Sanger Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Sanger Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 112111 | Beef Cattle Ranching and Farming | 2 | $200K | $100K | 16.7% |
| 624410 | Child Care Services | 1 | $75K | $75K | 8.3% |
| 621310 | Offices of Chiropractors | 1 | $57K | $57K | 8.3% |
Geographic Distribution
SBA lending activity for Sanger Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 11 | $1.4M | 91.7% |
| Oklahoma (OK) | 1 | $61K | 8.3% |
Why Choose Sanger Bank?
Based on SBA 7(a) lending track record from 1992-1997
- ✓Proven Track Record: 12 SBA loans approved, totaling $1.5M in financing
- ✓Industry Expertise: Specialized focus on Beef Cattle Ranching and Farming, Child Care Services, Offices of Chiropractors
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 130 months
- ✓Loan Range: Loan sizes from $57K to $500K, with an average of $122K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in TX, OK
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 Sanger Bank SBA lending
What types of businesses does Sanger Bank typically finance?
Sanger Bank specializes in SBA 7(a) lending to specific industries including beef cattle ranching and farming, child care services, offices of chiropractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Sanger Bank's typical SBA loan terms?
Sanger Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 130 months (approximately 11 years). Loan sizes range from $57K to $500K, with an average loan size of $122K.
Do I need a business valuation for a Sanger Bank SBA loan?
Yes, Sanger 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 Sanger Bank compare to other SBA lenders?
Sanger Bank has originated 12 SBA loans totaling $1.5M 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 Sanger Bank lend in?
Sanger Bank provides SBA 7(a) financing with particularly strong presence in TX, OK. 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?
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