Metro Bank of Dade County
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Metro Bank of Dade County · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 2 | $69K | $34K | 3.9% |
| 624410 | Child Care Services | 2 | $76K | $38K | 3.9% |
| 621210 | Offices of Dentists | 2 | $250K | $125K | 3.9% |
| 541940 | Veterinary Services | 2 | $400K | $200K | 3.9% |
| 524210 | Insurance Agencies and Brokerages | 2 | $150K | $75K | 3.9% |
| 621310 | Offices of Chiropractors | 2 | $216K | $108K | 3.9% |
| 541512 | Computer Systems Design Services | 1 | $35K | $35K | 2.0% |
| 722310 | Food Service Contractors | 1 | $125K | $125K | 2.0% |
| 482111 | Line-Haul Railroads | 1 | $100K | $100K | 2.0% |
| 541110 | Offices of Lawyers | 1 | $50K | $50K | 2.0% |
Geographic Distribution
SBA lending activity for Metro Bank of Dade County by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Florida (FL) | 50 | $6.5M | 98.0% |
| New York (NY) | 1 | $150K | 2.0% |
Why Choose Metro Bank of Dade County?
Based on SBA 7(a) lending track record from 1995-2004
- ✓Proven Track Record: 51 SBA loans approved, totaling $6.7M in financing
- ✓Industry Expertise: Specialized focus on Automotive Body, Paint, and Interior Repair and Maintenance, Child Care Services, Offices of Dentists
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 96 months
- ✓Loan Range: Loan sizes from $20K to $525K, with an average of $131K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in FL, NY
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 of Dade County SBA lending
What types of businesses does Metro Bank of Dade County typically finance?
Metro Bank of Dade County specializes in SBA 7(a) lending to specific industries including automotive body, paint, and interior repair and maintenance, child care services, offices of dentists, veterinary services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Metro Bank of Dade County's typical SBA loan terms?
Metro Bank of Dade County's SBA 7(a) loans typically feature an average interest rate of — and average term length of 96 months (approximately 8 years). Loan sizes range from $20K to $525K, with an average loan size of $131K.
Do I need a business valuation for a Metro Bank of Dade County SBA loan?
Yes, Metro Bank of Dade County 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 of Dade County compare to other SBA lenders?
Metro Bank of Dade County has originated 51 SBA loans totaling $6.7M since 1995. 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 of Dade County lend in?
Metro Bank of Dade County provides SBA 7(a) financing with particularly strong presence in FL, NY. 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.