Savings Bank of Mendocino County
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Savings Bank of Mendocino County · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 221310 | Water Supply and Irrigation Systems | 1 | $45K | $45K | 4.2% |
| 333995 | Fluid Power Cylinder and Actuator Manufacturing | 1 | $223K | $223K | 4.2% |
| 811111 | General Automotive Repair | 1 | $85K | $85K | 4.2% |
Geographic Distribution
SBA lending activity for Savings Bank of Mendocino County by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 24 | $1.6M | 100.0% |
Why Choose Savings Bank of Mendocino County?
Based on SBA 7(a) lending track record from 1993-2000
- ✓Proven Track Record: 24 SBA loans approved, totaling $1.6M in financing
- ✓Industry Expertise: Specialized focus on Water Supply and Irrigation Systems, Fluid Power Cylinder and Actuator Manufacturing, General Automotive Repair
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 79 months
- ✓Loan Range: Loan sizes from $15K to $223K, with an average of $66K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in CA
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 Savings Bank of Mendocino County SBA lending
What types of businesses does Savings Bank of Mendocino County typically finance?
Savings Bank of Mendocino County specializes in SBA 7(a) lending to specific industries including water supply and irrigation systems, fluid power cylinder and actuator manufacturing, general automotive repair. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Savings Bank of Mendocino County's typical SBA loan terms?
Savings Bank of Mendocino County's SBA 7(a) loans typically feature an average interest rate of — and average term length of 79 months (approximately 7 years). Loan sizes range from $15K to $223K, with an average loan size of $66K.
Do I need a business valuation for a Savings Bank of Mendocino County SBA loan?
Yes, Savings Bank of Mendocino County 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 Savings Bank of Mendocino County compare to other SBA lenders?
Savings Bank of Mendocino County has originated 24 SBA loans totaling $1.6M since 1993. 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 Savings Bank of Mendocino County lend in?
Savings Bank of Mendocino County provides SBA 7(a) financing with particularly strong presence in CA. 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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