 months
- ✓Loan Range: Loan sizes from $670K to $670K, with an average of $670K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in 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 Lamar National Bank SBA lending
What types of businesses does Lamar National Bank typically finance?
Lamar National Bank specializes in SBA 7(a) lending to specific industries including golf courses and country clubs. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Lamar National Bank's typical SBA loan terms?
Lamar National Bank's SBA 7(a) loans typically feature an average interest rate of 5.75% and average term length of 243 months (approximately 20 years). Loan sizes range from $670K to $670K, with an average loan size of $670K.
Do I need a business valuation for a Lamar National Bank SBA loan?
Yes, Lamar National 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 Lamar National Bank compare to other SBA lenders?
Lamar National Bank has originated 1 SBA loans totaling $670K since 2017. 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 Lamar National Bank lend in?
Lamar National Bank provides SBA 7(a) financing with particularly strong presence in 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.
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.