Springs Valley Bank & Trust Company
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Springs Valley Bank & Trust Company · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 4 | $561K | $140K | 7.3% |
| 337110 | Wood Kitchen Cabinet and Countertop Manufacturing | 2 | $275K | $138K | 3.6% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 2 | $390K | $195K | 3.6% |
| 332721 | Precision Turned Product Manufacturing | 2 | $1.8M | $875K | 3.6% |
| 811192 | Car Washes | 2 | $990K | $495K | 3.6% |
| 531120 | Lessors of Nonresidential Buildings (except Miniwarehouses) | 2 | $2.2M | $1.1M | 3.6% |
| 811310 | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | 2 | $88K | $44K | 3.6% |
| 321912 | Cut Stock, Resawing Lumber, and Planing | 2 | $473K | $237K | 3.6% |
| 721110 | Hotels (except Casino Hotels) and Motels | 2 | $5.2M | $2.6M | 3.6% |
| 445110 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 2 | $85K | $43K | 3.6% |
Geographic Distribution
SBA lending activity for Springs Valley Bank & Trust Company by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Indiana (IN) | 55 | $23.2M | 100.0% |
Why Choose Springs Valley Bank & Trust Company?
Based on SBA 7(a) lending track record from 1992-2024
- ✓Proven Track Record: 55 SBA loans approved, totaling $23.2M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Wood Kitchen Cabinet and Countertop Manufacturing, Snack and Nonalcoholic Beverage Bars
- ✓Competitive Terms: Average interest rate of 5.77% with flexible term lengths averaging 152 months
- ✓Loan Range: Loan sizes from $25K to $3.3M, with an average of $422K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in IN
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 Springs Valley Bank & Trust Company SBA lending
What types of businesses does Springs Valley Bank & Trust Company typically finance?
Springs Valley Bank & Trust Company specializes in SBA 7(a) lending to specific industries including full-service restaurants, wood kitchen cabinet and countertop manufacturing, snack and nonalcoholic beverage bars, precision turned product manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Springs Valley Bank & Trust Company's typical SBA loan terms?
Springs Valley Bank & Trust Company's SBA 7(a) loans typically feature an average interest rate of 5.77% and average term length of 152 months (approximately 13 years). Loan sizes range from $25K to $3.3M, with an average loan size of $422K.
Do I need a business valuation for a Springs Valley Bank & Trust Company SBA loan?
Yes, Springs Valley Bank & Trust Company 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 Springs Valley Bank & Trust Company compare to other SBA lenders?
Springs Valley Bank & Trust Company has originated 55 SBA loans totaling $23.2M since 1992. 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 Springs Valley Bank & Trust Company lend in?
Springs Valley Bank & Trust Company provides SBA 7(a) financing with particularly strong presence in IN. 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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