Main Street Bank Corp
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Main Street Bank Corp
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722515 | Snack and Nonalcoholic Beverage Bars | 16 | $1.9M | $120K | 66.7% |
| 423920 | Toy and Hobby Goods and Supplies Merchant Wholesalers | 8 | $280K | $35K | 33.3% |
Geographic Distribution
SBA lending activity for Main Street Bank Corp by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Ohio (OH) | 24 | $2.2M | 100.0% |
Why Choose Main Street Bank Corp?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 24 SBA loans approved, totaling $2.2M in financing
- ✓Industry Expertise: Specialized focus on Snack and Nonalcoholic Beverage Bars, Toy and Hobby Goods and Supplies Merchant Wholesalers
- ✓Competitive Terms: Average interest rate of 5.67% with flexible term lengths averaging 128 months
- ✓Loan Range: Loan sizes from $35K to $164K, with an average of $92K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in OH
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 snack and nonalcoholic beverage bars, toy and hobby goods and supplies merchant wholesalers. 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 5.67% and average term length of 128 months (approximately 11 years). Loan sizes range from $35K to $164K, with an average loan size of $92K.
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 24 SBA loans totaling $2.2M 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 Street Bank Corp lend in?
Main Street Bank Corp provides SBA 7(a) financing with particularly strong presence in OH. 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.
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