State Central Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by State Central Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722410 | Drinking Places (Alcoholic Beverages) | 5 | $342K | $68K | 8.9% |
| 238990 | All Other Specialty Trade Contractors | 2 | $463K | $232K | 3.6% |
| 323113 | Commercial Screen Printing | 2 | $300K | $150K | 3.6% |
| 624410 | Child Care Services | 2 | $343K | $172K | 3.6% |
| 332999 | All Other Miscellaneous Fabricated Metal Product Manufacturing | 1 | $520K | $520K | 1.8% |
| 423620 | Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers | 1 | $50K | $50K | 1.8% |
| 713990 | All Other Amusement and Recreation Industries | 1 | $521K | $521K | 1.8% |
| 541990 | All Other Professional, Scientific, and Technical Services | 1 | $80K | $80K | 1.8% |
| 541921 | Photography Studios, Portrait | 1 | $15K | $15K | 1.8% |
| 541860 | Direct Mail Advertising | 1 | $262K | $262K | 1.8% |
Geographic Distribution
SBA lending activity for State Central Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Iowa (IA) | 50 | $7.4M | 89.3% |
| Missouri (MO) | 4 | $408K | 7.1% |
| Illinois (IL) | 2 | $110K | 3.6% |
Why Choose State Central Bank?
Based on SBA 7(a) lending track record from 1991-2010
- ✓Proven Track Record: 56 SBA loans approved, totaling $7.9M in financing
- ✓Industry Expertise: Specialized focus on Drinking Places (Alcoholic Beverages), All Other Specialty Trade Contractors, Commercial Screen Printing
- ✓Competitive Terms: Average interest rate of 6.17% with flexible term lengths averaging 110 months
- ✓Loan Range: Loan sizes from $10K to $1.0M, with an average of $141K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in IA, MO, IL
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 Central Bank SBA lending
What types of businesses does State Central Bank typically finance?
State Central Bank specializes in SBA 7(a) lending to specific industries including drinking places (alcoholic beverages), all other specialty trade contractors, commercial screen printing, child care services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are State Central Bank's typical SBA loan terms?
State Central Bank's SBA 7(a) loans typically feature an average interest rate of 6.17% and average term length of 110 months (approximately 9 years). Loan sizes range from $10K to $1.0M, with an average loan size of $141K.
Do I need a business valuation for a State Central Bank SBA loan?
Yes, State Central Bank 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 Central Bank compare to other SBA lenders?
State Central Bank has originated 56 SBA loans totaling $7.9M 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 Central Bank lend in?
State Central Bank provides SBA 7(a) financing with particularly strong presence in IA, MO, IL. 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.
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