Oxford Bank
SBA 7(a) Lending Profile · FY 2022 analysis
Industry Focus
Top industries served by Oxford Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 272 | $86.9M | $320K | 19.1% |
| 722511 | Full-Service Restaurants | 64 | $22.3M | $349K | 4.5% |
| 713940 | Fitness and Recreational Sports Centers | 56 | $23.5M | $420K | 3.9% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 32 | $4.3M | $135K | 2.2% |
| 113110 | Timber Tract Operations | 32 | $14.0M | $438K | 2.2% |
| 624410 | Child Day Care Services | 24 | $26.4M | $1.1M | 1.7% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 24 | $4.9M | $205K | 1.7% |
| 621610 | Home Health Care Services | 24 | $14.6M | $608K | 1.7% |
| 238210 | Electrical Contractors | 24 | $27.0M | $1.1M | 1.7% |
| 444220 | Nursery and Garden Centers | 24 | $9.4M | $390K | 1.7% |
Geographic Distribution
SBA lending activity for Oxford Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Michigan (MI) | 1,400 | $660.7M | 98.3% |
| Florida (FL) | 8 | $4.0M | 0.6% |
| Tennessee (TN) | 8 | $2.9M | 0.6% |
| Pennsylvania (PA) | 8 | $792K | 0.6% |
Why Choose Oxford Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 1,424 SBA loans approved, totaling $668.4M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Full-Service Restaurants, Fitness and Recreational Sports Centers
- ✓Competitive Terms: Average interest rate of 7.72% with flexible term lengths averaging 160 months
- ✓Loan Range: Loan sizes from $25K to $4.8M, with an average of $469K
- ✓Nationwide Reach: Active lending in 4 states, with strong presence in MI, FL, PA
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 Oxford Bank SBA lending
What types of businesses does Oxford Bank typically finance?
Oxford Bank specializes in SBA 7(a) lending to specific industries including limited-service restaurants, full-service restaurants, fitness and recreational sports centers, snack and nonalcoholic beverage bars. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Oxford Bank's typical SBA loan terms?
Oxford Bank's SBA 7(a) loans typically feature an average interest rate of 7.72% and average term length of 160 months (approximately 13 years). Loan sizes range from $25K to $4.8M, with an average loan size of $469K.
Do I need a business valuation for a Oxford Bank SBA loan?
Yes, Oxford 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 Oxford Bank compare to other SBA lenders?
Oxford Bank has originated 1,424 SBA loans totaling $668.4M 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 Oxford Bank lend in?
Oxford Bank provides SBA 7(a) financing with particularly strong presence in MI, FL, PA, TN. 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.
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