Signature Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Signature Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 236220 | Commercial and Institutional Building Construction | 8 | $5.8M | $725K | 6.2% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 5 | $1.6M | $314K | 3.9% |
| 238910 | Site Preparation Contractors | 5 | $2.6M | $517K | 3.9% |
| 541840 | Media Representatives | 4 | $1.6M | $400K | 3.1% |
| 561720 | Janitorial Services | 4 | $2.1M | $518K | 3.1% |
| 484110 | General Freight Trucking, Local | 3 | $963K | $321K | 2.3% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 3 | $981K | $327K | 2.3% |
| 238210 | Electrical Contractors and Other Wiring Installation Contractors | 3 | $1.2M | $387K | 2.3% |
| 541110 | Offices of Lawyers | 3 | $350K | $117K | 2.3% |
| 312120 | Breweries | 2 | $535K | $268K | 1.6% |
Geographic Distribution
SBA lending activity for Signature Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Illinois (IL) | 113 | $78.6M | 87.6% |
| Wisconsin (WI) | 7 | $7.9M | 5.4% |
| California (CA) | 2 | $1.1M | 1.6% |
| Michigan (MI) | 2 | $755K | 1.6% |
| Texas (TX) | 1 | $500K | 0.8% |
| Kansas (KS) | 1 | $500K | 0.8% |
| New York (NY) | 2 | $450K | 1.6% |
| Florida (FL) | 1 | $100K | 0.8% |
Why Choose Signature Bank?
Based on SBA 7(a) lending track record from 2009-2025
- ✓Proven Track Record: 129 SBA loans approved, totaling $90.0M in financing
- ✓Industry Expertise: Specialized focus on Commercial and Institutional Building Construction, Plumbing, Heating, and Air-Conditioning Contractors, Site Preparation Contractors
- ✓Competitive Terms: Average interest rate of 5.74% with flexible term lengths averaging 75 months
- ✓Loan Range: Loan sizes from $25K to $5.0M, with an average of $697K
- ✓Nationwide Reach: Active lending in 8 states, with strong presence in IL, WI, NY
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 Signature Bank SBA lending
What types of businesses does Signature Bank typically finance?
Signature Bank specializes in SBA 7(a) lending to specific industries including commercial and institutional building construction, plumbing, heating, and air-conditioning contractors, site preparation contractors, media representatives. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Signature Bank's typical SBA loan terms?
Signature Bank's SBA 7(a) loans typically feature an average interest rate of 5.74% and average term length of 75 months (approximately 6 years). Loan sizes range from $25K to $5.0M, with an average loan size of $697K.
Do I need a business valuation for a Signature Bank SBA loan?
Yes, Signature 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 Signature Bank compare to other SBA lenders?
Signature Bank has originated 129 SBA loans totaling $90.0M since 2009. 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 Signature Bank lend in?
Signature Bank provides SBA 7(a) financing with particularly strong presence in IL, WI, NY, CA, MI. 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.
Get your certified valuation from Fair Market Value.