Lincoln Savings Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Lincoln Savings Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 144 | $78.7M | $546K | 8.4% |
| 722513 | Limited-Service Restaurants | 88 | $56.8M | $645K | 5.1% |
| 621310 | Offices of Chiropractors | 80 | $9.0M | $112K | 4.7% |
| 713940 | Fitness and Recreational Sports Centers | 72 | $26.5M | $368K | 4.2% |
| 561730 | Landscaping Services | 56 | $19.8M | $353K | 3.3% |
| 713990 | All Other Amusement and Recreation Industries | 48 | $28.8M | $601K | 2.8% |
| 236118 | Residential Remodelers | 48 | $14.7M | $305K | 2.8% |
| 812910 | Pet Care (except Veterinary) Services | 40 | $24.4M | $609K | 2.3% |
| 812199 | Other Personal Care Services | 32 | $10.0M | $313K | 1.9% |
| 484121 | General Freight Trucking, Long Distance, Truckload | 24 | $11.3M | $469K | 1.4% |
Geographic Distribution
SBA lending activity for Lincoln Savings Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Iowa (IA) | 1,144 | $571.7M | 66.8% |
| Illinois (IL) | 40 | $74.2M | 2.3% |
| Texas (TX) | 144 | $70.2M | 8.4% |
| Minnesota (MN) | 40 | $49.2M | 2.3% |
| Kansas (KS) | 56 | $44.3M | 3.3% |
| Indiana (IN) | 16 | $40.0M | 0.9% |
| Missouri (MO) | 32 | $29.1M | 1.9% |
| Colorado (CO) | 16 | $24.7M | 0.9% |
| Maine (ME) | 8 | $23.0M | 0.5% |
| Tennessee (TN) | 16 | $20.8M | 0.9% |
| Georgia (GA) | 32 | $14.8M | 1.9% |
| California (CA) | 24 | $13.8M | 1.4% |
| Nevada (NV) | 16 | $13.3M | 0.9% |
| South Carolina (SC) | 16 | $13.2M | 0.9% |
| North Carolina (NC) | 8 | $12.5M | 0.5% |
| Wisconsin (WI) | 16 | $7.7M | 0.9% |
| Kentucky (KY) | 16 | $6.0M | 0.9% |
| Arizona (AZ) | 16 | $5.5M | 0.9% |
| Arkansas (AR) | 8 | $4.8M | 0.5% |
| Idaho (ID) | 8 | $4.7M | 0.5% |
| Wyoming (WY) | 16 | $4.4M | 0.9% |
| Ohio (OH) | 8 | $4.4M | 0.5% |
| Oregon (OR) | 8 | $2.8M | 0.5% |
| Oklahoma (OK) | 8 | $1.4M | 0.5% |
Why Choose Lincoln Savings Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 1,712 SBA loans approved, totaling $1.06B in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Limited-Service Restaurants, Offices of Chiropractors
- ✓Competitive Terms: Average interest rate of 7.69% with flexible term lengths averaging 138 months
- ✓Loan Range: Loan sizes from $25K to $4.7M, with an average of $617K
- ✓Nationwide Reach: Active lending in 24 states, with strong presence in IA, TX, KS
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 Lincoln Savings Bank SBA lending
What types of businesses does Lincoln Savings Bank typically finance?
Lincoln Savings Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, limited-service restaurants, offices of chiropractors, fitness and recreational sports centers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Lincoln Savings Bank's typical SBA loan terms?
Lincoln Savings Bank's SBA 7(a) loans typically feature an average interest rate of 7.69% and average term length of 138 months (approximately 12 years). Loan sizes range from $25K to $4.7M, with an average loan size of $617K.
Do I need a business valuation for a Lincoln Savings Bank SBA loan?
Yes, Lincoln 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 Lincoln Savings Bank compare to other SBA lenders?
Lincoln Savings Bank has originated 1,712 SBA loans totaling $1.06B 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 Lincoln Savings Bank lend in?
Lincoln Savings Bank provides SBA 7(a) financing with particularly strong presence in IA, TX, KS, IL, MN. 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.
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Professional valuations are often required for SBA loans over $250,000.
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