MainStreet Lender 7(a), LLC
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by MainStreet Lender 7(a), LLC · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621111 | Offices of Physicians (except Mental Health Specialists) | 4 | $1.8M | $442K | 8.9% |
| 541213 | Tax Preparation Services | 4 | $2.6M | $661K | 8.9% |
| 622110 | General Medical and Surgical Hospitals | 2 | $1.3M | $650K | 4.4% |
| 621320 | Offices of Optometrists | 2 | $666K | $333K | 4.4% |
| 624410 | Child Care Services | 2 | $566K | $283K | 4.4% |
| 337122 | Nonupholstered Wood Household Furniture Manufacturing | 1 | $1.8M | $1.8M | 2.2% |
| 811111 | General Automotive Repair | 1 | $1.6M | $1.6M | 2.2% |
| 711211 | Sports Teams and Clubs | 1 | $150K | $150K | 2.2% |
| 238110 | Poured Concrete Foundation and Structure Contractors | 1 | $340K | $340K | 2.2% |
| 441120 | Used Car Dealers | 1 | $959K | $959K | 2.2% |
Geographic Distribution
SBA lending activity for MainStreet Lender 7(a), LLC by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 12 | $12.8M | 26.7% |
| Arizona (AZ) | 9 | $3.6M | 20.0% |
| Illinois (IL) | 2 | $2.4M | 4.4% |
| Georgia (GA) | 2 | $2.2M | 4.4% |
| Louisiana (LA) | 2 | $2.0M | 4.4% |
| Kansas (KS) | 1 | $2.0M | 2.2% |
| Florida (FL) | 3 | $2.0M | 6.7% |
| North Carolina (NC) | 1 | $1.8M | 2.2% |
| Michigan (MI) | 3 | $1.7M | 6.7% |
| Oregon (OR) | 1 | $1.5M | 2.2% |
| Virginia (VA) | 3 | $1.3M | 6.7% |
| Minnesota (MN) | 1 | $870K | 2.2% |
| New Jersey (NJ) | 1 | $850K | 2.2% |
| Tennessee (TN) | 2 | $790K | 4.4% |
| Ohio (OH) | 1 | $492K | 2.2% |
| Arkansas (AR) | 1 | $330K | 2.2% |
Why Choose MainStreet Lender 7(a), LLC?
Based on SBA 7(a) lending track record from 2006-2010
- ✓Proven Track Record: 45 SBA loans approved, totaling $36.6M in financing
- ✓Industry Expertise: Specialized focus on Offices of Physicians (except Mental Health Specialists), Tax Preparation Services, General Medical and Surgical Hospitals
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 281 months
- ✓Loan Range: Loan sizes from $30K to $2.0M, with an average of $814K
- ✓Nationwide Reach: Active lending in 16 states, with strong presence in TX, AZ, MI
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 MainStreet Lender 7(a), LLC SBA lending
What types of businesses does MainStreet Lender 7(a), LLC typically finance?
MainStreet Lender 7(a), LLC specializes in SBA 7(a) lending to specific industries including offices of physicians (except mental health specialists), tax preparation services, general medical and surgical hospitals, offices of optometrists. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are MainStreet Lender 7(a), LLC's typical SBA loan terms?
MainStreet Lender 7(a), LLC's SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 281 months (approximately 23 years). Loan sizes range from $30K to $2.0M, with an average loan size of $814K.
Do I need a business valuation for a MainStreet Lender 7(a), LLC SBA loan?
Yes, MainStreet Lender 7(a), LLC 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 MainStreet Lender 7(a), LLC compare to other SBA lenders?
MainStreet Lender 7(a), LLC has originated 45 SBA loans totaling $36.6M since 2006. 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 MainStreet Lender 7(a), LLC lend in?
MainStreet Lender 7(a), LLC provides SBA 7(a) financing with particularly strong presence in TX, AZ, MI, VA, FL. 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.
Get your certified valuation from Fair Market Value.