Metro Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Metro Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 1 | $40K | $40K | 11.1% |
Geographic Distribution
SBA lending activity for Metro Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Alabama (AL) | 3 | $1.8M | 33.3% |
| Georgia (GA) | 4 | $1.6M | 44.4% |
| Pennsylvania (PA) | 2 | $190K | 22.2% |
Why Choose Metro Bank?
Based on SBA 7(a) lending track record from 1994-2001
- ✓Proven Track Record: 9 SBA loans approved, totaling $3.6M in financing
- ✓Industry Expertise: Specialized focus on Automotive Body, Paint, and Interior Repair and Maintenance
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 173 months
- ✓Loan Range: Loan sizes from $30K to $1.7M, with an average of $401K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in GA, AL, PA
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 Metro Bank SBA lending
What types of businesses does Metro Bank typically finance?
Metro Bank specializes in SBA 7(a) lending to specific industries including automotive body, paint, and interior repair and maintenance. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Metro Bank's typical SBA loan terms?
Metro Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 173 months (approximately 14 years). Loan sizes range from $30K to $1.7M, with an average loan size of $401K.
Do I need a business valuation for a Metro Bank SBA loan?
Yes, Metro 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 Metro Bank compare to other SBA lenders?
Metro Bank has originated 9 SBA loans totaling $3.6M since 1994. 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 Metro Bank lend in?
Metro Bank provides SBA 7(a) financing with particularly strong presence in GA, AL, PA. 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.