Ohnward Bank & Trust
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Ohnward Bank & Trust
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 423840 | Industrial Supplies Merchant Wholesalers | 16 | $18.4M | $1.1M | 33.3% |
| 459110 | Other | 16 | $5.6M | $350K | 33.3% |
| 236220 | Commercial and Institutional Building Construction | 8 | $1.6M | $200K | 16.7% |
| 332311 | Prefabricated Metal Building and Component Manufacturing | 8 | $25.2M | $3.1M | 16.7% |
Geographic Distribution
SBA lending activity for Ohnward Bank & Trust by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Iowa (IA) | 32 | $32.4M | 66.7% |
| Louisiana (LA) | 8 | $11.2M | 16.7% |
| Oklahoma (OK) | 8 | $7.2M | 16.7% |
Why Choose Ohnward Bank & Trust?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 48 SBA loans approved, totaling $50.8M in financing
- ✓Industry Expertise: Specialized focus on Industrial Supplies Merchant Wholesalers, Other, Commercial and Institutional Building Construction
- ✓Competitive Terms: Average interest rate of 6.23% with flexible term lengths averaging 102 months
- ✓Loan Range: Loan sizes from $200K to $3.1M, with an average of $1.1M
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in IA, OK, LA
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 Ohnward Bank & Trust SBA lending
What types of businesses does Ohnward Bank & Trust typically finance?
Ohnward Bank & Trust specializes in SBA 7(a) lending to specific industries including industrial supplies merchant wholesalers, other, commercial and institutional building construction, prefabricated metal building and component manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Ohnward Bank & Trust's typical SBA loan terms?
Ohnward Bank & Trust's SBA 7(a) loans typically feature an average interest rate of 6.23% and average term length of 102 months (approximately 9 years). Loan sizes range from $200K to $3.1M, with an average loan size of $1.1M.
Do I need a business valuation for a Ohnward Bank & Trust SBA loan?
Yes, Ohnward 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 Ohnward Bank & Trust compare to other SBA lenders?
Ohnward Bank & Trust has originated 48 SBA loans totaling $50.8M 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 Ohnward Bank & Trust lend in?
Ohnward Bank & Trust provides SBA 7(a) financing with particularly strong presence in IA, OK, LA. 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.
Get your certified valuation from Fair Market Value.