Pioneer Community Bank, Inc.
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Pioneer Community Bank, Inc. · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 624410 | Child Care Services | 1 | $360K | $360K | 20.0% |
| 721191 | Bed-and-Breakfast Inns | 1 | $125K | $125K | 20.0% |
Geographic Distribution
SBA lending activity for Pioneer Community Bank, Inc. by state
| State | Loans | Volume | Share |
|---|---|---|---|
| West Virginia (WV) | 5 | $679K | 100.0% |
Why Choose Pioneer Community Bank, Inc.?
Based on SBA 7(a) lending track record from 1997-2003
- ✓Proven Track Record: 5 SBA loans approved, totaling $679K in financing
- ✓Industry Expertise: Specialized focus on Child Care Services, Bed-and-Breakfast Inns
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 120 months
- ✓Loan Range: Loan sizes from $20K to $360K, with an average of $136K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in WV
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 Community Bank, Inc. SBA lending
What types of businesses does Pioneer Community Bank, Inc. typically finance?
Pioneer Community Bank, Inc. specializes in SBA 7(a) lending to specific industries including child care services, bed-and-breakfast inns. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Pioneer Community Bank, Inc.'s typical SBA loan terms?
Pioneer Community Bank, Inc.'s SBA 7(a) loans typically feature an average interest rate of — and average term length of 120 months (approximately 10 years). Loan sizes range from $20K to $360K, with an average loan size of $136K.
Do I need a business valuation for a Pioneer Community Bank, Inc. SBA loan?
Yes, Pioneer Community Bank, Inc. 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 Community Bank, Inc. compare to other SBA lenders?
Pioneer Community Bank, Inc. has originated 5 SBA loans totaling $679K since 1997. 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 Community Bank, Inc. lend in?
Pioneer Community Bank, Inc. provides SBA 7(a) financing with particularly strong presence in WV. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
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