Manufacturers Bank & Trust Company
SBA 7(a) Lending Profile · FY 2022 analysis
Industry Focus
Top industries served by Manufacturers Bank & Trust Company
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 711212 | Racetracks | 16 | $2.1M | $132K | 12.5% |
| 238990 | All Other Specialty Trade Contractors | 16 | $12.6M | $790K | 12.5% |
| 484121 | General Freight Trucking, Long Distance, Truckload | 16 | $1.7M | $107K | 12.5% |
| 812112 | Beauty Salons | 8 | $1.2M | $150K | 6.3% |
| 621310 | Offices of Chiropractors | 8 | $1.0M | $125K | 6.3% |
| 445291 | Baked Goods Stores | 8 | $360K | $45K | 6.3% |
| 713950 | Bowling Centers | 8 | $240K | $30K | 6.3% |
| 236115 | New Single-Family Housing Construction (except Operative Builders) | 8 | $5.1M | $639K | 6.3% |
| 112210 | Hog and Pig Farming | 8 | $920K | $115K | 6.3% |
| 423990 | Other Miscellaneous Durable Goods Merchant Wholesalers | 8 | $1.0M | $128K | 6.3% |
Geographic Distribution
SBA lending activity for Manufacturers Bank & Trust Company by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Minnesota (MN) | 128 | $32.2M | 100.0% |
Why Choose Manufacturers Bank & Trust Company?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 128 SBA loans approved, totaling $32.2M in financing
- ✓Industry Expertise: Specialized focus on Racetracks, All Other Specialty Trade Contractors, General Freight Trucking, Long Distance, Truckload
- ✓Competitive Terms: Average interest rate of 6.02% with flexible term lengths averaging 122 months
- ✓Loan Range: Loan sizes from $30K to $790K, with an average of $251K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MN
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 Manufacturers Bank & Trust Company SBA lending
What types of businesses does Manufacturers Bank & Trust Company typically finance?
Manufacturers Bank & Trust Company specializes in SBA 7(a) lending to specific industries including racetracks, all other specialty trade contractors, general freight trucking, long distance, truckload, beauty salons. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Manufacturers Bank & Trust Company's typical SBA loan terms?
Manufacturers Bank & Trust Company's SBA 7(a) loans typically feature an average interest rate of 6.02% and average term length of 122 months (approximately 10 years). Loan sizes range from $30K to $790K, with an average loan size of $251K.
Do I need a business valuation for a Manufacturers Bank & Trust Company SBA loan?
Yes, Manufacturers Bank & Trust Company 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 Manufacturers Bank & Trust Company compare to other SBA lenders?
Manufacturers Bank & Trust Company has originated 128 SBA loans totaling $32.2M 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 Manufacturers Bank & Trust Company lend in?
Manufacturers Bank & Trust Company provides SBA 7(a) financing with particularly strong presence in MN. 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.