Sentry Bank
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by Sentry Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 484110 | General Freight Trucking, Local | 40 | $961K | $24K | 15.6% |
| 722410 | Drinking Places (Alcoholic Beverages) | 32 | $1.8M | $57K | 12.5% |
| 237310 | Highway, Street, and Bridge Construction | 32 | $4.6M | $145K | 12.5% |
| 621610 | Home Health Care Services | 24 | $30.6M | $1.3M | 9.4% |
| 445320 | Other | 16 | $1.5M | $95K | 6.3% |
| 459110 | Other | 16 | $10.3M | $642K | 6.3% |
| 458110 | Other | 16 | $2.8M | $175K | 6.3% |
| 451110 | Sporting Goods Stores | 8 | $4.1M | $510K | 3.1% |
| 623110 | Nursing Care Facilities | 8 | $2.4M | $300K | 3.1% |
| 811111 | General Automotive Repair | 8 | $1.8M | $220K | 3.1% |
Geographic Distribution
SBA lending activity for Sentry Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Minnesota (MN) | 240 | $65.7M | 93.8% |
| Wisconsin (WI) | 16 | $13.2M | 6.3% |
Why Choose Sentry Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 256 SBA loans approved, totaling $78.9M in financing
- ✓Industry Expertise: Specialized focus on General Freight Trucking, Local, Drinking Places (Alcoholic Beverages), Highway, Street, and Bridge Construction
- ✓Competitive Terms: Average interest rate of 6.71% with flexible term lengths averaging 105 months
- ✓Loan Range: Loan sizes from $5K to $1.9M, with an average of $308K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in MN, WI
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 Sentry Bank SBA lending
What types of businesses does Sentry Bank typically finance?
Sentry Bank specializes in SBA 7(a) lending to specific industries including general freight trucking, local, drinking places (alcoholic beverages), highway, street, and bridge construction, home health care services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Sentry Bank's typical SBA loan terms?
Sentry Bank's SBA 7(a) loans typically feature an average interest rate of 6.71% and average term length of 105 months (approximately 9 years). Loan sizes range from $5K to $1.9M, with an average loan size of $308K.
Do I need a business valuation for a Sentry Bank SBA loan?
Yes, Sentry 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 Sentry Bank compare to other SBA lenders?
Sentry Bank has originated 256 SBA loans totaling $78.9M 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 Sentry Bank lend in?
Sentry Bank provides SBA 7(a) financing with particularly strong presence in MN, WI. 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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