Milestone Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Milestone Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 17 | $14.3M | $844K | 12.9% |
| 722511 | Full-Service Restaurants | 13 | $18.5M | $1.4M | 9.8% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 11 | $9.7M | $883K | 8.3% |
| 621493 | Freestanding Ambulatory Surgical and Emergency Centers | 10 | $5.6M | $557K | 7.6% |
| 713940 | Fitness and Recreational Sports Centers | 7 | $4.7M | $673K | 5.3% |
| 624410 | Child Care Services | 4 | $5.9M | $1.5M | 3.0% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 3 | $5.2M | $1.7M | 2.3% |
| 811191 | Automotive Oil Change and Lubrication Shops | 3 | $3.7M | $1.2M | 2.3% |
| 541611 | Administrative Management and General Management Consulting Services | 3 | $4.6M | $1.5M | 2.3% |
| 811192 | Car Washes | 3 | $11.5M | $3.8M | 2.3% |
Geographic Distribution
SBA lending activity for Milestone Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 19 | $33.7M | 14.4% |
| Florida (FL) | 26 | $26.0M | 19.7% |
| Colorado (CO) | 11 | $22.6M | 8.3% |
| South Carolina (SC) | 8 | $9.2M | 6.1% |
| Nevada (NV) | 6 | $8.8M | 4.5% |
| Tennessee (TN) | 3 | $6.6M | 2.3% |
| Washington (WA) | 3 | $5.7M | 2.3% |
| New Jersey (NJ) | 8 | $4.7M | 6.1% |
| Maryland (MD) | 2 | $4.3M | 1.5% |
| Georgia (GA) | 3 | $4.2M | 2.3% |
| Michigan (MI) | 6 | $3.6M | 4.5% |
| California (CA) | 3 | $3.3M | 2.3% |
| Illinois (IL) | 3 | $3.0M | 2.3% |
| Massachusetts (MA) | 4 | $2.9M | 3.0% |
| Kentucky (KY) | 2 | $2.4M | 1.5% |
| New Hampshire (NH) | 2 | $2.3M | 1.5% |
| Arizona (AZ) | 3 | $1.8M | 2.3% |
| Arkansas (AR) | 1 | $1.8M | 0.8% |
| Alabama (AL) | 1 | $1.6M | 0.8% |
| New York (NY) | 2 | $1.4M | 1.5% |
| Kansas (KS) | 2 | $1.1M | 1.5% |
| Vermont (VT) | 1 | $1.0M | 0.8% |
| Idaho (ID) | 2 | $930K | 1.5% |
| Virginia (VA) | 2 | $810K | 1.5% |
| Hawaii (HI) | 1 | $500K | 0.8% |
| Ohio (OH) | 1 | $500K | 0.8% |
| North Dakota (ND) | 1 | $462K | 0.8% |
| Montana (MT) | 1 | $430K | 0.8% |
| Connecticut (CT) | 1 | $400K | 0.8% |
| Missouri (MO) | 1 | $350K | 0.8% |
| Indiana (IN) | 1 | $313K | 0.8% |
| South Dakota (SD) | 1 | $185K | 0.8% |
| Nebraska (NE) | 1 | $120K | 0.8% |
Why Choose Milestone Bank?
Based on SBA 7(a) lending track record from 2010-2025
- ✓Proven Track Record: 132 SBA loans approved, totaling $157.1M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Full-Service Restaurants, Snack and Nonalcoholic Beverage Bars
- ✓Competitive Terms: Average interest rate of 9.20% with flexible term lengths averaging 146 months
- ✓Loan Range: Loan sizes from $75K to $5.0M, with an average of $1.2M
- ✓Nationwide Reach: Active lending in 33 states, with strong presence in FL, TX, CO
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 Milestone Bank SBA lending
What types of businesses does Milestone Bank typically finance?
Milestone Bank specializes in SBA 7(a) lending to specific industries including limited-service restaurants, full-service restaurants, snack and nonalcoholic beverage bars, freestanding ambulatory surgical and emergency centers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Milestone Bank's typical SBA loan terms?
Milestone Bank's SBA 7(a) loans typically feature an average interest rate of 9.20% and average term length of 146 months (approximately 12 years). Loan sizes range from $75K to $5.0M, with an average loan size of $1.2M.
Do I need a business valuation for a Milestone Bank SBA loan?
Yes, Milestone 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 Milestone Bank compare to other SBA lenders?
Milestone Bank has originated 132 SBA loans totaling $157.1M since 2010. 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 Milestone Bank lend in?
Milestone Bank provides SBA 7(a) financing with particularly strong presence in FL, TX, CO, NJ, SC. 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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