Spring Valley Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Spring Valley Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 3 | $2.0M | $661K | 8.1% |
| 327991 | Cut Stone and Stone Product Manufacturing | 2 | $1.2M | $608K | 5.4% |
| 524210 | Insurance Agencies and Brokerages | 2 | $415K | $208K | 5.4% |
| 424210 | Drugs and Druggists' Sundries Merchant Wholesalers | 2 | $1.6M | $781K | 5.4% |
| 561730 | Landscaping Services | 2 | $4.2M | $2.1M | 5.4% |
| 713990 | All Other Amusement and Recreation Industries | 1 | $632K | $632K | 2.7% |
| 541513 | Computer Facilities Management Services | 1 | $838K | $838K | 2.7% |
| 238350 | Finish Carpentry Contractors | 1 | $248K | $248K | 2.7% |
| 621310 | Offices of Chiropractors | 1 | $741K | $741K | 2.7% |
| 518210 | Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services | 1 | $1.4M | $1.4M | 2.7% |
Geographic Distribution
SBA lending activity for Spring Valley Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Ohio (OH) | 35 | $24.5M | 94.6% |
| Kentucky (KY) | 2 | $1.7M | 5.4% |
Why Choose Spring Valley Bank?
Based on SBA 7(a) lending track record from 2002-2013
- ✓Proven Track Record: 37 SBA loans approved, totaling $26.2M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Cut Stone and Stone Product Manufacturing, Insurance Agencies and Brokerages
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 204 months
- ✓Loan Range: Loan sizes from $100K to $2.7M, with an average of $709K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in OH, KY
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 Spring Valley Bank SBA lending
What types of businesses does Spring Valley Bank typically finance?
Spring Valley Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, cut stone and stone product manufacturing, insurance agencies and brokerages, drugs and druggists' sundries merchant wholesalers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Spring Valley Bank's typical SBA loan terms?
Spring Valley Bank's SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 204 months (approximately 17 years). Loan sizes range from $100K to $2.7M, with an average loan size of $709K.
Do I need a business valuation for a Spring Valley Bank SBA loan?
Yes, Spring Valley 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 Spring Valley Bank compare to other SBA lenders?
Spring Valley Bank has originated 37 SBA loans totaling $26.2M 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 Spring Valley Bank lend in?
Spring Valley Bank provides SBA 7(a) financing with particularly strong presence in OH, KY. 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.