Southwest Bank of Weatherford
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Southwest Bank of Weatherford · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 332812 | Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers | 2 | $150K | $75K | 28.6% |
| 518210 | Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services | 2 | $126K | $63K | 28.6% |
| 811310 | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | 1 | $45K | $45K | 14.3% |
| 484220 | Specialized Freight (except Used Goods) Trucking, Local | 1 | $61K | $61K | 14.3% |
Geographic Distribution
SBA lending activity for Southwest Bank of Weatherford by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Oklahoma (OK) | 7 | $713K | 100.0% |
Why Choose Southwest Bank of Weatherford?
Based on SBA 7(a) lending track record from 2006-2009
- ✓Proven Track Record: 7 SBA loans approved, totaling $713K in financing
- ✓Industry Expertise: Specialized focus on Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers, Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
- ✓Competitive Terms: Average interest rate of 7.50% with flexible term lengths averaging 48 months
- ✓Loan Range: Loan sizes from $45K to $330K, with an average of $102K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in OK
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 Southwest Bank of Weatherford SBA lending
What types of businesses does Southwest Bank of Weatherford typically finance?
Southwest Bank of Weatherford specializes in SBA 7(a) lending to specific industries including metal coating, engraving (except jewelry and silverware), and allied services to manufacturers, computing infrastructure providers, data processing, web hosting, and related services, commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance, specialized freight (except used goods) trucking, local. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Southwest Bank of Weatherford's typical SBA loan terms?
Southwest Bank of Weatherford's SBA 7(a) loans typically feature an average interest rate of 7.50% and average term length of 48 months (approximately 4 years). Loan sizes range from $45K to $330K, with an average loan size of $102K.
Do I need a business valuation for a Southwest Bank of Weatherford SBA loan?
Yes, Southwest Bank of Weatherford 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 Southwest Bank of Weatherford compare to other SBA lenders?
Southwest Bank of Weatherford has originated 7 SBA loans totaling $713K since 2006. 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 Southwest Bank of Weatherford lend in?
Southwest Bank of Weatherford provides SBA 7(a) financing with particularly strong presence in OK. 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.
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