Petit Jean State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Petit Jean State Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 611511 | Cosmetology and Barber Schools | 2 | $145K | $73K | 13.3% |
| 112320 | Broilers and Other Meat Type Chicken Production | 1 | $180K | $180K | 6.7% |
| 115210 | Support Activities for Animal Production | 1 | $42K | $42K | 6.7% |
| 713940 | Fitness and Recreational Sports Centers | 1 | $90K | $90K | 6.7% |
| 713110 | Amusement and Theme Parks | 1 | $375K | $375K | 6.7% |
| 445110 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 1 | $451K | $451K | 6.7% |
| 811192 | Car Washes | 1 | $152K | $152K | 6.7% |
| 812210 | Funeral Homes and Funeral Services | 1 | $55K | $55K | 6.7% |
Geographic Distribution
SBA lending activity for Petit Jean State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Arkansas (AR) | 15 | $2.1M | 100.0% |
Why Choose Petit Jean State Bank?
Based on SBA 7(a) lending track record from 1994-2005
- ✓Proven Track Record: 15 SBA loans approved, totaling $2.1M in financing
- ✓Industry Expertise: Specialized focus on Cosmetology and Barber Schools, Broilers and Other Meat Type Chicken Production, Support Activities for Animal Production
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 127 months
- ✓Loan Range: Loan sizes from $38K to $451K, with an average of $141K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in AR
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 Petit Jean State Bank SBA lending
What types of businesses does Petit Jean State Bank typically finance?
Petit Jean State Bank specializes in SBA 7(a) lending to specific industries including cosmetology and barber schools, broilers and other meat type chicken production, support activities for animal production, fitness and recreational sports centers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Petit Jean State Bank's typical SBA loan terms?
Petit Jean State Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 127 months (approximately 11 years). Loan sizes range from $38K to $451K, with an average loan size of $141K.
Do I need a business valuation for a Petit Jean State Bank SBA loan?
Yes, Petit Jean 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 Petit Jean State Bank compare to other SBA lenders?
Petit Jean State Bank has originated 15 SBA loans totaling $2.1M 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 Petit Jean State Bank lend in?
Petit Jean State Bank provides SBA 7(a) financing with particularly strong presence in AR. 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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