Pendleton Community Bank Inc
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Pendleton Community Bank Inc
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 484110 | General Freight Trucking, Local | 32 | $2.5M | $77K | 12.9% |
| 517919 | All Other Telecommunications | 16 | $1.5M | $96K | 6.5% |
| 484121 | General Freight Trucking, Long Distance, Truckload | 16 | $1.3M | $81K | 6.5% |
| 811192 | Car Washes | 16 | $30.9M | $1.9M | 6.5% |
| 451211 | Book Stores | 16 | $772K | $48K | 6.5% |
| 517810 | Other | 16 | $2.7M | $170K | 6.5% |
| 551112 | Offices of Other Holding Companies | 16 | $6.8M | $425K | 6.5% |
| 446110 | Pharmacies and Drug Stores | 8 | $800K | $100K | 3.2% |
| 611710 | Educational Support Services | 8 | $1.6M | $200K | 3.2% |
| 312120 | Breweries | 8 | $3.2M | $399K | 3.2% |
Geographic Distribution
SBA lending activity for Pendleton Community Bank Inc by state
| State | Loans | Volume | Share |
|---|---|---|---|
| West Virginia (WV) | 152 | $52.3M | 61.3% |
| Virginia (VA) | 96 | $21.4M | 38.7% |
Why Choose Pendleton Community Bank Inc?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 248 SBA loans approved, totaling $73.7M in financing
- ✓Industry Expertise: Specialized focus on General Freight Trucking, Local, All Other Telecommunications, General Freight Trucking, Long Distance, Truckload
- ✓Competitive Terms: Average interest rate of 7.20% with flexible term lengths averaging 107 months
- ✓Loan Range: Loan sizes from $14K to $3.8M, with an average of $297K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in WV, VA
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 Pendleton Community Bank Inc SBA lending
What types of businesses does Pendleton Community Bank Inc typically finance?
Pendleton Community Bank Inc specializes in SBA 7(a) lending to specific industries including general freight trucking, local, all other telecommunications, general freight trucking, long distance, truckload, car washes. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Pendleton Community Bank Inc's typical SBA loan terms?
Pendleton Community Bank Inc's SBA 7(a) loans typically feature an average interest rate of 7.20% and average term length of 107 months (approximately 9 years). Loan sizes range from $14K to $3.8M, with an average loan size of $297K.
Do I need a business valuation for a Pendleton Community Bank Inc SBA loan?
Yes, Pendleton Community Bank Inc 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 Pendleton Community Bank Inc compare to other SBA lenders?
Pendleton Community Bank Inc has originated 248 SBA loans totaling $73.7M 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 Pendleton Community Bank Inc lend in?
Pendleton Community Bank Inc provides SBA 7(a) financing with particularly strong presence in WV, VA. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
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