Sullivan Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Sullivan Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811111 | General Automotive Repair | 6 | $942K | $157K | 3.8% |
| 621310 | Offices of Chiropractors | 5 | $791K | $158K | 3.2% |
| 561730 | Landscaping Services | 4 | $978K | $244K | 2.5% |
| 541940 | Veterinary Services | 4 | $280K | $70K | 2.5% |
| 441110 | New Car Dealers | 4 | $1.6M | $388K | 2.5% |
| 524298 | All Other Insurance Related Activities | 3 | $55K | $18K | 1.9% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 3 | $1.9M | $647K | 1.9% |
| 561720 | Janitorial Services | 3 | $555K | $185K | 1.9% |
| 541219 | Other Accounting Services | 3 | $123K | $41K | 1.9% |
| 238110 | Poured Concrete Foundation and Structure Contractors | 3 | $470K | $157K | 1.9% |
Geographic Distribution
SBA lending activity for Sullivan Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Missouri (MO) | 157 | $23.9M | 100.0% |
Why Choose Sullivan Bank?
Based on SBA 7(a) lending track record from 1991-2025
- ✓Proven Track Record: 157 SBA loans approved, totaling $23.9M in financing
- ✓Industry Expertise: Specialized focus on General Automotive Repair, Offices of Chiropractors, Landscaping Services
- ✓Competitive Terms: Average interest rate of 6.19% with flexible term lengths averaging 100 months
- ✓Loan Range: Loan sizes from $7K to $1.5M, with an average of $152K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MO
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 Sullivan Bank SBA lending
What types of businesses does Sullivan Bank typically finance?
Sullivan Bank specializes in SBA 7(a) lending to specific industries including general automotive repair, offices of chiropractors, landscaping services, veterinary services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Sullivan Bank's typical SBA loan terms?
Sullivan Bank's SBA 7(a) loans typically feature an average interest rate of 6.19% and average term length of 100 months (approximately 8 years). Loan sizes range from $7K to $1.5M, with an average loan size of $152K.
Do I need a business valuation for a Sullivan Bank SBA loan?
Yes, Sullivan 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 Sullivan Bank compare to other SBA lenders?
Sullivan Bank has originated 157 SBA loans totaling $23.9M 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 Sullivan Bank lend in?
Sullivan Bank provides SBA 7(a) financing with particularly strong presence in MO. 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?
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