Pacific State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Pacific State Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621210 | Offices of Dentists | 1 | $620K | $620K | 10.0% |
| 484220 | Specialized Freight (except Used Goods) Trucking, Local | 1 | $1.2M | $1.2M | 10.0% |
| 541110 | Offices of Lawyers | 1 | $450K | $450K | 10.0% |
| 621498 | All Other Outpatient Care Centers | 1 | $455K | $455K | 10.0% |
Geographic Distribution
SBA lending activity for Pacific State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 10 | $5.7M | 100.0% |
Why Choose Pacific State Bank?
Based on SBA 7(a) lending track record from 1994-2005
- ✓Proven Track Record: 10 SBA loans approved, totaling $5.7M in financing
- ✓Industry Expertise: Specialized focus on Offices of Dentists, Specialized Freight (except Used Goods) Trucking, Local, Offices of Lawyers
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 152 months
- ✓Loan Range: Loan sizes from $80K to $1.6M, with an average of $567K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in CA
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 Pacific State Bank SBA lending
What types of businesses does Pacific State Bank typically finance?
Pacific State Bank specializes in SBA 7(a) lending to specific industries including offices of dentists, specialized freight (except used goods) trucking, local, offices of lawyers, all other outpatient care centers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Pacific State Bank's typical SBA loan terms?
Pacific State Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 152 months (approximately 13 years). Loan sizes range from $80K to $1.6M, with an average loan size of $567K.
Do I need a business valuation for a Pacific State Bank SBA loan?
Yes, Pacific 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 Pacific State Bank compare to other SBA lenders?
Pacific State Bank has originated 10 SBA loans totaling $5.7M since 1994. 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 Pacific State Bank lend in?
Pacific State Bank provides SBA 7(a) financing with particularly strong presence in CA. 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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