Spring Valley City Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Spring Valley City Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 561510 | Travel Agencies | 1 | $22K | $22K | 20.0% |
Geographic Distribution
SBA lending activity for Spring Valley City Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Illinois (IL) | 5 | $258K | 100.0% |
Why Choose Spring Valley City Bank?
Based on SBA 7(a) lending track record from 1995-1997
- ✓Proven Track Record: 5 SBA loans approved, totaling $258K in financing
- ✓Industry Expertise: Specialized focus on Travel Agencies
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 93 months
- ✓Loan Range: Loan sizes from $22K to $130K, with an average of $52K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in IL
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 City Bank SBA lending
What types of businesses does Spring Valley City Bank typically finance?
Spring Valley City Bank specializes in SBA 7(a) lending to specific industries including travel agencies. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Spring Valley City Bank's typical SBA loan terms?
Spring Valley City Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 93 months (approximately 8 years). Loan sizes range from $22K to $130K, with an average loan size of $52K.
Do I need a business valuation for a Spring Valley City Bank SBA loan?
Yes, Spring Valley City 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 City Bank compare to other SBA lenders?
Spring Valley City Bank has originated 5 SBA loans totaling $258K since 1995. 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 City Bank lend in?
Spring Valley City Bank provides SBA 7(a) financing with particularly strong presence in IL. 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.