Republic Bank, Incorporated
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Republic Bank, Incorporated · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 713950 | Bowling Centers | 1 | $40K | $40K | 10.0% |
| 541512 | Computer Systems Design Services | 1 | $80K | $80K | 10.0% |
Geographic Distribution
SBA lending activity for Republic Bank, Incorporated by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Minnesota (MN) | 10 | $830K | 100.0% |
Why Choose Republic Bank, Incorporated?
Based on SBA 7(a) lending track record from 1995-2002
- ✓Proven Track Record: 10 SBA loans approved, totaling $830K in financing
- ✓Industry Expertise: Specialized focus on Bowling Centers, Computer Systems Design Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 80 months
- ✓Loan Range: Loan sizes from $40K to $200K, with an average of $83K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MN
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 Republic Bank, Incorporated SBA lending
What types of businesses does Republic Bank, Incorporated typically finance?
Republic Bank, Incorporated specializes in SBA 7(a) lending to specific industries including bowling centers, computer systems design services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Republic Bank, Incorporated's typical SBA loan terms?
Republic Bank, Incorporated's SBA 7(a) loans typically feature an average interest rate of — and average term length of 80 months (approximately 7 years). Loan sizes range from $40K to $200K, with an average loan size of $83K.
Do I need a business valuation for a Republic Bank, Incorporated SBA loan?
Yes, Republic Bank, Incorporated 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 Republic Bank, Incorporated compare to other SBA lenders?
Republic Bank, Incorporated has originated 10 SBA loans totaling $830K since 1995. 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 Republic Bank, Incorporated lend in?
Republic Bank, Incorporated provides SBA 7(a) financing with particularly strong presence in MN. 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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