Merchants & Marine Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Merchants & Marine Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 56 | $24.0M | $428K | 8.8% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 48 | $20.6M | $429K | 7.5% |
| 621210 | Offices of Dentists | 32 | $9.9M | $308K | 5.0% |
| 445240 | Other | 32 | $5.4M | $168K | 5.0% |
| 722513 | Limited-Service Restaurants | 32 | $8.9M | $278K | 5.0% |
| 449210 | Other | 32 | $7.6M | $237K | 5.0% |
| 812990 | All Other Personal Services | 32 | $10.4M | $325K | 5.0% |
| 484121 | General Freight Trucking, Long Distance, Truckload | 16 | $5.1M | $320K | 2.5% |
| 423210 | Furniture Merchant Wholesalers | 16 | $3.0M | $188K | 2.5% |
| 532289 | Other | 16 | $2.3M | $142K | 2.5% |
Geographic Distribution
SBA lending activity for Merchants & Marine Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 168 | $90.1M | 26.3% |
| Mississippi (MS) | 128 | $47.2M | 20.0% |
| Tennessee (TN) | 48 | $35.1M | 7.5% |
| Florida (FL) | 88 | $30.8M | 13.8% |
| Louisiana (LA) | 8 | $24.3M | 1.3% |
| Alabama (AL) | 48 | $21.0M | 7.5% |
| Georgia (GA) | 80 | $20.8M | 12.5% |
| Illinois (IL) | 16 | $5.1M | 2.5% |
| Virginia (VA) | 8 | $4.8M | 1.3% |
| North Carolina (NC) | 16 | $4.4M | 2.5% |
| Pennsylvania (PA) | 16 | $3.5M | 2.5% |
| Indiana (IN) | 16 | $2.8M | 2.5% |
Why Choose Merchants & Marine Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 640 SBA loans approved, totaling $289.8M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Snack and Nonalcoholic Beverage Bars, Offices of Dentists
- ✓Competitive Terms: Average interest rate of 10.55% with flexible term lengths averaging 132 months
- ✓Loan Range: Loan sizes from $25K to $5.0M, with an average of $453K
- ✓Nationwide Reach: Active lending in 12 states, with strong presence in TX, MS, FL
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 Merchants & Marine Bank SBA lending
What types of businesses does Merchants & Marine Bank typically finance?
Merchants & Marine Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, snack and nonalcoholic beverage bars, offices of dentists, other. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Merchants & Marine Bank's typical SBA loan terms?
Merchants & Marine Bank's SBA 7(a) loans typically feature an average interest rate of 10.55% and average term length of 132 months (approximately 11 years). Loan sizes range from $25K to $5.0M, with an average loan size of $453K.
Do I need a business valuation for a Merchants & Marine Bank SBA loan?
Yes, Merchants & Marine 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 Merchants & Marine Bank compare to other SBA lenders?
Merchants & Marine Bank has originated 640 SBA loans totaling $289.8M 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 Merchants & Marine Bank lend in?
Merchants & Marine Bank provides SBA 7(a) financing with particularly strong presence in TX, MS, FL, GA, AL. 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.
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Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
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