Platte Valley Bank
SBA 7(a) Lending Profile · FY 2022 analysis
Industry Focus
Top industries served by Platte Valley Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 561730 | Landscaping Services | 48 | $4.1M | $86K | 8.7% |
| 484110 | General Freight Trucking, Local | 32 | $1.7M | $52K | 5.8% |
| 562111 | Solid Waste Collection | 32 | $3.5M | $109K | 5.8% |
| 541330 | Engineering Services | 32 | $2.9M | $92K | 5.8% |
| 111998 | All Other Miscellaneous Crop Farming | 32 | $1.3M | $40K | 5.8% |
| 561740 | Carpet and Upholstery Cleaning Services | 24 | $1.8M | $75K | 4.3% |
| 812310 | Coin-Operated Laundries and Drycleaners | 16 | $1.2M | $75K | 2.9% |
| 453110 | Florists | 16 | $1.1M | $72K | 2.9% |
| 488490 | Other Support Activities for Road Transportation | 16 | $7.4M | $460K | 2.9% |
| 541519 | Other Computer Related Services | 16 | $18.6M | $1.2M | 2.9% |
Geographic Distribution
SBA lending activity for Platte Valley Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Nebraska (NE) | 144 | $47.1M | 26.1% |
| Wyoming (WY) | 376 | $46.0M | 68.1% |
| Colorado (CO) | 32 | $8.4M | 5.8% |
Why Choose Platte Valley Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 552 SBA loans approved, totaling $101.5M in financing
- ✓Industry Expertise: Specialized focus on Landscaping Services, General Freight Trucking, Local, Solid Waste Collection
- ✓Competitive Terms: Average interest rate of 6.39% with flexible term lengths averaging 90 months
- ✓Loan Range: Loan sizes from $5K to $2.3M, with an average of $184K
- ✓Nationwide Reach: Active lending in 3 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 Platte Valley Bank SBA lending
What types of businesses does Platte Valley Bank typically finance?
Platte Valley Bank specializes in SBA 7(a) lending to specific industries including landscaping services, general freight trucking, local, solid waste collection, engineering services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Platte Valley Bank's typical SBA loan terms?
Platte Valley Bank's SBA 7(a) loans typically feature an average interest rate of 6.39% and average term length of 90 months (approximately 8 years). Loan sizes range from $5K to $2.3M, with an average loan size of $184K.
Do I need a business valuation for a Platte Valley Bank SBA loan?
Yes, Platte Valley 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 Platte Valley Bank compare to other SBA lenders?
Platte Valley Bank has originated 552 SBA loans totaling $101.5M 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 Platte Valley Bank lend in?
Platte Valley Bank provides SBA 7(a) financing with particularly strong presence in WY, NE, CO. 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.
Get your certified valuation from Fair Market Value.