LBA Savings Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by LBA Savings Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 327991 | Cut Stone and Stone Product Manufacturing | 1 | $115K | $115K | 3.3% |
| 812112 | Beauty Salons | 1 | $150K | $150K | 3.3% |
| 624410 | Child Care Services | 1 | $150K | $150K | 3.3% |
| 326199 | All Other Plastics Product Manufacturing | 1 | $150K | $150K | 3.3% |
| 713990 | All Other Amusement and Recreation Industries | 1 | $300K | $300K | 3.3% |
| 541360 | Geophysical Surveying and Mapping Services | 1 | $45K | $45K | 3.3% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 1 | $440K | $440K | 3.3% |
| 722320 | Caterers | 1 | $105K | $105K | 3.3% |
| 325199 | All Other Basic Organic Chemical Manufacturing | 1 | $42K | $42K | 3.3% |
| 213112 | Support Activities for Oil and Gas Operations | 1 | $64K | $64K | 3.3% |
Geographic Distribution
SBA lending activity for LBA Savings Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Louisiana (LA) | 30 | $4.5M | 100.0% |
Why Choose LBA Savings Bank?
Based on SBA 7(a) lending track record from 1996-2003
- ✓Proven Track Record: 30 SBA loans approved, totaling $4.5M in financing
- ✓Industry Expertise: Specialized focus on Cut Stone and Stone Product Manufacturing, Beauty Salons, Child Care Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 84 months
- ✓Loan Range: Loan sizes from $10K to $1.0M, with an average of $149K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in LA
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 LBA Savings Bank SBA lending
What types of businesses does LBA Savings Bank typically finance?
LBA Savings Bank specializes in SBA 7(a) lending to specific industries including cut stone and stone product manufacturing, beauty salons, child care services, all other plastics product manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are LBA Savings Bank's typical SBA loan terms?
LBA Savings Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 84 months (approximately 7 years). Loan sizes range from $10K to $1.0M, with an average loan size of $149K.
Do I need a business valuation for a LBA Savings Bank SBA loan?
Yes, LBA Savings 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 LBA Savings Bank compare to other SBA lenders?
LBA Savings Bank has originated 30 SBA loans totaling $4.5M since 1996. 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 LBA Savings Bank lend in?
LBA Savings Bank provides SBA 7(a) financing with particularly strong presence in LA. 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.
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