McCurtain County National Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by McCurtain County National Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 812210 | Funeral Homes and Funeral Services | 2 | $358K | $179K | 40.0% |
| 722410 | Drinking Places (Alcoholic Beverages) | 1 | $20K | $20K | 20.0% |
Geographic Distribution
SBA lending activity for McCurtain County National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Oklahoma (OK) | 5 | $430K | 100.0% |
Why Choose McCurtain County National Bank?
Based on SBA 7(a) lending track record from 2001-2007
- ✓Proven Track Record: 5 SBA loans approved, totaling $430K in financing
- ✓Industry Expertise: Specialized focus on Funeral Homes and Funeral Services, Drinking Places (Alcoholic Beverages)
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 59 months
- ✓Loan Range: Loan sizes from $20K to $258K, with an average of $86K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in OK
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 McCurtain County National Bank SBA lending
What types of businesses does McCurtain County National Bank typically finance?
McCurtain County National Bank specializes in SBA 7(a) lending to specific industries including funeral homes and funeral services, drinking places (alcoholic beverages). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are McCurtain County National Bank's typical SBA loan terms?
McCurtain County National Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 59 months (approximately 5 years). Loan sizes range from $20K to $258K, with an average loan size of $86K.
Do I need a business valuation for a McCurtain County National Bank SBA loan?
Yes, McCurtain County National 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 McCurtain County National Bank compare to other SBA lenders?
McCurtain County National Bank has originated 5 SBA loans totaling $430K since 2001. 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 McCurtain County National Bank lend in?
McCurtain County National Bank provides SBA 7(a) financing with particularly strong presence in OK. 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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