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State Bank of Eagle Butte

SBA 7(a) Lending Profile · All Time analysis

Loans: 4Volume: $418KAvg Loan: $104KAvg Rate: Avg Term: 93 monthsJobs: 0

Industry Focus

Top industries served by State Bank of Eagle Butte · All Time

NAICSIndustryLoansVolumeAvg LoanShare
327320Ready-Mix Concrete Manufacturing1$110K$110K25.0%

Geographic Distribution

SBA lending activity for State Bank of Eagle Butte by state

StateLoansVolumeShare
South Dakota (SD)4$418K100.0%
Loan Volume
$418K
$418K

Why Choose State Bank of Eagle Butte?

Based on SBA 7(a) lending track record from 1991-1995

  • Proven Track Record: 4 SBA loans approved, totaling $418K in financing
  • Industry Expertise: Specialized focus on Ready-Mix Concrete Manufacturing
  • Competitive Terms: Average interest rate of with flexible term lengths averaging 93 months
  • Loan Range: Loan sizes from $23K to $225K, with an average of $104K
  • Nationwide Reach: Active lending in 1 states, with strong presence in SD

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 State Bank of Eagle Butte SBA lending

What types of businesses does State Bank of Eagle Butte typically finance?

State Bank of Eagle Butte specializes in SBA 7(a) lending to specific industries including ready-mix concrete manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.

What are State Bank of Eagle Butte's typical SBA loan terms?

State Bank of Eagle Butte'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 $23K to $225K, with an average loan size of $104K.

Do I need a business valuation for a State Bank of Eagle Butte SBA loan?

Yes, State Bank of Eagle Butte 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 State Bank of Eagle Butte compare to other SBA lenders?

State Bank of Eagle Butte has originated 4 SBA loans totaling $418K 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 State Bank of Eagle Butte lend in?

State Bank of Eagle Butte provides SBA 7(a) financing with particularly strong presence in SD. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.

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