Main Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Main Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 333994 | Industrial Process Furnace and Oven Manufacturing | 8 | $14.4M | $1.8M | 20.0% |
| 332911 | Industrial Valve Manufacturing | 8 | $40.0M | $5.0M | 20.0% |
| 722513 | Limited-Service Restaurants | 8 | $13.0M | $1.6M | 20.0% |
| 488410 | Motor Vehicle Towing | 8 | $1.4M | $180K | 20.0% |
| 541211 | Offices of Certified Public Accountants | 8 | $2.8M | $350K | 20.0% |
Geographic Distribution
SBA lending activity for Main Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| New Mexico (NM) | 40 | $71.6M | 100.0% |
Why Choose Main Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 40 SBA loans approved, totaling $71.6M in financing
- ✓Industry Expertise: Specialized focus on Industrial Process Furnace and Oven Manufacturing, Industrial Valve Manufacturing, Limited-Service Restaurants
- ✓Competitive Terms: Average interest rate of 7.10% with flexible term lengths averaging 121 months
- ✓Loan Range: Loan sizes from $180K to $5.0M, with an average of $1.8M
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in NM
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 Main Bank SBA lending
What types of businesses does Main Bank typically finance?
Main Bank specializes in SBA 7(a) lending to specific industries including industrial process furnace and oven manufacturing, industrial valve manufacturing, limited-service restaurants, motor vehicle towing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Main Bank's typical SBA loan terms?
Main Bank's SBA 7(a) loans typically feature an average interest rate of 7.10% and average term length of 121 months (approximately 10 years). Loan sizes range from $180K to $5.0M, with an average loan size of $1.8M.
Do I need a business valuation for a Main Bank SBA loan?
Yes, Main 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 Main Bank compare to other SBA lenders?
Main Bank has originated 40 SBA loans totaling $71.6M 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 Main Bank lend in?
Main Bank provides SBA 7(a) financing with particularly strong presence in NM. 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.
Get your certified valuation from Fair Market Value.