Liberty National Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Liberty National Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 611620 | Sports and Recreation Instruction | 16 | $624K | $39K | 20.0% |
| 622110 | General Medical and Surgical Hospitals | 16 | $3.6M | $225K | 20.0% |
| 722513 | Limited-Service Restaurants | 8 | $1.7M | $218K | 10.0% |
| 621320 | Offices of Optometrists | 8 | $468K | $59K | 10.0% |
| 811210 | Other | 8 | $6.1M | $761K | 10.0% |
| 423220 | Home Furnishing Merchant Wholesalers | 8 | $160K | $20K | 10.0% |
| 722514 | Cafeterias, Grill Buffets, and Buffets | 8 | $1.2M | $150K | 10.0% |
| 312120 | Breweries | 8 | $2.8M | $345K | 10.0% |
Geographic Distribution
SBA lending activity for Liberty National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Iowa (IA) | 56 | $7.3M | 70.0% |
| South Dakota (SD) | 8 | $6.1M | 10.0% |
| Oklahoma (OK) | 16 | $3.2M | 20.0% |
Why Choose Liberty National Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 80 SBA loans approved, totaling $16.6M in financing
- ✓Industry Expertise: Specialized focus on Sports and Recreation Instruction, General Medical and Surgical Hospitals, Limited-Service Restaurants
- ✓Competitive Terms: Average interest rate of 7.91% with flexible term lengths averaging 65 months
- ✓Loan Range: Loan sizes from $20K to $761K, with an average of $208K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in IA, OK, SD
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 Liberty National Bank SBA lending
What types of businesses does Liberty National Bank typically finance?
Liberty National Bank specializes in SBA 7(a) lending to specific industries including sports and recreation instruction, general medical and surgical hospitals, limited-service restaurants, offices of optometrists. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Liberty National Bank's typical SBA loan terms?
Liberty National Bank's SBA 7(a) loans typically feature an average interest rate of 7.91% and average term length of 65 months (approximately 5 years). Loan sizes range from $20K to $761K, with an average loan size of $208K.
Do I need a business valuation for a Liberty National Bank SBA loan?
Yes, Liberty 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 Liberty National Bank compare to other SBA lenders?
Liberty National Bank has originated 80 SBA loans totaling $16.6M 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 Liberty National Bank lend in?
Liberty National Bank provides SBA 7(a) financing with particularly strong presence in IA, OK, SD. 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.
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