Servbank National Association
SBA 7(a) Lending Profile · FY 2025 analysis
Industry Focus
Top industries served by Servbank National Association
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 524210 | Insurance Agencies and Brokerages | 8 | $1.2M | $150K | 16.7% |
| 812910 | Pet Care (except Veterinary) Services | 8 | $2.8M | $344K | 16.7% |
| 812210 | Funeral Homes and Funeral Services | 8 | $468K | $59K | 16.7% |
| 311811 | Retail Bakeries | 8 | $2.9M | $357K | 16.7% |
| 541990 | All Other Professional, Scientific, and Technical Services | 8 | $400K | $50K | 16.7% |
| 311991 | Perishable Prepared Food Manufacturing | 8 | $1.2M | $150K | 16.7% |
Geographic Distribution
SBA lending activity for Servbank National Association by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Illinois (IL) | 32 | $7.3M | 66.7% |
| California (CA) | 16 | $1.6M | 33.3% |
Why Choose Servbank National Association?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 48 SBA loans approved, totaling $8.9M in financing
- ✓Industry Expertise: Specialized focus on Insurance Agencies and Brokerages, Pet Care (except Veterinary) Services, Funeral Homes and Funeral Services
- ✓Competitive Terms: Average interest rate of 7.25% with flexible term lengths averaging 97 months
- ✓Loan Range: Loan sizes from $50K to $357K, with an average of $185K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in IL, 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 Servbank National Association SBA lending
What types of businesses does Servbank National Association typically finance?
Servbank National Association specializes in SBA 7(a) lending to specific industries including insurance agencies and brokerages, pet care (except veterinary) services, funeral homes and funeral services, retail bakeries. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Servbank National Association's typical SBA loan terms?
Servbank National Association's SBA 7(a) loans typically feature an average interest rate of 7.25% and average term length of 97 months (approximately 8 years). Loan sizes range from $50K to $357K, with an average loan size of $185K.
Do I need a business valuation for a Servbank National Association SBA loan?
Yes, Servbank National Association 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 Servbank National Association compare to other SBA lenders?
Servbank National Association has originated 48 SBA loans totaling $8.9M 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 Servbank National Association lend in?
Servbank National Association provides SBA 7(a) financing with particularly strong presence in IL, 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?
Professional valuations are often required for SBA loans over $250,000.
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