Peoples Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Peoples Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 112320 | Broilers and Other Meat Type Chicken Production | 334 | $111.5M | $334K | 8.8% |
| 721110 | Hotels (except Casino Hotels) and Motels | 225 | $579.8M | $2.6M | 5.9% |
| 484110 | General Freight Trucking, Local | 107 | $20.8M | $194K | 2.8% |
| 722511 | Full-Service Restaurants | 100 | $31.6M | $316K | 2.6% |
| 713940 | Fitness and Recreational Sports Centers | 71 | $15.6M | $219K | 1.9% |
| 112310 | Chicken Egg Production | 68 | $15.4M | $227K | 1.8% |
| 722513 | Limited-Service Restaurants | 58 | $23.5M | $404K | 1.5% |
| 113310 | Logging | 51 | $6.1M | $119K | 1.3% |
| 238990 | All Other Specialty Trade Contractors | 47 | $11.5M | $245K | 1.2% |
| 811111 | General Automotive Repair | 43 | $8.1M | $188K | 1.1% |
Geographic Distribution
SBA lending activity for Peoples Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Mississippi (MS) | 1,075 | $333.6M | 28.2% |
| Ohio (OH) | 928 | $326.4M | 24.4% |
| Texas (TX) | 59 | $112.1M | 1.5% |
| Washington (WA) | 428 | $97.5M | 11.2% |
| Georgia (GA) | 97 | $93.6M | 2.5% |
| North Carolina (NC) | 48 | $74.4M | 1.3% |
| Kentucky (KY) | 208 | $66.4M | 5.5% |
| Indiana (IN) | 269 | $57.9M | 7.1% |
| Louisiana (LA) | 28 | $55.0M | 0.7% |
| South Carolina (SC) | 15 | $44.6M | 0.4% |
| Florida (FL) | 21 | $40.0M | 0.6% |
| Virginia (VA) | 66 | $37.9M | 1.7% |
| Alabama (AL) | 22 | $36.7M | 0.6% |
| West Virginia (WV) | 134 | $32.6M | 3.5% |
| District of Columbia (DC) | 107 | $27.4M | 2.8% |
| Tennessee (TN) | 15 | $27.1M | 0.4% |
| Iowa (IA) | 109 | $19.2M | 2.9% |
| Maryland (MD) | 70 | $15.3M | 1.8% |
| Illinois (IL) | 28 | $13.2M | 0.7% |
| New Mexico (NM) | 4 | $11.9M | 0.1% |
| Utah (UT) | 3 | $11.8M | 0.1% |
| Missouri (MO) | 14 | $10.9M | 0.4% |
| Arkansas (AR) | 5 | $10.2M | 0.1% |
| New York (NY) | 3 | $7.9M | 0.1% |
| Pennsylvania (PA) | 3 | $5.6M | 0.1% |
| Kansas (KS) | 7 | $5.3M | 0.2% |
| Nebraska (NE) | 3 | $3.8M | 0.1% |
| Michigan (MI) | 5 | $3.7M | 0.1% |
| Connecticut (CT) | 1 | $3.7M | 0.0% |
| Oklahoma (OK) | 2 | $3.3M | 0.1% |
| Colorado (CO) | 2 | $1.7M | 0.1% |
| Wisconsin (WI) | 8 | $1.5M | 0.2% |
| South Dakota (SD) | 4 | $938K | 0.1% |
| Minnesota (MN) | 8 | $770K | 0.2% |
| Montana (MT) | 1 | $750K | 0.0% |
| Oregon (OR) | 4 | $600K | 0.1% |
| Arizona (AZ) | 1 | $385K | 0.0% |
| California (CA) | 2 | $250K | 0.1% |
| Hawaii (HI) | 1 | $50K | 0.0% |
Why Choose Peoples Bank?
Based on SBA 7(a) lending track record from 1991-2025
- ✓Proven Track Record: 3,808 SBA loans approved, totaling $1.60B in financing
- ✓Industry Expertise: Specialized focus on Broilers and Other Meat Type Chicken Production, Hotels (except Casino Hotels) and Motels, General Freight Trucking, Local
- ✓Competitive Terms: Average interest rate of 6.76% with flexible term lengths averaging 122 months
- ✓Loan Range: Loan sizes from $4K to $5.0M, with an average of $419K
- ✓Nationwide Reach: Active lending in 39 states, with strong presence in MS, OH, WA
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 Peoples Bank SBA lending
What types of businesses does Peoples Bank typically finance?
Peoples Bank specializes in SBA 7(a) lending to specific industries including broilers and other meat type chicken production, hotels (except casino hotels) and motels, general freight trucking, local, full-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Peoples Bank's typical SBA loan terms?
Peoples Bank's SBA 7(a) loans typically feature an average interest rate of 6.76% and average term length of 122 months (approximately 10 years). Loan sizes range from $4K to $5.0M, with an average loan size of $419K.
Do I need a business valuation for a Peoples Bank SBA loan?
Yes, Peoples 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 Peoples Bank compare to other SBA lenders?
Peoples Bank has originated 3,808 SBA loans totaling $1.60B since 1991. 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 Peoples Bank lend in?
Peoples Bank provides SBA 7(a) financing with particularly strong presence in MS, OH, WA, IN, KY. 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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