Latino Economic Development Corp.
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Latino Economic Development Corp.
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 541990 | All Other Professional, Scientific, and Technical Services | 8 | $2.0M | $250K | 100.0% |
Geographic Distribution
SBA lending activity for Latino Economic Development Corp. by state
| State | Loans | Volume | Share |
|---|---|---|---|
| District of Columbia (DC) | 8 | $2.0M | 100.0% |
Why Choose Latino Economic Development Corp.?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 8 SBA loans approved, totaling $2.0M in financing
- ✓Industry Expertise: Specialized focus on All Other Professional, Scientific, and Technical Services
- ✓Competitive Terms: Average interest rate of 8.00% with flexible term lengths averaging 120 months
- ✓Loan Range: Loan sizes from $250K to $250K, with an average of $250K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in DC
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 Latino Economic Development Corp. SBA lending
What types of businesses does Latino Economic Development Corp. typically finance?
Latino Economic Development Corp. specializes in SBA 7(a) lending to specific industries including all other professional, scientific, and technical services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Latino Economic Development Corp.'s typical SBA loan terms?
Latino Economic Development Corp.'s SBA 7(a) loans typically feature an average interest rate of 8.00% and average term length of 120 months (approximately 10 years). Loan sizes range from $250K to $250K, with an average loan size of $250K.
Do I need a business valuation for a Latino Economic Development Corp. SBA loan?
Yes, Latino Economic Development Corp. 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 Latino Economic Development Corp. compare to other SBA lenders?
Latino Economic Development Corp. has originated 8 SBA loans totaling $2.0M 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 Latino Economic Development Corp. lend in?
Latino Economic Development Corp. provides SBA 7(a) financing with particularly strong presence in DC. 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?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.