Patriot Bank, National Association
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by Patriot Bank, National Association
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 524210 | Insurance Agencies and Brokerages | 64 | $37.3M | $583K | 9.4% |
| 811192 | Car Washes | 64 | $213.2M | $3.3M | 9.4% |
| 722513 | Limited-Service Restaurants | 40 | $15.7M | $392K | 5.9% |
| 623312 | Homes for the Elderly | 40 | $43.5M | $1.1M | 5.9% |
| 722511 | Full-Service Restaurants | 40 | $37.7M | $943K | 5.9% |
| 445310 | Beer, Wine, and Liquor Stores | 24 | $13.0M | $542K | 3.5% |
| 713940 | Fitness and Recreational Sports Centers | 16 | $10.7M | $670K | 2.4% |
| 621391 | Offices of Podiatrists | 16 | $10.9M | $681K | 2.4% |
| 811111 | General Automotive Repair | 16 | $6.9M | $434K | 2.4% |
| 541611 | Administrative Management and General Management Consulting Services | 16 | $17.9M | $1.1M | 2.4% |
Geographic Distribution
SBA lending activity for Patriot Bank, National Association by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Florida (FL) | 144 | $110.3M | 21.2% |
| California (CA) | 56 | $108.1M | 8.2% |
| Colorado (CO) | 40 | $70.8M | 5.9% |
| New York (NY) | 32 | $45.4M | 4.7% |
| Georgia (GA) | 56 | $44.0M | 8.2% |
| Illinois (IL) | 8 | $40.0M | 1.2% |
| New Mexico (NM) | 8 | $37.9M | 1.2% |
| Michigan (MI) | 16 | $34.0M | 2.4% |
| Texas (TX) | 48 | $33.3M | 7.1% |
| Alaska (AK) | 16 | $28.7M | 2.4% |
| New Jersey (NJ) | 32 | $28.2M | 4.7% |
| Pennsylvania (PA) | 16 | $26.3M | 2.4% |
| Wisconsin (WI) | 16 | $20.7M | 2.4% |
| Maryland (MD) | 16 | $17.6M | 2.4% |
| Louisiana (LA) | 16 | $15.6M | 2.4% |
| New Hampshire (NH) | 16 | $15.0M | 2.4% |
| Connecticut (CT) | 48 | $13.6M | 7.1% |
| Massachusetts (MA) | 8 | $12.7M | 1.2% |
| Ohio (OH) | 24 | $12.0M | 3.5% |
| Missouri (MO) | 16 | $8.7M | 2.4% |
| Mississippi (MS) | 16 | $6.8M | 2.4% |
| South Carolina (SC) | 8 | $6.6M | 1.2% |
| Kansas (KS) | 8 | $4.0M | 1.2% |
| Minnesota (MN) | 8 | $3.8M | 1.2% |
| District of Columbia (DC) | 8 | $2.8M | 1.2% |
Why Choose Patriot Bank, National Association?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 680 SBA loans approved, totaling $746.9M in financing
- ✓Industry Expertise: Specialized focus on Insurance Agencies and Brokerages, Car Washes, Limited-Service Restaurants
- ✓Competitive Terms: Average interest rate of 7.06% with flexible term lengths averaging 179 months
- ✓Loan Range: Loan sizes from $100K to $5.0M, with an average of $1.1M
- ✓Nationwide Reach: Active lending in 25 states, with strong presence in FL, CA, GA
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 Patriot Bank, National Association SBA lending
What types of businesses does Patriot Bank, National Association typically finance?
Patriot Bank, National Association specializes in SBA 7(a) lending to specific industries including insurance agencies and brokerages, car washes, limited-service restaurants, homes for the elderly. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Patriot Bank, National Association's typical SBA loan terms?
Patriot Bank, National Association's SBA 7(a) loans typically feature an average interest rate of 7.06% and average term length of 179 months (approximately 15 years). Loan sizes range from $100K to $5.0M, with an average loan size of $1.1M.
Do I need a business valuation for a Patriot Bank, National Association SBA loan?
Yes, Patriot Bank, National Association 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 Patriot Bank, National Association compare to other SBA lenders?
Patriot Bank, National Association has originated 680 SBA loans totaling $746.9M 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 Patriot Bank, National Association lend in?
Patriot Bank, National Association provides SBA 7(a) financing with particularly strong presence in FL, CA, GA, CT, TX. 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.
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Professional valuations are often required for SBA loans over $250,000.
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