Marion State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Marion State Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 561910 | Packaging and Labeling Services | 1 | $296K | $296K | 50.0% |
| 441222 | Boat Dealers | 1 | $240K | $240K | 50.0% |
Geographic Distribution
SBA lending activity for Marion State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Louisiana (LA) | 2 | $536K | 100.0% |
Why Choose Marion State Bank?
Based on SBA 7(a) lending track record from 2008-2012
- ✓Proven Track Record: 2 SBA loans approved, totaling $536K in financing
- ✓Industry Expertise: Specialized focus on Packaging and Labeling Services, Boat Dealers
- ✓Competitive Terms: Average interest rate of 6.99% with flexible term lengths averaging 141 months
- ✓Loan Range: Loan sizes from $240K to $296K, with an average of $268K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in LA
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 State Bank SBA lending
What types of businesses does Marion State Bank typically finance?
Marion State Bank specializes in SBA 7(a) lending to specific industries including packaging and labeling services, boat dealers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Marion State Bank's typical SBA loan terms?
Marion State Bank's SBA 7(a) loans typically feature an average interest rate of 6.99% and average term length of 141 months (approximately 12 years). Loan sizes range from $240K to $296K, with an average loan size of $268K.
Do I need a business valuation for a Marion State Bank SBA loan?
Yes, Marion 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 State Bank compare to other SBA lenders?
Marion State Bank has originated 2 SBA loans totaling $536K since 2008. 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 State Bank lend in?
Marion State Bank provides SBA 7(a) financing with particularly strong presence in LA. 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.