RNB State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by RNB State Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 112111 | Beef Cattle Ranching and Farming | 3 | $832K | $277K | 8.3% |
| 722410 | Drinking Places (Alcoholic Beverages) | 2 | $116K | $58K | 5.6% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 1 | $35K | $35K | 2.8% |
| 561210 | Facilities Support Services | 1 | $434K | $434K | 2.8% |
| 811122 | Automotive Glass Replacement Shops | 1 | $46K | $46K | 2.8% |
| 721214 | Recreational and Vacation Camps (except Campgrounds) | 1 | $600K | $600K | 2.8% |
| 621320 | Offices of Optometrists | 1 | $245K | $245K | 2.8% |
| 311812 | Commercial Bakeries | 1 | $100K | $100K | 2.8% |
| 238330 | Flooring Contractors | 1 | $1.3M | $1.3M | 2.8% |
Geographic Distribution
SBA lending activity for RNB State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Wyoming (WY) | 28 | $3.8M | 77.8% |
| Colorado (CO) | 8 | $3.1M | 22.2% |
Why Choose RNB State Bank?
Based on SBA 7(a) lending track record from 1992-2021
- ✓Proven Track Record: 36 SBA loans approved, totaling $6.9M in financing
- ✓Industry Expertise: Specialized focus on Beef Cattle Ranching and Farming, Drinking Places (Alcoholic Beverages), Snack and Nonalcoholic Beverage Bars
- ✓Competitive Terms: Average interest rate of 5.71% with flexible term lengths averaging 115 months
- ✓Loan Range: Loan sizes from $10K to $1.3M, with an average of $191K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in WY, CO
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 RNB State Bank SBA lending
What types of businesses does RNB State Bank typically finance?
RNB State Bank specializes in SBA 7(a) lending to specific industries including beef cattle ranching and farming, drinking places (alcoholic beverages), snack and nonalcoholic beverage bars, facilities support services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are RNB State Bank's typical SBA loan terms?
RNB State Bank's SBA 7(a) loans typically feature an average interest rate of 5.71% and average term length of 115 months (approximately 10 years). Loan sizes range from $10K to $1.3M, with an average loan size of $191K.
Do I need a business valuation for a RNB State Bank SBA loan?
Yes, RNB State 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 RNB State Bank compare to other SBA lenders?
RNB State Bank has originated 36 SBA loans totaling $6.9M since 1992. 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 RNB State Bank lend in?
RNB State Bank provides SBA 7(a) financing with particularly strong presence in WY, CO. 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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