Pioneer Bank & Trust
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Pioneer Bank & Trust
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 24 | $19.3M | $803K | 9.7% |
| 621310 | Offices of Chiropractors | 24 | $2.2M | $93K | 9.7% |
| 515210 | Cable and Other Subscription Programming | 16 | $3.6M | $225K | 6.5% |
| 621391 | Offices of Podiatrists | 16 | $3.4M | $212K | 6.5% |
| 621340 | Offices of Physical, Occupational and Speech Therapists, and Audiologi | 16 | $2.8M | $173K | 6.5% |
| 115112 | Soil Preparation, Planting, and Cultivating | 16 | $1.2M | $73K | 6.5% |
| 459110 | Other | 16 | $1.7M | $107K | 6.5% |
| 812199 | Other Personal Care Services | 8 | $400K | $50K | 3.2% |
| 459210 | Other | 8 | $320K | $40K | 3.2% |
| 811310 | Commercial and Industrial Machinery and Equipment (except Automotive a | 8 | $456K | $57K | 3.2% |
Geographic Distribution
SBA lending activity for Pioneer Bank & Trust by state
| State | Loans | Volume | Share |
|---|---|---|---|
| South Dakota (SD) | 232 | $47.9M | 93.5% |
| Wyoming (WY) | 16 | $18.3M | 6.5% |
Why Choose Pioneer Bank & Trust?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 248 SBA loans approved, totaling $66.2M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Offices of Chiropractors, Cable and Other Subscription Programming
- ✓Competitive Terms: Average interest rate of 7.06% with flexible term lengths averaging 88 months
- ✓Loan Range: Loan sizes from $40K to $2.2M, with an average of $267K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in SD, WY
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 & Trust SBA lending
What types of businesses does Pioneer Bank & Trust typically finance?
Pioneer Bank & Trust specializes in SBA 7(a) lending to specific industries including full-service restaurants, offices of chiropractors, cable and other subscription programming, offices of podiatrists. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Pioneer Bank & Trust's typical SBA loan terms?
Pioneer Bank & Trust's SBA 7(a) loans typically feature an average interest rate of 7.06% and average term length of 88 months (approximately 7 years). Loan sizes range from $40K to $2.2M, with an average loan size of $267K.
Do I need a business valuation for a Pioneer Bank & Trust SBA loan?
Yes, Pioneer Bank & Trust 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 & Trust compare to other SBA lenders?
Pioneer Bank & Trust has originated 248 SBA loans totaling $66.2M since 2020. 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 & Trust lend in?
Pioneer Bank & Trust provides SBA 7(a) financing with particularly strong presence in SD, WY. 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?
Professional valuations are often required for SBA loans over $250,000.
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