Mound City Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Mound City Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621310 | Offices of Chiropractors | 2 | $294K | $147K | 18.2% |
| 424820 | Wine and Distilled Alcoholic Beverage Merchant Wholesalers | 1 | $150K | $150K | 9.1% |
| 621210 | Offices of Dentists | 1 | $200K | $200K | 9.1% |
| 541990 | All Other Professional, Scientific, and Technical Services | 1 | $135K | $135K | 9.1% |
| 722511 | Full-Service Restaurants | 1 | $801K | $801K | 9.1% |
| 325612 | Polish and Other Sanitation Good Manufacturing | 1 | $500K | $500K | 9.1% |
| 423310 | Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers | 1 | $50K | $50K | 9.1% |
| 541330 | Engineering Services | 1 | $150K | $150K | 9.1% |
Geographic Distribution
SBA lending activity for Mound City Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Wisconsin (WI) | 9 | $1.7M | 81.8% |
| Iowa (IA) | 1 | $500K | 9.1% |
| South Carolina (SC) | 1 | $135K | 9.1% |
Why Choose Mound City Bank?
Based on SBA 7(a) lending track record from 1997-2023
- ✓Proven Track Record: 11 SBA loans approved, totaling $2.3M in financing
- ✓Industry Expertise: Specialized focus on Offices of Chiropractors, Wine and Distilled Alcoholic Beverage Merchant Wholesalers, Offices of Dentists
- ✓Competitive Terms: Average interest rate of 5.92% with flexible term lengths averaging 99 months
- ✓Loan Range: Loan sizes from $16K to $801K, with an average of $210K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in WI, IA, SC
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 Mound City Bank SBA lending
What types of businesses does Mound City Bank typically finance?
Mound City Bank specializes in SBA 7(a) lending to specific industries including offices of chiropractors, wine and distilled alcoholic beverage merchant wholesalers, offices of dentists, all other professional, scientific, and technical services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Mound City Bank's typical SBA loan terms?
Mound City Bank's SBA 7(a) loans typically feature an average interest rate of 5.92% and average term length of 99 months (approximately 8 years). Loan sizes range from $16K to $801K, with an average loan size of $210K.
Do I need a business valuation for a Mound City Bank SBA loan?
Yes, Mound City 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 Mound City Bank compare to other SBA lenders?
Mound City Bank has originated 11 SBA loans totaling $2.3M since 1997. 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 Mound City Bank lend in?
Mound City Bank provides SBA 7(a) financing with particularly strong presence in WI, IA, 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.
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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