Stryv Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Stryv Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621320 | Offices of Optometrists | 3 | $225K | $75K | 14.3% |
| 112111 | Beef Cattle Ranching and Farming | 1 | $238K | $238K | 4.8% |
| 541810 | Advertising Agencies | 1 | $121K | $121K | 4.8% |
| 423120 | Motor Vehicle Supplies and New Parts Merchant Wholesalers | 1 | $500K | $500K | 4.8% |
Geographic Distribution
SBA lending activity for Stryv Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Kansas (KS) | 20 | $2.6M | 95.2% |
| Texas (TX) | 1 | $65K | 4.8% |
Why Choose Stryv Bank?
Based on SBA 7(a) lending track record from 1992-2019
- ✓Proven Track Record: 21 SBA loans approved, totaling $2.7M in financing
- ✓Industry Expertise: Specialized focus on Offices of Optometrists, Beef Cattle Ranching and Farming, Advertising Agencies
- ✓Competitive Terms: Average interest rate of 5.75% with flexible term lengths averaging 54 months
- ✓Loan Range: Loan sizes from $35K to $500K, with an average of $128K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in KS, TX
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 Stryv Bank SBA lending
What types of businesses does Stryv Bank typically finance?
Stryv Bank specializes in SBA 7(a) lending to specific industries including offices of optometrists, beef cattle ranching and farming, advertising agencies, motor vehicle supplies and new parts merchant wholesalers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Stryv Bank's typical SBA loan terms?
Stryv Bank's SBA 7(a) loans typically feature an average interest rate of 5.75% and average term length of 54 months (approximately 5 years). Loan sizes range from $35K to $500K, with an average loan size of $128K.
Do I need a business valuation for a Stryv Bank SBA loan?
Yes, Stryv 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 Stryv Bank compare to other SBA lenders?
Stryv Bank has originated 21 SBA loans totaling $2.7M 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 Stryv Bank lend in?
Stryv Bank provides SBA 7(a) financing with particularly strong presence in KS, TX. 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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