Pinnacle Bank-Wyoming
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Pinnacle Bank-Wyoming · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722410 | Drinking Places (Alcoholic Beverages) | 6 | $730K | $122K | 4.1% |
| 621310 | Offices of Chiropractors | 3 | $170K | $57K | 2.1% |
| 236118 | Residential Remodelers | 2 | $75K | $38K | 1.4% |
| 423720 | Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers | 2 | $200K | $100K | 1.4% |
| 532490 | Other Commercial and Industrial Machinery and Equipment Rental and Leasing | 2 | $203K | $101K | 1.4% |
| 721214 | Recreational and Vacation Camps (except Campgrounds) | 2 | $838K | $419K | 1.4% |
| 484121 | General Freight Trucking, Long-Distance, Truckload | 2 | $641K | $321K | 1.4% |
| 624410 | Child Care Services | 2 | $69K | $35K | 1.4% |
| 812910 | Pet Care (except Veterinary) Services | 2 | $250K | $125K | 1.4% |
| 541191 | Title Abstract and Settlement Offices | 1 | $158K | $158K | 0.7% |
Geographic Distribution
SBA lending activity for Pinnacle Bank-Wyoming by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Wyoming (WY) | 128 | $18.8M | 88.3% |
| Nebraska (NE) | 10 | $1.2M | 6.9% |
| Colorado (CO) | 5 | $443K | 3.4% |
| Montana (MT) | 1 | $200K | 0.7% |
| Arizona (AZ) | 1 | $75K | 0.7% |
Why Choose Pinnacle Bank-Wyoming?
Based on SBA 7(a) lending track record from 1991-2016
- ✓Proven Track Record: 145 SBA loans approved, totaling $20.7M in financing
- ✓Industry Expertise: Specialized focus on Drinking Places (Alcoholic Beverages), Offices of Chiropractors, Residential Remodelers
- ✓Competitive Terms: Average interest rate of 5.88% with flexible term lengths averaging 105 months
- ✓Loan Range: Loan sizes from $9K to $2.0M, with an average of $142K
- ✓Nationwide Reach: Active lending in 5 states, with strong presence in WY, NE, CO
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 Pinnacle Bank-Wyoming SBA lending
What types of businesses does Pinnacle Bank-Wyoming typically finance?
Pinnacle Bank-Wyoming specializes in SBA 7(a) lending to specific industries including drinking places (alcoholic beverages), offices of chiropractors, residential remodelers, plumbing and heating equipment and supplies (hydronics) merchant wholesalers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Pinnacle Bank-Wyoming's typical SBA loan terms?
Pinnacle Bank-Wyoming's SBA 7(a) loans typically feature an average interest rate of 5.88% and average term length of 105 months (approximately 9 years). Loan sizes range from $9K to $2.0M, with an average loan size of $142K.
Do I need a business valuation for a Pinnacle Bank-Wyoming SBA loan?
Yes, Pinnacle Bank-Wyoming 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 Pinnacle Bank-Wyoming compare to other SBA lenders?
Pinnacle Bank-Wyoming has originated 145 SBA loans totaling $20.7M 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 Pinnacle Bank-Wyoming lend in?
Pinnacle Bank-Wyoming provides SBA 7(a) financing with particularly strong presence in WY, NE, CO, MT, AZ. 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.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
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