PeopleFund
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by PeopleFund
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 713940 | Fitness and Recreational Sports Centers | 120 | $16.9M | $141K | 6.3% |
| 722511 | Full-Service Restaurants | 80 | $16.1M | $201K | 4.2% |
| 624410 | Child Day Care Services | 80 | $14.3M | $178K | 4.2% |
| 722513 | Limited-Service Restaurants | 72 | $12.2M | $169K | 3.8% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 72 | $11.0M | $153K | 3.8% |
| 484121 | General Freight Trucking, Long Distance, Truckload | 56 | $8.5M | $152K | 2.9% |
| 236220 | Commercial and Institutional Building Construction | 40 | $7.2M | $179K | 2.1% |
| 621340 | Offices of Physical, Occupational and Speech Therapists, and Audiologi | 40 | $9.2M | $230K | 2.1% |
| 812112 | Beauty Salons | 40 | $6.7M | $167K | 2.1% |
| 621610 | Home Health Care Services | 40 | $6.4M | $161K | 2.1% |
Geographic Distribution
SBA lending activity for PeopleFund by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 1,904 | $295.3M | 100.0% |
Why Choose PeopleFund?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 1,904 SBA loans approved, totaling $295.3M in financing
- ✓Industry Expertise: Specialized focus on Fitness and Recreational Sports Centers, Full-Service Restaurants, Child Day Care Services
- ✓Competitive Terms: Average interest rate of 9.70% with flexible term lengths averaging 85 months
- ✓Loan Range: Loan sizes from $52K to $350K, with an average of $155K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in TX
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 PeopleFund SBA lending
What types of businesses does PeopleFund typically finance?
PeopleFund specializes in SBA 7(a) lending to specific industries including fitness and recreational sports centers, full-service restaurants, child day care services, limited-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are PeopleFund's typical SBA loan terms?
PeopleFund's SBA 7(a) loans typically feature an average interest rate of 9.70% and average term length of 85 months (approximately 7 years). Loan sizes range from $52K to $350K, with an average loan size of $155K.
Do I need a business valuation for a PeopleFund SBA loan?
Yes, PeopleFund 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 PeopleFund compare to other SBA lenders?
PeopleFund has originated 1,904 SBA loans totaling $295.3M 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 PeopleFund lend in?
PeopleFund provides SBA 7(a) financing with particularly strong presence in 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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