Pioneer Bank SSB
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Pioneer Bank SSB · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 541990 | All Other Professional, Scientific, and Technical Services | 4 | $1.9M | $480K | 7.7% |
| 621210 | Offices of Dentists | 2 | $1.4M | $680K | 3.8% |
| 541690 | Other Scientific and Technical Consulting Services | 1 | $100K | $100K | 1.9% |
| 721110 | Hotels (except Casino Hotels) and Motels | 1 | $3.0M | $3.0M | 1.9% |
| 624120 | Services for the Elderly and Persons with Disabilities | 1 | $100K | $100K | 1.9% |
| 624410 | Child Care Services | 1 | $626K | $626K | 1.9% |
| 326199 | All Other Plastics Product Manufacturing | 1 | $725K | $725K | 1.9% |
| 238210 | Electrical Contractors and Other Wiring Installation Contractors | 1 | $150K | $150K | 1.9% |
| 561611 | Investigation and Personal Background Check Services | 1 | $158K | $158K | 1.9% |
| 812310 | Coin-Operated Laundries and Drycleaners | 1 | $550K | $550K | 1.9% |
Geographic Distribution
SBA lending activity for Pioneer Bank SSB by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 51 | $28.5M | 98.1% |
| Oklahoma (OK) | 1 | $480K | 1.9% |
Why Choose Pioneer Bank SSB?
Based on SBA 7(a) lending track record from 1994-2016
- ✓Proven Track Record: 52 SBA loans approved, totaling $29.0M in financing
- ✓Industry Expertise: Specialized focus on All Other Professional, Scientific, and Technical Services, Offices of Dentists, Other Scientific and Technical Consulting Services
- ✓Competitive Terms: Average interest rate of 5.79% with flexible term lengths averaging 119 months
- ✓Loan Range: Loan sizes from $10K to $3.0M, with an average of $557K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in TX, OK
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 Pioneer Bank SSB SBA lending
What types of businesses does Pioneer Bank SSB typically finance?
Pioneer Bank SSB specializes in SBA 7(a) lending to specific industries including all other professional, scientific, and technical services, offices of dentists, other scientific and technical consulting services, hotels (except casino hotels) and motels. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Pioneer Bank SSB's typical SBA loan terms?
Pioneer Bank SSB's SBA 7(a) loans typically feature an average interest rate of 5.79% and average term length of 119 months (approximately 10 years). Loan sizes range from $10K to $3.0M, with an average loan size of $557K.
Do I need a business valuation for a Pioneer Bank SSB SBA loan?
Yes, Pioneer Bank SSB 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 Pioneer Bank SSB compare to other SBA lenders?
Pioneer Bank SSB has originated 52 SBA loans totaling $29.0M 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 Pioneer Bank SSB lend in?
Pioneer Bank SSB provides SBA 7(a) financing with particularly strong presence in TX, OK. 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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