Loans from Old Closed Lenders
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Loans from Old Closed Lenders
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 624410 | Child Care Services | 118 | $65.0M | $551K | 2.9% |
| 811111 | General Automotive Repair | 88 | $33.7M | $383K | 2.2% |
| 811192 | Car Washes | 80 | $50.9M | $636K | 2.0% |
| 621210 | Offices of Dentists | 78 | $22.1M | $283K | 1.9% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 68 | $36.8M | $541K | 1.7% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 44 | $20.9M | $476K | 1.1% |
| 721110 | Hotels (except Casino Hotels) and Motels | 41 | $39.7M | $967K | 1.0% |
| 541940 | Veterinary Services | 31 | $10.9M | $353K | 0.8% |
| 541110 | Offices of Lawyers | 26 | $10.1M | $390K | 0.6% |
| 812310 | Coin-Operated Laundries and Drycleaners | 22 | $8.3M | $377K | 0.5% |
Geographic Distribution
SBA lending activity for Loans from Old Closed Lenders by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 1,189 | $605.7M | 29.5% |
| California (CA) | 1,348 | $577.0M | 33.4% |
| Georgia (GA) | 414 | $198.1M | 10.3% |
| Florida (FL) | 226 | $123.8M | 5.6% |
| Colorado (CO) | 141 | $62.9M | 3.5% |
| Illinois (IL) | 110 | $62.6M | 2.7% |
| Arizona (AZ) | 118 | $59.3M | 2.9% |
| Washington (WA) | 45 | $29.5M | 1.1% |
| Virginia (VA) | 36 | $19.0M | 0.9% |
| Michigan (MI) | 22 | $18.0M | 0.5% |
| Oregon (OR) | 21 | $15.6M | 0.5% |
| Maryland (MD) | 23 | $12.2M | 0.6% |
| Missouri (MO) | 29 | $10.6M | 0.7% |
| Kansas (KS) | 24 | $10.1M | 0.6% |
| PR (PR) | 69 | $9.2M | 1.7% |
| Ohio (OH) | 11 | $8.1M | 0.3% |
| New York (NY) | 9 | $7.4M | 0.2% |
| North Carolina (NC) | 12 | $7.3M | 0.3% |
| Pennsylvania (PA) | 12 | $7.2M | 0.3% |
| Tennessee (TN) | 11 | $6.9M | 0.3% |
| New Jersey (NJ) | 13 | $6.8M | 0.3% |
| Nevada (NV) | 20 | $6.4M | 0.5% |
| South Carolina (SC) | 10 | $5.2M | 0.2% |
| New Mexico (NM) | 4 | $4.0M | 0.1% |
| Idaho (ID) | 9 | $3.6M | 0.2% |
| Montana (MT) | 8 | $3.6M | 0.2% |
| Mississippi (MS) | 6 | $3.6M | 0.1% |
| Alabama (AL) | 9 | $3.5M | 0.2% |
| West Virginia (WV) | 2 | $2.8M | 0.0% |
| Oklahoma (OK) | 7 | $2.7M | 0.2% |
| Louisiana (LA) | 3 | $2.6M | 0.1% |
| Indiana (IN) | 9 | $2.6M | 0.2% |
| Kentucky (KY) | 7 | $2.5M | 0.2% |
| Arkansas (AR) | 5 | $2.4M | 0.1% |
| Nebraska (NE) | 2 | $2.3M | 0.0% |
| Wisconsin (WI) | 14 | $1.7M | 0.3% |
| Delaware (DE) | 11 | $1.6M | 0.3% |
| Connecticut (CT) | 3 | $1.2M | 0.1% |
| Rhode Island (RI) | 5 | $1.2M | 0.1% |
| Wyoming (WY) | 2 | $1.1M | 0.0% |
| Alaska (AK) | 4 | $1.0M | 0.1% |
| Iowa (IA) | 2 | $750K | 0.0% |
| Maine (ME) | 1 | $720K | 0.0% |
| Massachusetts (MA) | 6 | $700K | 0.1% |
| District of Columbia (DC) | 2 | $465K | 0.0% |
| Utah (UT) | 1 | $444K | 0.0% |
| Minnesota (MN) | 1 | $350K | 0.0% |
Why Choose Loans from Old Closed Lenders?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 4,036 SBA loans approved, totaling $1.92B in financing
- ✓Industry Expertise: Specialized focus on Child Care Services, General Automotive Repair, Car Washes
- ✓Competitive Terms: Average interest rate of N/A with flexible term lengths averaging 210 months
- ✓Loan Range: Loan sizes from $13K to $2.5M, with an average of $475K
- ✓Nationwide Reach: Active lending in 47 states, with strong presence in CA, TX, GA
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 Loans from Old Closed Lenders SBA lending
What types of businesses does Loans from Old Closed Lenders typically finance?
Loans from Old Closed Lenders specializes in SBA 7(a) lending to specific industries including child care services, general automotive repair, car washes, offices of dentists. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Loans from Old Closed Lenders's typical SBA loan terms?
Loans from Old Closed Lenders's SBA 7(a) loans typically feature an average interest rate of N/A and average term length of 210 months (approximately 18 years). Loan sizes range from $13K to $2.5M, with an average loan size of $475K.
Do I need a business valuation for a Loans from Old Closed Lenders SBA loan?
Yes, Loans from Old Closed Lenders 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 Loans from Old Closed Lenders compare to other SBA lenders?
Loans from Old Closed Lenders has originated 4,036 SBA loans totaling $1.92B 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 Loans from Old Closed Lenders lend in?
Loans from Old Closed Lenders provides SBA 7(a) financing with particularly strong presence in CA, TX, GA, FL, CO. 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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