Suburban Bank of Virginia, National Association
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Suburban Bank of Virginia, National Association · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|
Geographic Distribution
SBA lending activity for Suburban Bank of Virginia, National Association by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Virginia (VA) | 2 | $365K | 66.7% |
| District of Columbia (DC) | 1 | $20K | 33.3% |
Why Choose Suburban Bank of Virginia, National Association?
Based on SBA 7(a) lending track record from 1992-1995
- ✓Proven Track Record: 3 SBA loans approved, totaling $385K in financing
- ✓Industry Expertise: Specialized focus on
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 60 months
- ✓Loan Range: Loan sizes from $20K to $300K, with an average of $128K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in VA, DC
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 Suburban Bank of Virginia, National Association SBA lending
What types of businesses does Suburban Bank of Virginia, National Association typically finance?
Suburban Bank of Virginia, National Association specializes in SBA 7(a) lending to specific industries including . They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Suburban Bank of Virginia, National Association's typical SBA loan terms?
Suburban Bank of Virginia, National Association's SBA 7(a) loans typically feature an average interest rate of — and average term length of 60 months (approximately 5 years). Loan sizes range from $20K to $300K, with an average loan size of $128K.
Do I need a business valuation for a Suburban Bank of Virginia, National Association SBA loan?
Yes, Suburban Bank of Virginia, National Association 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 Suburban Bank of Virginia, National Association compare to other SBA lenders?
Suburban Bank of Virginia, National Association has originated 3 SBA loans totaling $385K 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 Suburban Bank of Virginia, National Association lend in?
Suburban Bank of Virginia, National Association provides SBA 7(a) financing with particularly strong presence in VA, DC. 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.