North Louisiana BIDCO, LLC
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by North Louisiana BIDCO, LLC · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 713990 | All Other Amusement and Recreation Industries | 7 | $2.3M | $325K | 8.4% |
| 624410 | Child Care Services | 4 | $1.1M | $265K | 4.8% |
| 812210 | Funeral Homes and Funeral Services | 2 | $1.4M | $713K | 2.4% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 2 | $950K | $475K | 2.4% |
| 321219 | Reconstituted Wood Product Manufacturing | 2 | $1.0M | $513K | 2.4% |
| 441110 | New Car Dealers | 2 | $1.7M | $868K | 2.4% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 2 | $260K | $130K | 2.4% |
| 332510 | Hardware Manufacturing | 2 | $400K | $200K | 2.4% |
| 532210 | Consumer Electronics and Appliances Rental | 2 | $800K | $400K | 2.4% |
| 423850 | Service Establishment Equipment and Supplies Merchant Wholesalers | 1 | $800K | $800K | 1.2% |
Geographic Distribution
SBA lending activity for North Louisiana BIDCO, LLC by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Louisiana (LA) | 82 | $37.1M | 98.8% |
| New York (NY) | 1 | $600K | 1.2% |
Why Choose North Louisiana BIDCO, LLC?
Based on SBA 7(a) lending track record from 2000-2010
- ✓Proven Track Record: 83 SBA loans approved, totaling $37.7M in financing
- ✓Industry Expertise: Specialized focus on All Other Amusement and Recreation Industries, Child Care Services, Funeral Homes and Funeral Services
- ✓Competitive Terms: Average interest rate of 6.04% with flexible term lengths averaging 98 months
- ✓Loan Range: Loan sizes from $20K to $1.5M, with an average of $455K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in LA, 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 North Louisiana BIDCO, LLC SBA lending
What types of businesses does North Louisiana BIDCO, LLC typically finance?
North Louisiana BIDCO, LLC specializes in SBA 7(a) lending to specific industries including all other amusement and recreation industries, child care services, funeral homes and funeral services, plumbing, heating, and air-conditioning contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are North Louisiana BIDCO, LLC's typical SBA loan terms?
North Louisiana BIDCO, LLC's SBA 7(a) loans typically feature an average interest rate of 6.04% and average term length of 98 months (approximately 8 years). Loan sizes range from $20K to $1.5M, with an average loan size of $455K.
Do I need a business valuation for a North Louisiana BIDCO, LLC SBA loan?
Yes, North Louisiana BIDCO, LLC 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 North Louisiana BIDCO, LLC compare to other SBA lenders?
North Louisiana BIDCO, LLC has originated 83 SBA loans totaling $37.7M since 2000. 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 North Louisiana BIDCO, LLC lend in?
North Louisiana BIDCO, LLC provides SBA 7(a) financing with particularly strong presence in LA, 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.
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