Marion County State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Marion County State Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 541940 | Veterinary Services | 2 | $531K | $266K | 4.7% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 2 | $90K | $45K | 4.7% |
| 722410 | Drinking Places (Alcoholic Beverages) | 1 | $60K | $60K | 2.3% |
| 332999 | All Other Miscellaneous Fabricated Metal Product Manufacturing | 1 | $45K | $45K | 2.3% |
| 336212 | Truck Trailer Manufacturing | 1 | $520K | $520K | 2.3% |
| 111998 | All Other Miscellaneous Crop Farming | 1 | $150K | $150K | 2.3% |
| 312120 | Breweries | 1 | $500K | $500K | 2.3% |
| 713950 | Bowling Centers | 1 | $19K | $19K | 2.3% |
| 722511 | Full-Service Restaurants | 1 | $72K | $72K | 2.3% |
| 711310 | Promoters of Performing Arts, Sports, and Similar Events with Facilities | 1 | $98K | $98K | 2.3% |
Geographic Distribution
SBA lending activity for Marion County State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Iowa (IA) | 43 | $4.8M | 100.0% |
Why Choose Marion County State Bank?
Based on SBA 7(a) lending track record from 1991-2018
- ✓Proven Track Record: 43 SBA loans approved, totaling $4.8M in financing
- ✓Industry Expertise: Specialized focus on Veterinary Services, Automotive Body, Paint, and Interior Repair and Maintenance, Drinking Places (Alcoholic Beverages)
- ✓Competitive Terms: Average interest rate of 6.12% with flexible term lengths averaging 97 months
- ✓Loan Range: Loan sizes from $10K to $520K, with an average of $112K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in IA
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 Marion County State Bank SBA lending
What types of businesses does Marion County State Bank typically finance?
Marion County State Bank specializes in SBA 7(a) lending to specific industries including veterinary services, automotive body, paint, and interior repair and maintenance, drinking places (alcoholic beverages), all other miscellaneous fabricated metal product manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Marion County State Bank's typical SBA loan terms?
Marion County State Bank's SBA 7(a) loans typically feature an average interest rate of 6.12% and average term length of 97 months (approximately 8 years). Loan sizes range from $10K to $520K, with an average loan size of $112K.
Do I need a business valuation for a Marion County State Bank SBA loan?
Yes, Marion County State 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 Marion County State Bank compare to other SBA lenders?
Marion County State Bank has originated 43 SBA loans totaling $4.8M since 1991. 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 Marion County State Bank lend in?
Marion County State Bank provides SBA 7(a) financing with particularly strong presence in IA. 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.
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