Public Savings Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Public Savings Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 611620 | Sports and Recreation Instruction | 1 | $154K | $154K | 33.3% |
| 713940 | Fitness and Recreational Sports Centers | 1 | $281K | $281K | 33.3% |
Geographic Distribution
SBA lending activity for Public Savings Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Pennsylvania (PA) | 2 | $486K | 66.7% |
| New Jersey (NJ) | 1 | $154K | 33.3% |
Why Choose Public Savings Bank?
Based on SBA 7(a) lending track record from 2010-2010
- ✓Proven Track Record: 3 SBA loans approved, totaling $640K in financing
- ✓Industry Expertise: Specialized focus on Sports and Recreation Instruction, Fitness and Recreational Sports Centers
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 109 months
- ✓Loan Range: Loan sizes from $154K to $281K, with an average of $213K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in PA, NJ
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 Public Savings Bank SBA lending
What types of businesses does Public Savings Bank typically finance?
Public Savings Bank specializes in SBA 7(a) lending to specific industries including sports and recreation instruction, fitness and recreational sports centers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Public Savings Bank's typical SBA loan terms?
Public Savings Bank's SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 109 months (approximately 9 years). Loan sizes range from $154K to $281K, with an average loan size of $213K.
Do I need a business valuation for a Public Savings Bank SBA loan?
Yes, Public Savings 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 Public Savings Bank compare to other SBA lenders?
Public Savings Bank has originated 3 SBA loans totaling $640K since 2010. 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 Public Savings Bank lend in?
Public Savings Bank provides SBA 7(a) financing with particularly strong presence in PA, NJ. 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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