State Bank of Reeseville
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by State Bank of Reeseville · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 812310 | Coin-Operated Laundries and Drycleaners | 1 | $470K | $470K | 20.0% |
| 562991 | Septic Tank and Related Services | 1 | $650K | $650K | 20.0% |
Geographic Distribution
SBA lending activity for State Bank of Reeseville by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Wisconsin (WI) | 5 | $1.7M | 100.0% |
Why Choose State Bank of Reeseville?
Based on SBA 7(a) lending track record from 1993-2010
- ✓Proven Track Record: 5 SBA loans approved, totaling $1.7M in financing
- ✓Industry Expertise: Specialized focus on Coin-Operated Laundries and Drycleaners, Septic Tank and Related Services
- ✓Competitive Terms: Average interest rate of 5.63% with flexible term lengths averaging 194 months
- ✓Loan Range: Loan sizes from $44K to $650K, with an average of $336K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in WI
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 Reeseville SBA lending
What types of businesses does State Bank of Reeseville typically finance?
State Bank of Reeseville specializes in SBA 7(a) lending to specific industries including coin-operated laundries and drycleaners, septic tank and related services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are State Bank of Reeseville's typical SBA loan terms?
State Bank of Reeseville's SBA 7(a) loans typically feature an average interest rate of 5.63% and average term length of 194 months (approximately 16 years). Loan sizes range from $44K to $650K, with an average loan size of $336K.
Do I need a business valuation for a State Bank of Reeseville SBA loan?
Yes, State Bank of Reeseville 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 Reeseville compare to other SBA lenders?
State Bank of Reeseville has originated 5 SBA loans totaling $1.7M since 1993. 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 Reeseville lend in?
State Bank of Reeseville provides SBA 7(a) financing with particularly strong presence in WI. 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.