River City Bank
SBA 7(a) Lending Profile · FY 2024 analysis
Industry Focus
Top industries served by River City Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 32 | $24.6M | $769K | 15.4% |
| 713940 | Fitness and Recreational Sports Centers | 24 | $8.7M | $362K | 11.5% |
| 458110 | Other | 16 | $7.1M | $443K | 7.7% |
| 312130 | Wineries | 8 | $15.7M | $2.0M | 3.8% |
| 722513 | Limited-Service Restaurants | 8 | $904K | $113K | 3.8% |
| 541922 | Commercial Photography | 8 | $4.0M | $495K | 3.8% |
| 459510 | Other | 8 | $3.2M | $400K | 3.8% |
| 621310 | Offices of Chiropractors | 8 | $2.8M | $350K | 3.8% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 8 | $3.2M | $400K | 3.8% |
| 238910 | Site Preparation Contractors | 8 | $2.0M | $250K | 3.8% |
Geographic Distribution
SBA lending activity for River City Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Georgia (GA) | 168 | $93.2M | 80.8% |
| Alabama (AL) | 16 | $13.6M | 7.7% |
| North Carolina (NC) | 24 | $7.0M | 11.5% |
Why Choose River City Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 208 SBA loans approved, totaling $113.7M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Fitness and Recreational Sports Centers, Other
- ✓Competitive Terms: Average interest rate of 10.56% with flexible term lengths averaging 150 months
- ✓Loan Range: Loan sizes from $68K to $2.0M, with an average of $547K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in GA, NC, AL
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 River City Bank SBA lending
What types of businesses does River City Bank typically finance?
River City Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, fitness and recreational sports centers, other, wineries. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are River City Bank's typical SBA loan terms?
River City Bank's SBA 7(a) loans typically feature an average interest rate of 10.56% and average term length of 150 months (approximately 13 years). Loan sizes range from $68K to $2.0M, with an average loan size of $547K.
Do I need a business valuation for a River City Bank SBA loan?
Yes, River City 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 River City Bank compare to other SBA lenders?
River City Bank has originated 208 SBA loans totaling $113.7M 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 River City Bank lend in?
River City Bank provides SBA 7(a) financing with particularly strong presence in GA, NC, AL. 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.
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