State Bank & Trust Company
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by State Bank & Trust Company · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 112320 | Broilers and Other Meat Type Chicken Production | 23 | $9.8M | $428K | 26.7% |
| 811111 | General Automotive Repair | 2 | $167K | $83K | 2.3% |
| 112310 | Chicken Egg Production | 2 | $874K | $437K | 2.3% |
| 562111 | Solid Waste Collection | 1 | $150K | $150K | 1.2% |
| 812112 | Beauty Salons | 1 | $68K | $68K | 1.2% |
| 423320 | Brick, Stone, and Related Construction Material Merchant Wholesalers | 1 | $240K | $240K | 1.2% |
| 221310 | Water Supply and Irrigation Systems | 1 | $450K | $450K | 1.2% |
| 624410 | Child Care Services | 1 | $182K | $182K | 1.2% |
| 112340 | Poultry Hatcheries | 1 | $224K | $224K | 1.2% |
| 541350 | Building Inspection Services | 1 | $300K | $300K | 1.2% |
Geographic Distribution
SBA lending activity for State Bank & Trust Company by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Mississippi (MS) | 86 | $21.4M | 100.0% |
Why Choose State Bank & Trust Company?
Based on SBA 7(a) lending track record from 1994-2006
- ✓Proven Track Record: 86 SBA loans approved, totaling $21.4M in financing
- ✓Industry Expertise: Specialized focus on Broilers and Other Meat Type Chicken Production, General Automotive Repair, Chicken Egg Production
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 116 months
- ✓Loan Range: Loan sizes from $20K to $800K, with an average of $249K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MS
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 Company SBA lending
What types of businesses does State Bank & Trust Company typically finance?
State Bank & Trust Company specializes in SBA 7(a) lending to specific industries including broilers and other meat type chicken production, general automotive repair, chicken egg production, solid waste collection. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are State Bank & Trust Company's typical SBA loan terms?
State Bank & Trust Company's SBA 7(a) loans typically feature an average interest rate of — and average term length of 116 months (approximately 10 years). Loan sizes range from $20K to $800K, with an average loan size of $249K.
Do I need a business valuation for a State Bank & Trust Company SBA loan?
Yes, State 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 State Bank & Trust Company compare to other SBA lenders?
State Bank & Trust Company has originated 86 SBA loans totaling $21.4M since 1994. 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 Company lend in?
State Bank & Trust Company provides SBA 7(a) financing with particularly strong presence in MS. 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.
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