State Bank & Trust
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by State Bank & Trust · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 337110 | Wood Kitchen Cabinet and Countertop Manufacturing | 2 | $400K | $200K | 15.4% |
| 332312 | Fabricated Structural Metal Manufacturing | 1 | $82K | $82K | 7.7% |
| 541940 | Veterinary Services | 1 | $218K | $218K | 7.7% |
Geographic Distribution
SBA lending activity for State Bank & Trust by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Alabama (AL) | 13 | $2.2M | 100.0% |
Why Choose State Bank & Trust?
Based on SBA 7(a) lending track record from 1992-2014
- ✓Proven Track Record: 13 SBA loans approved, totaling $2.2M in financing
- ✓Industry Expertise: Specialized focus on Wood Kitchen Cabinet and Countertop Manufacturing, Fabricated Structural Metal Manufacturing, Veterinary Services
- ✓Competitive Terms: Average interest rate of 5.38% with flexible term lengths averaging 117 months
- ✓Loan Range: Loan sizes from $32K to $818K, with an average of $171K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in AL
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 & Trust SBA lending
What types of businesses does State Bank & Trust typically finance?
State Bank & Trust specializes in SBA 7(a) lending to specific industries including wood kitchen cabinet and countertop manufacturing, fabricated structural metal manufacturing, veterinary services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are State Bank & Trust's typical SBA loan terms?
State Bank & Trust's SBA 7(a) loans typically feature an average interest rate of 5.38% and average term length of 117 months (approximately 10 years). Loan sizes range from $32K to $818K, with an average loan size of $171K.
Do I need a business valuation for a State Bank & Trust SBA loan?
Yes, State Bank & Trust 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 & Trust compare to other SBA lenders?
State Bank & Trust has originated 13 SBA loans totaling $2.2M 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 State Bank & Trust lend in?
State Bank & Trust provides SBA 7(a) financing with particularly strong presence in AL. 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.