Omaha State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Omaha State Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 238210 | Electrical Contractors and Other Wiring Installation Contractors | 1 | $2.3M | $2.3M | 5.3% |
| 541511 | Custom Computer Programming Services | 1 | $90K | $90K | 5.3% |
| 621210 | Offices of Dentists | 1 | $53K | $53K | 5.3% |
| 561439 | Other Business Service Centers (including Copy Shops) | 1 | $150K | $150K | 5.3% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 1 | $150K | $150K | 5.3% |
| 541512 | Computer Systems Design Services | 1 | $150K | $150K | 5.3% |
Geographic Distribution
SBA lending activity for Omaha State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Nebraska (NE) | 17 | $4.3M | 89.5% |
| Iowa (IA) | 2 | $1.1M | 10.5% |
Why Choose Omaha State Bank?
Based on SBA 7(a) lending track record from 1992-2013
- ✓Proven Track Record: 19 SBA loans approved, totaling $5.4M in financing
- ✓Industry Expertise: Specialized focus on Electrical Contractors and Other Wiring Installation Contractors, Custom Computer Programming Services, Offices of Dentists
- ✓Competitive Terms: Average interest rate of 4.50% with flexible term lengths averaging 64 months
- ✓Loan Range: Loan sizes from $23K to $2.3M, with an average of $285K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in NE, IA
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 Omaha State Bank SBA lending
What types of businesses does Omaha State Bank typically finance?
Omaha State Bank specializes in SBA 7(a) lending to specific industries including electrical contractors and other wiring installation contractors, custom computer programming services, offices of dentists, other business service centers (including copy shops). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Omaha State Bank's typical SBA loan terms?
Omaha State Bank's SBA 7(a) loans typically feature an average interest rate of 4.50% and average term length of 64 months (approximately 5 years). Loan sizes range from $23K to $2.3M, with an average loan size of $285K.
Do I need a business valuation for a Omaha State Bank SBA loan?
Yes, Omaha State 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 Omaha State Bank compare to other SBA lenders?
Omaha State Bank has originated 19 SBA loans totaling $5.4M since 1992. 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 Omaha State Bank lend in?
Omaha State Bank provides SBA 7(a) financing with particularly strong presence in NE, IA. 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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