South Central State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by South Central State Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811111 | General Automotive Repair | 2 | $88K | $44K | 20.0% |
| 112210 | Hog and Pig Farming | 1 | $50K | $50K | 10.0% |
Geographic Distribution
SBA lending activity for South Central State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Nebraska (NE) | 9 | $921K | 90.0% |
| Kansas (KS) | 1 | $40K | 10.0% |
Why Choose South Central State Bank?
Based on SBA 7(a) lending track record from 1991-2001
- ✓Proven Track Record: 10 SBA loans approved, totaling $961K in financing
- ✓Industry Expertise: Specialized focus on General Automotive Repair, Hog and Pig Farming
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 151 months
- ✓Loan Range: Loan sizes from $18K to $283K, with an average of $96K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in NE, KS
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 South Central State Bank SBA lending
What types of businesses does South Central State Bank typically finance?
South Central State Bank specializes in SBA 7(a) lending to specific industries including general automotive repair, hog and pig farming. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are South Central State Bank's typical SBA loan terms?
South Central State Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 151 months (approximately 13 years). Loan sizes range from $18K to $283K, with an average loan size of $96K.
Do I need a business valuation for a South Central State Bank SBA loan?
Yes, South Central State 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 South Central State Bank compare to other SBA lenders?
South Central State Bank has originated 10 SBA loans totaling $961K since 1991. 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 South Central State Bank lend in?
South Central State Bank provides SBA 7(a) financing with particularly strong presence in NE, 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?
Certified valuations are often required for SBA loans over $250,000.
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