Primebank, Inc
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Primebank, Inc · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|
Geographic Distribution
SBA lending activity for Primebank, Inc by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Iowa (IA) | 2 | $151K | 100.0% |
Why Choose Primebank, Inc?
Based on SBA 7(a) lending track record from 2000-2000
- ✓Proven Track Record: 2 SBA loans approved, totaling $151K in financing
- ✓Industry Expertise: Specialized focus on
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 180 months
- ✓Loan Range: Loan sizes from $60K to $91K, with an average of $76K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in IA
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 Primebank, Inc SBA lending
What types of businesses does Primebank, Inc typically finance?
Primebank, Inc specializes in SBA 7(a) lending to specific industries including . They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Primebank, Inc's typical SBA loan terms?
Primebank, Inc's SBA 7(a) loans typically feature an average interest rate of — and average term length of 180 months (approximately 15 years). Loan sizes range from $60K to $91K, with an average loan size of $76K.
Do I need a business valuation for a Primebank, Inc SBA loan?
Yes, Primebank, 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 Primebank, Inc compare to other SBA lenders?
Primebank, Inc has originated 2 SBA loans totaling $151K since 2000. 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 Primebank, Inc lend in?
Primebank, Inc provides SBA 7(a) financing with particularly strong presence in IA. 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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