State Bank of India (California)
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by State Bank of India (California) · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 721110 | Hotels (except Casino Hotels) and Motels | 9 | $21.4M | $2.4M | 18.4% |
| 722513 | Limited-Service Restaurants | 3 | $848K | $283K | 6.1% |
| 624410 | Child Care Services | 2 | $3.3M | $1.6M | 4.1% |
| 621210 | Offices of Dentists | 2 | $1.5M | $750K | 4.1% |
| 332323 | Ornamental and Architectural Metal Work Manufacturing | 1 | $475K | $475K | 2.0% |
| 424990 | Other Miscellaneous Nondurable Goods Merchant Wholesalers | 1 | $4.0M | $4.0M | 2.0% |
| 722511 | Full-Service Restaurants | 1 | $900K | $900K | 2.0% |
| 621340 | Offices of Physical, Occupational and Speech Therapists, and Audiologists | 1 | $210K | $210K | 2.0% |
| 484110 | General Freight Trucking, Local | 1 | $450K | $450K | 2.0% |
| 561790 | Other Services to Buildings and Dwellings | 1 | $140K | $140K | 2.0% |
Geographic Distribution
SBA lending activity for State Bank of India (California) by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 39 | $48.3M | 79.6% |
| Maryland (MD) | 6 | $9.0M | 12.2% |
| Virginia (VA) | 3 | $2.3M | 6.1% |
| Pennsylvania (PA) | 1 | $300K | 2.0% |
Why Choose State Bank of India (California)?
Based on SBA 7(a) lending track record from 1999-2016
- ✓Proven Track Record: 49 SBA loans approved, totaling $59.9M in financing
- ✓Industry Expertise: Specialized focus on Hotels (except Casino Hotels) and Motels, Limited-Service Restaurants, Child Care Services
- ✓Competitive Terms: Average interest rate of 5.21% with flexible term lengths averaging 218 months
- ✓Loan Range: Loan sizes from $100K to $5.0M, with an average of $1.2M
- ✓Nationwide Reach: Active lending in 4 states, with strong presence in CA, MD, VA
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 India (California) SBA lending
What types of businesses does State Bank of India (California) typically finance?
State Bank of India (California) specializes in SBA 7(a) lending to specific industries including hotels (except casino hotels) and motels, limited-service restaurants, child care services, offices of dentists. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are State Bank of India (California)'s typical SBA loan terms?
State Bank of India (California)'s SBA 7(a) loans typically feature an average interest rate of 5.21% and average term length of 218 months (approximately 18 years). Loan sizes range from $100K to $5.0M, with an average loan size of $1.2M.
Do I need a business valuation for a State Bank of India (California) SBA loan?
Yes, State Bank of India (California) 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 India (California) compare to other SBA lenders?
State Bank of India (California) has originated 49 SBA loans totaling $59.9M since 1999. 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 India (California) lend in?
State Bank of India (California) provides SBA 7(a) financing with particularly strong presence in CA, MD, VA, PA. 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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Certified valuations are often required for SBA loans over $250,000.
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