Libertyville Savings Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Libertyville Savings Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 334220 | Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing | 2 | $59K | $30K | 10.5% |
| 339920 | Sporting and Athletic Goods Manufacturing | 1 | $35K | $35K | 5.3% |
| 561730 | Landscaping Services | 1 | $35K | $35K | 5.3% |
| 445110 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 1 | $90K | $90K | 5.3% |
| 811111 | General Automotive Repair | 1 | $66K | $66K | 5.3% |
| 812111 | Barber Shops | 1 | $128K | $128K | 5.3% |
| 621210 | Offices of Dentists | 1 | $200K | $200K | 5.3% |
Geographic Distribution
SBA lending activity for Libertyville Savings Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Iowa (IA) | 19 | $1.2M | 100.0% |
Why Choose Libertyville Savings Bank?
Based on SBA 7(a) lending track record from 1991-2008
- ✓Proven Track Record: 19 SBA loans approved, totaling $1.2M in financing
- ✓Industry Expertise: Specialized focus on Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing, Sporting and Athletic Goods Manufacturing, Landscaping Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 89 months
- ✓Loan Range: Loan sizes from $10K to $200K, with an average of $63K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in IA
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 Libertyville Savings Bank SBA lending
What types of businesses does Libertyville Savings Bank typically finance?
Libertyville Savings Bank specializes in SBA 7(a) lending to specific industries including radio and television broadcasting and wireless communications equipment manufacturing, sporting and athletic goods manufacturing, landscaping services, supermarkets and other grocery retailers (except convenience retailers). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Libertyville Savings Bank's typical SBA loan terms?
Libertyville Savings Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 89 months (approximately 7 years). Loan sizes range from $10K to $200K, with an average loan size of $63K.
Do I need a business valuation for a Libertyville Savings Bank SBA loan?
Yes, Libertyville 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 Libertyville Savings Bank compare to other SBA lenders?
Libertyville Savings Bank has originated 19 SBA loans totaling $1.2M 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 Libertyville Savings Bank lend in?
Libertyville Savings Bank provides SBA 7(a) financing with particularly strong presence in IA. 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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