Sequoia National Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Sequoia National Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 1 | $100K | $100K | 4.5% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 1 | $950K | $950K | 4.5% |
| 621399 | Offices of All Other Miscellaneous Health Practitioners | 1 | $350K | $350K | 4.5% |
| 485310 | Taxi and Ridesharing Services | 1 | $1.0M | $1.0M | 4.5% |
| 541330 | Engineering Services | 1 | $1.3M | $1.3M | 4.5% |
Geographic Distribution
SBA lending activity for Sequoia National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 22 | $13.8M | 100.0% |
Why Choose Sequoia National Bank?
Based on SBA 7(a) lending track record from 2002-2007
- ✓Proven Track Record: 22 SBA loans approved, totaling $13.8M in financing
- ✓Industry Expertise: Specialized focus on Automotive Body, Paint, and Interior Repair and Maintenance, Drycleaning and Laundry Services (except Coin-Operated), Offices of All Other Miscellaneous Health Practitioners
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 169 months
- ✓Loan Range: Loan sizes from $100K to $2.0M, with an average of $629K
- ✓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 Sequoia National Bank SBA lending
What types of businesses does Sequoia National Bank typically finance?
Sequoia National Bank specializes in SBA 7(a) lending to specific industries including automotive body, paint, and interior repair and maintenance, drycleaning and laundry services (except coin-operated), offices of all other miscellaneous health practitioners, taxi and ridesharing services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Sequoia National Bank's typical SBA loan terms?
Sequoia National Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 169 months (approximately 14 years). Loan sizes range from $100K to $2.0M, with an average loan size of $629K.
Do I need a business valuation for a Sequoia National Bank SBA loan?
Yes, Sequoia National 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 Sequoia National Bank compare to other SBA lenders?
Sequoia National Bank has originated 22 SBA loans totaling $13.8M since 2002. 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 Sequoia National Bank lend in?
Sequoia National Bank 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?
Certified valuations are often required for SBA loans over $250,000.
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