Security Bank
SBA 7(a) Lending Profile · FY 2023 analysis
Industry Focus
Top industries served by Security Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 104 | $65.9M | $633K | 14.4% |
| 722513 | Limited-Service Restaurants | 40 | $7.7M | $192K | 5.6% |
| 722410 | Drinking Places (Alcoholic Beverages) | 32 | $8.9M | $280K | 4.4% |
| 238210 | Electrical Contractors | 32 | $5.7M | $177K | 4.4% |
| 621210 | Offices of Dentists | 32 | $35.5M | $1.1M | 4.4% |
| 561730 | Landscaping Services | 24 | $4.8M | $198K | 3.3% |
| 236220 | Commercial and Institutional Building Construction | 24 | $15.2M | $633K | 3.3% |
| 211120 | Other | 24 | $8.4M | $350K | 3.3% |
| 531311 | Residential Property Managers | 24 | $3.0M | $123K | 3.3% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 16 | $2.8M | $173K | 2.2% |
Geographic Distribution
SBA lending activity for Security Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Oklahoma (OK) | 608 | $411.0M | 84.4% |
| Nebraska (NE) | 64 | $34.2M | 8.9% |
| Kansas (KS) | 8 | $7.3M | 1.1% |
| Texas (TX) | 24 | $4.8M | 3.3% |
| Arkansas (AR) | 16 | $2.3M | 2.2% |
Why Choose Security Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 720 SBA loans approved, totaling $459.5M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Limited-Service Restaurants, Drinking Places (Alcoholic Beverages)
- ✓Competitive Terms: Average interest rate of 6.59% with flexible term lengths averaging 117 months
- ✓Loan Range: Loan sizes from $33K to $4.2M, with an average of $638K
- ✓Nationwide Reach: Active lending in 5 states, with strong presence in OK, NE, TX
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 Security Bank SBA lending
What types of businesses does Security Bank typically finance?
Security Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, limited-service restaurants, drinking places (alcoholic beverages), electrical contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Security Bank's typical SBA loan terms?
Security Bank's SBA 7(a) loans typically feature an average interest rate of 6.59% and average term length of 117 months (approximately 10 years). Loan sizes range from $33K to $4.2M, with an average loan size of $638K.
Do I need a business valuation for a Security Bank SBA loan?
Yes, Security 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 Security Bank compare to other SBA lenders?
Security Bank has originated 720 SBA loans totaling $459.5M 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 Security Bank lend in?
Security Bank provides SBA 7(a) financing with particularly strong presence in OK, NE, TX, AR, KS. 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.
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