ONB Bloomington, N.A.
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by ONB Bloomington, N.A. · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 339950 | Sign Manufacturing | 3 | $156K | $52K | 14.3% |
| 713950 | Bowling Centers | 2 | $1.1M | $527K | 9.5% |
| 541330 | Engineering Services | 2 | $150K | $75K | 9.5% |
| 561499 | All Other Business Support Services | 1 | $33K | $33K | 4.8% |
| 339999 | All Other Miscellaneous Manufacturing | 1 | $295K | $295K | 4.8% |
| 445291 | Baked Goods Retailers | 1 | $35K | $35K | 4.8% |
| 541512 | Computer Systems Design Services | 1 | $50K | $50K | 4.8% |
| 621320 | Offices of Optometrists | 1 | $110K | $110K | 4.8% |
| 812990 | All Other Personal Services | 1 | $36K | $36K | 4.8% |
| 621210 | Offices of Dentists | 1 | $250K | $250K | 4.8% |
Geographic Distribution
SBA lending activity for ONB Bloomington, N.A. by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Indiana (IN) | 20 | $3.1M | 95.2% |
| Kentucky (KY) | 1 | $325K | 4.8% |
Why Choose ONB Bloomington, N.A.?
Based on SBA 7(a) lending track record from 2001-2007
- ✓Proven Track Record: 21 SBA loans approved, totaling $3.4M in financing
- ✓Industry Expertise: Specialized focus on Sign Manufacturing, Bowling Centers, Engineering Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 71 months
- ✓Loan Range: Loan sizes from $33K to $729K, with an average of $162K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in IN, KY
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 ONB Bloomington, N.A. SBA lending
What types of businesses does ONB Bloomington, N.A. typically finance?
ONB Bloomington, N.A. specializes in SBA 7(a) lending to specific industries including sign manufacturing, bowling centers, engineering services, all other business support services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are ONB Bloomington, N.A.'s typical SBA loan terms?
ONB Bloomington, N.A.'s SBA 7(a) loans typically feature an average interest rate of — and average term length of 71 months (approximately 6 years). Loan sizes range from $33K to $729K, with an average loan size of $162K.
Do I need a business valuation for a ONB Bloomington, N.A. SBA loan?
Yes, ONB Bloomington, N.A. 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 ONB Bloomington, N.A. compare to other SBA lenders?
ONB Bloomington, N.A. has originated 21 SBA loans totaling $3.4M since 2001. 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 ONB Bloomington, N.A. lend in?
ONB Bloomington, N.A. provides SBA 7(a) financing with particularly strong presence in IN, KY. 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.