Rayne State Bank & Trust Company
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by Rayne State Bank & Trust Company
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 213112 | Support Activities for Oil and Gas Operations | 24 | $37.5M | $1.6M | 12.5% |
| 326199 | All Other Plastics Product Manufacturing | 16 | $17.4M | $1.1M | 8.3% |
| 532490 | Other Commercial and Industrial Machinery and Equipment Rental and Lea | 8 | $28.5M | $3.6M | 4.2% |
| 623990 | Other Residential Care Facilities | 8 | $12.4M | $1.6M | 4.2% |
| 524210 | Insurance Agencies and Brokerages | 8 | $1.2M | $150K | 4.2% |
| 339950 | Sign Manufacturing | 8 | $2.9M | $368K | 4.2% |
| 519190 | All Other Information Services | 8 | $400K | $50K | 4.2% |
| 812910 | Pet Care (except Veterinary) Services | 8 | $199K | $25K | 4.2% |
| 811211 | Consumer Electronics Repair and Maintenance | 8 | $2.7M | $338K | 4.2% |
| 713940 | Fitness and Recreational Sports Centers | 8 | $1.6M | $200K | 4.2% |
Geographic Distribution
SBA lending activity for Rayne State Bank & Trust Company by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Louisiana (LA) | 176 | $147.8M | 91.7% |
| Texas (TX) | 8 | $24.0M | 4.2% |
| Georgia (GA) | 8 | $400K | 4.2% |
Why Choose Rayne State Bank & Trust Company?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 192 SBA loans approved, totaling $172.2M in financing
- ✓Industry Expertise: Specialized focus on Support Activities for Oil and Gas Operations, All Other Plastics Product Manufacturing, Other Commercial and Industrial Machinery and Equipment Rental and Lea
- ✓Competitive Terms: Average interest rate of 6.98% with flexible term lengths averaging 114 months
- ✓Loan Range: Loan sizes from $25K to $3.6M, with an average of $897K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in LA, TX, GA
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 Rayne State Bank & Trust Company SBA lending
What types of businesses does Rayne State Bank & Trust Company typically finance?
Rayne State Bank & Trust Company specializes in SBA 7(a) lending to specific industries including support activities for oil and gas operations, all other plastics product manufacturing, other commercial and industrial machinery and equipment rental and lea, other residential care facilities. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Rayne State Bank & Trust Company's typical SBA loan terms?
Rayne State Bank & Trust Company's SBA 7(a) loans typically feature an average interest rate of 6.98% and average term length of 114 months (approximately 10 years). Loan sizes range from $25K to $3.6M, with an average loan size of $897K.
Do I need a business valuation for a Rayne State Bank & Trust Company SBA loan?
Yes, Rayne State Bank & Trust Company 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 Rayne State Bank & Trust Company compare to other SBA lenders?
Rayne State Bank & Trust Company has originated 192 SBA loans totaling $172.2M 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 Rayne State Bank & Trust Company lend in?
Rayne State Bank & Trust Company provides SBA 7(a) financing with particularly strong presence in LA, TX, GA. 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.
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