Rocky Mountain Bank and Trust
SBA 7(a) Lending Profile · FY 2024 analysis
Industry Focus
Top industries served by Rocky Mountain Bank and Trust
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811310 | Commercial and Industrial Machinery and Equipment (except Automotive a | 16 | $5.8M | $363K | 33.3% |
| 811111 | General Automotive Repair | 8 | $17.5M | $2.2M | 16.7% |
| 541219 | Other Accounting Services | 8 | $7.6M | $946K | 16.7% |
| 713120 | Amusement Arcades | 8 | $7.0M | $873K | 16.7% |
| 721110 | Hotels (except Casino Hotels) and Motels | 8 | $9.0M | $1.1M | 16.7% |
Geographic Distribution
SBA lending activity for Rocky Mountain Bank and Trust by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Colorado (CO) | 48 | $46.9M | 100.0% |
Why Choose Rocky Mountain Bank and Trust?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 48 SBA loans approved, totaling $46.9M in financing
- ✓Industry Expertise: Specialized focus on Commercial and Industrial Machinery and Equipment (except Automotive a, General Automotive Repair, Other Accounting Services
- ✓Competitive Terms: Average interest rate of 6.47% with flexible term lengths averaging 192 months
- ✓Loan Range: Loan sizes from $100K to $2.2M, with an average of $976K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in 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 Rocky Mountain Bank and Trust SBA lending
What types of businesses does Rocky Mountain Bank and Trust typically finance?
Rocky Mountain Bank and Trust specializes in SBA 7(a) lending to specific industries including commercial and industrial machinery and equipment (except automotive a, general automotive repair, other accounting services, amusement arcades. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Rocky Mountain Bank and Trust's typical SBA loan terms?
Rocky Mountain Bank and Trust's SBA 7(a) loans typically feature an average interest rate of 6.47% and average term length of 192 months (approximately 16 years). Loan sizes range from $100K to $2.2M, with an average loan size of $976K.
Do I need a business valuation for a Rocky Mountain Bank and Trust SBA loan?
Yes, Rocky Mountain Bank and Trust 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 Rocky Mountain Bank and Trust compare to other SBA lenders?
Rocky Mountain Bank and Trust has originated 48 SBA loans totaling $46.9M 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 Rocky Mountain Bank and Trust lend in?
Rocky Mountain Bank and Trust provides SBA 7(a) financing with particularly strong presence in 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?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.