NSB Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by NSB Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811111 | General Automotive Repair | 5 | $424K | $85K | 3.1% |
| 115210 | Support Activities for Animal Production | 5 | $2.6M | $515K | 3.1% |
| 713940 | Fitness and Recreational Sports Centers | 5 | $408K | $82K | 3.1% |
| 561730 | Landscaping Services | 3 | $375K | $125K | 1.9% |
| 524210 | Insurance Agencies and Brokerages | 3 | $415K | $138K | 1.9% |
| 621310 | Offices of Chiropractors | 3 | $413K | $138K | 1.9% |
| 621210 | Offices of Dentists | 3 | $320K | $107K | 1.9% |
| 811192 | Car Washes | 3 | $1.8M | $588K | 1.9% |
| 238990 | All Other Specialty Trade Contractors | 3 | $281K | $94K | 1.9% |
| 562119 | Other Waste Collection | 2 | $334K | $167K | 1.2% |
Geographic Distribution
SBA lending activity for NSB Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Iowa (IA) | 160 | $45.6M | 98.8% |
| Minnesota (MN) | 1 | $575K | 0.6% |
| Wisconsin (WI) | 1 | $195K | 0.6% |
Why Choose NSB Bank?
Based on SBA 7(a) lending track record from 1991-2022
- ✓Proven Track Record: 162 SBA loans approved, totaling $46.4M in financing
- ✓Industry Expertise: Specialized focus on General Automotive Repair, Support Activities for Animal Production, Fitness and Recreational Sports Centers
- ✓Competitive Terms: Average interest rate of 5.44% with flexible term lengths averaging 115 months
- ✓Loan Range: Loan sizes from $8K to $4.4M, with an average of $286K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in IA, MN, WI
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 NSB Bank SBA lending
What types of businesses does NSB Bank typically finance?
NSB Bank specializes in SBA 7(a) lending to specific industries including general automotive repair, support activities for animal production, fitness and recreational sports centers, landscaping services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are NSB Bank's typical SBA loan terms?
NSB Bank's SBA 7(a) loans typically feature an average interest rate of 5.44% and average term length of 115 months (approximately 10 years). Loan sizes range from $8K to $4.4M, with an average loan size of $286K.
Do I need a business valuation for a NSB Bank SBA loan?
Yes, NSB 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 NSB Bank compare to other SBA lenders?
NSB Bank has originated 162 SBA loans totaling $46.4M since 1991. 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 NSB Bank lend in?
NSB Bank provides SBA 7(a) financing with particularly strong presence in IA, MN, WI. 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.
Get your certified valuation from Fair Market Value.