Milton National Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Milton National Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 624410 | Child Care Services | 15 | $13.5M | $899K | 8.7% |
| 811111 | General Automotive Repair | 5 | $940K | $188K | 2.9% |
| 713940 | Fitness and Recreational Sports Centers | 3 | $1.5M | $510K | 1.7% |
| 541511 | Custom Computer Programming Services | 3 | $402K | $134K | 1.7% |
| 621210 | Offices of Dentists | 2 | $315K | $158K | 1.2% |
| 541430 | Graphic Design Services | 2 | $130K | $65K | 1.2% |
| 541940 | Veterinary Services | 2 | $956K | $478K | 1.2% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 2 | $1.1M | $538K | 1.2% |
| 532420 | Office Machinery and Equipment Rental and Leasing | 1 | $700K | $700K | 0.6% |
| 561621 | Security Systems Services (except Locksmiths) | 1 | $150K | $150K | 0.6% |
Geographic Distribution
SBA lending activity for Milton National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Georgia (GA) | 172 | $80.6M | 99.4% |
| Florida (FL) | 1 | $300K | 0.6% |
Why Choose Milton National Bank?
Based on SBA 7(a) lending track record from 1993-1999
- ✓Proven Track Record: 173 SBA loans approved, totaling $80.9M in financing
- ✓Industry Expertise: Specialized focus on Child Care Services, General Automotive Repair, Fitness and Recreational Sports Centers
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 187 months
- ✓Loan Range: Loan sizes from $23K to $1.9M, with an average of $467K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in GA, 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 Milton National Bank SBA lending
What types of businesses does Milton National Bank typically finance?
Milton National Bank specializes in SBA 7(a) lending to specific industries including child care services, general automotive repair, fitness and recreational sports centers, custom computer programming services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Milton National Bank's typical SBA loan terms?
Milton National Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 187 months (approximately 16 years). Loan sizes range from $23K to $1.9M, with an average loan size of $467K.
Do I need a business valuation for a Milton National Bank SBA loan?
Yes, Milton 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 Milton National Bank compare to other SBA lenders?
Milton National Bank has originated 173 SBA loans totaling $80.9M since 1993. 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 Milton National Bank lend in?
Milton National Bank provides SBA 7(a) financing with particularly strong presence in GA, FL. 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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