New Valley Bank & Trust
SBA 7(a) Lending Profile · FY 2024 analysis
Industry Focus
Top industries served by New Valley Bank & Trust
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 24 | $5.9M | $247K | 10.7% |
| 312120 | Breweries | 24 | $10.7M | $444K | 10.7% |
| 459910 | Other | 16 | $3.6M | $225K | 7.1% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 16 | $3.5M | $218K | 7.1% |
| 459999 | Other | 16 | $560K | $35K | 7.1% |
| 238160 | Roofing Contractors | 8 | $600K | $75K | 3.6% |
| 621610 | Home Health Care Services | 8 | $1.2M | $150K | 3.6% |
| 812310 | Coin-Operated Laundries and Drycleaners | 8 | $4.0M | $500K | 3.6% |
| 459991 | Other | 8 | $1.7M | $207K | 3.6% |
| 445320 | Other | 8 | $2.7M | $342K | 3.6% |
Geographic Distribution
SBA lending activity for New Valley Bank & Trust by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Massachusetts (MA) | 176 | $51.7M | 78.6% |
| Connecticut (CT) | 48 | $22.2M | 21.4% |
Why Choose New Valley Bank & Trust?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 224 SBA loans approved, totaling $74.0M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Breweries, Other
- ✓Competitive Terms: Average interest rate of 7.73% with flexible term lengths averaging 113 months
- ✓Loan Range: Loan sizes from $15K to $1.5M, with an average of $330K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in MA, CT
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 New Valley Bank & Trust SBA lending
What types of businesses does New Valley Bank & Trust typically finance?
New Valley Bank & Trust specializes in SBA 7(a) lending to specific industries including limited-service restaurants, breweries, other, snack and nonalcoholic beverage bars. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are New Valley Bank & Trust's typical SBA loan terms?
New Valley Bank & Trust's SBA 7(a) loans typically feature an average interest rate of 7.73% and average term length of 113 months (approximately 9 years). Loan sizes range from $15K to $1.5M, with an average loan size of $330K.
Do I need a business valuation for a New Valley Bank & Trust SBA loan?
Yes, New Valley Bank & Trust 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 New Valley Bank & Trust compare to other SBA lenders?
New Valley Bank & Trust has originated 224 SBA loans totaling $74.0M since 2020. 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 New Valley Bank & Trust lend in?
New Valley Bank & Trust provides SBA 7(a) financing with particularly strong presence in MA, CT. 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?
Professional valuations are often required for SBA loans over $250,000.
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