PyraMax Bank FSB
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by PyraMax Bank FSB
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 423930 | Recyclable Material Merchant Wholesalers | 16 | $2.3M | $145K | 7.4% |
| 812210 | Funeral Homes and Funeral Services | 16 | $16.1M | $1.0M | 7.4% |
| 312140 | Distilleries | 16 | $3.6M | $225K | 7.4% |
| 524210 | Insurance Agencies and Brokerages | 16 | $3.0M | $187K | 7.4% |
| 541810 | Advertising Agencies | 16 | $1.2M | $72K | 7.4% |
| 541614 | Process, Physical Distribution, and Logistics Consulting Services | 8 | $1.2M | $150K | 3.7% |
| 312120 | Breweries | 8 | $2.4M | $296K | 3.7% |
| 325510 | Paint and Coating Manufacturing | 8 | $6.4M | $800K | 3.7% |
| 337121 | Upholstered Household Furniture Manufacturing | 8 | $480K | $60K | 3.7% |
| 423440 | Other Commercial Equipment Merchant Wholesalers | 8 | $4.0M | $500K | 3.7% |
Geographic Distribution
SBA lending activity for PyraMax Bank FSB by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Wisconsin (WI) | 208 | $60.7M | 96.3% |
| Illinois (IL) | 8 | $2.2M | 3.7% |
Why Choose PyraMax Bank FSB?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 216 SBA loans approved, totaling $62.9M in financing
- ✓Industry Expertise: Specialized focus on Recyclable Material Merchant Wholesalers, Funeral Homes and Funeral Services, Distilleries
- ✓Competitive Terms: Average interest rate of 6.89% with flexible term lengths averaging 107 months
- ✓Loan Range: Loan sizes from $41K to $1.4M, with an average of $291K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in WI, IL
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 PyraMax Bank FSB SBA lending
What types of businesses does PyraMax Bank FSB typically finance?
PyraMax Bank FSB specializes in SBA 7(a) lending to specific industries including recyclable material merchant wholesalers, funeral homes and funeral services, distilleries, insurance agencies and brokerages. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are PyraMax Bank FSB's typical SBA loan terms?
PyraMax Bank FSB's SBA 7(a) loans typically feature an average interest rate of 6.89% and average term length of 107 months (approximately 9 years). Loan sizes range from $41K to $1.4M, with an average loan size of $291K.
Do I need a business valuation for a PyraMax Bank FSB SBA loan?
Yes, PyraMax Bank FSB 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 PyraMax Bank FSB compare to other SBA lenders?
PyraMax Bank FSB has originated 216 SBA loans totaling $62.9M 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 PyraMax Bank FSB lend in?
PyraMax Bank FSB provides SBA 7(a) financing with particularly strong presence in WI, IL. 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.