San Luis Valley Federal Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by San Luis Valley Federal Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 812910 | Pet Care (except Veterinary) Services | 1 | $149K | $149K | 33.3% |
| 314999 | All Other Miscellaneous Textile Product Mills | 1 | $395K | $395K | 33.3% |
Geographic Distribution
SBA lending activity for San Luis Valley Federal Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Colorado (CO) | 3 | $694K | 100.0% |
Why Choose San Luis Valley Federal Bank?
Based on SBA 7(a) lending track record from 2006-2015
- ✓Proven Track Record: 3 SBA loans approved, totaling $694K in financing
- ✓Industry Expertise: Specialized focus on Pet Care (except Veterinary) Services, All Other Miscellaneous Textile Product Mills
- ✓Competitive Terms: Average interest rate of 6.50% with flexible term lengths averaging 80 months
- ✓Loan Range: Loan sizes from $149K to $395K, with an average of $231K
- ✓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 San Luis Valley Federal Bank SBA lending
What types of businesses does San Luis Valley Federal Bank typically finance?
San Luis Valley Federal Bank specializes in SBA 7(a) lending to specific industries including pet care (except veterinary) services, all other miscellaneous textile product mills. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are San Luis Valley Federal Bank's typical SBA loan terms?
San Luis Valley Federal Bank's SBA 7(a) loans typically feature an average interest rate of 6.50% and average term length of 80 months (approximately 7 years). Loan sizes range from $149K to $395K, with an average loan size of $231K.
Do I need a business valuation for a San Luis Valley Federal Bank SBA loan?
Yes, San Luis Valley Federal 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 San Luis Valley Federal Bank compare to other SBA lenders?
San Luis Valley Federal Bank has originated 3 SBA loans totaling $694K since 2006. 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 San Luis Valley Federal Bank lend in?
San Luis Valley Federal Bank 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?
Certified valuations are often required for SBA loans over $250,000.
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