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Pineland Bank

SBA 7(a) Lending Profile · FY 2022 analysis

Loans: 13Volume: $9.5MAvg Loan: $730KAvg Rate: 5.56%Avg Term: 218 monthsJobs: 171

Industry Focus

Top industries served by Pineland Bank · FY 2022

Geographic Distribution

SBA lending activity for Pineland Bank by state

StateLoansVolumeShare
Georgia (GA)5$5.2M38.5%
Florida (FL)8$4.3M61.5%
Loan Volume
$4.3M
$5.2M

Why Choose Pineland Bank?

Based on SBA 7(a) lending track record in FY 2022

  • Proven Track Record: 13 SBA loans approved, totaling $9.5M in financing
  • Industry Expertise: Specialized focus on Limited-Service Restaurants, Full-Service Restaurants, Amusement Arcades
  • Competitive Terms: Average interest rate of 5.56% with flexible term lengths averaging 218 months
  • Loan Range: Loan sizes from $234K to $2.7M, with an average of $730K
  • Nationwide Reach: Active lending in 2 states, with strong presence in FL, 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 Pineland Bank SBA lending

What types of businesses does Pineland Bank typically finance?

Pineland Bank specializes in SBA 7(a) lending to specific industries including limited-service restaurants, full-service restaurants, amusement arcades, septic tank and related services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.

What are Pineland Bank's typical SBA loan terms?

Pineland Bank's SBA 7(a) loans typically feature an average interest rate of 5.56% and average term length of 218 months (approximately 18 years). Loan sizes range from $234K to $2.7M, with an average loan size of $730K.

Do I need a business valuation for a Pineland Bank SBA loan?

Yes, Pineland 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 Pineland Bank compare to other SBA lenders?

Pineland Bank has originated 13 SBA loans totaling $9.5M in FY 2022. 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 Pineland Bank lend in?

Pineland Bank provides SBA 7(a) financing with particularly strong presence in FL, GA. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.

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Research Your Target Industry Before Applying

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