Main Street Bank Corp
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Main Street Bank Corp · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 485410 | School and Employee Bus Transportation | 5 | $878K | $176K | 4.4% |
| 236220 | Commercial and Institutional Building Construction | 4 | $448K | $112K | 3.5% |
| 621210 | Offices of Dentists | 4 | $1.7M | $430K | 3.5% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 4 | $325K | $81K | 3.5% |
| 562910 | Remediation Services | 4 | $653K | $163K | 3.5% |
| 484110 | General Freight Trucking, Local | 3 | $354K | $118K | 2.7% |
| 811111 | General Automotive Repair | 3 | $110K | $37K | 2.7% |
| 323111 | Commercial Printing (except Screen and Books) | 3 | $86K | $29K | 2.7% |
| 236115 | New Single-Family Housing Construction (except For-Sale Builders) | 2 | $300K | $150K | 1.8% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 2 | $240K | $120K | 1.8% |
Geographic Distribution
SBA lending activity for Main Street Bank Corp by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Ohio (OH) | 51 | $8.6M | 45.1% |
| West Virginia (WV) | 54 | $7.3M | 47.8% |
| Pennsylvania (PA) | 7 | $1.3M | 6.2% |
| New Mexico (NM) | 1 | $300K | 0.9% |
Why Choose Main Street Bank Corp?
Based on SBA 7(a) lending track record from 2002-2020
- ✓Proven Track Record: 113 SBA loans approved, totaling $17.4M in financing
- ✓Industry Expertise: Specialized focus on School and Employee Bus Transportation, Commercial and Institutional Building Construction, Offices of Dentists
- ✓Competitive Terms: Average interest rate of 5.38% with flexible term lengths averaging 101 months
- ✓Loan Range: Loan sizes from $12K to $900K, with an average of $154K
- ✓Nationwide Reach: Active lending in 4 states, with strong presence in WV, OH, PA
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 Street Bank Corp SBA lending
What types of businesses does Main Street Bank Corp typically finance?
Main Street Bank Corp specializes in SBA 7(a) lending to specific industries including school and employee bus transportation, commercial and institutional building construction, offices of dentists, offices of physicians (except mental health specialists). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Main Street Bank Corp's typical SBA loan terms?
Main Street Bank Corp's SBA 7(a) loans typically feature an average interest rate of 5.38% and average term length of 101 months (approximately 8 years). Loan sizes range from $12K to $900K, with an average loan size of $154K.
Do I need a business valuation for a Main Street Bank Corp SBA loan?
Yes, Main Street Bank Corp 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 Street Bank Corp compare to other SBA lenders?
Main Street Bank Corp has originated 113 SBA loans totaling $17.4M since 2002. 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 Street Bank Corp lend in?
Main Street Bank Corp provides SBA 7(a) financing with particularly strong presence in WV, OH, PA, 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?
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