Tandem Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Tandem Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 611620 | Sports and Recreation Instruction | 40 | $33.0M | $825K | 7.6% |
| 722511 | Full-Service Restaurants | 32 | $16.3M | $511K | 6.1% |
| 484110 | General Freight Trucking, Local | 24 | $3.2M | $133K | 4.5% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 24 | $6.7M | $281K | 4.5% |
| 541990 | All Other Professional, Scientific, and Technical Services | 16 | $2.4M | $150K | 3.0% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 16 | $2.4M | $150K | 3.0% |
| 811111 | General Automotive Repair | 16 | $1.6M | $101K | 3.0% |
| 311920 | Coffee and Tea Manufacturing | 16 | $2.4M | $150K | 3.0% |
| 459999 | Other | 16 | $2.4M | $150K | 3.0% |
| 722410 | Drinking Places (Alcoholic Beverages) | 16 | $4.5M | $280K | 3.0% |
Geographic Distribution
SBA lending activity for Tandem Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Georgia (GA) | 200 | $144.9M | 37.9% |
| Illinois (IL) | 8 | $19.8M | 1.5% |
| Florida (FL) | 32 | $17.0M | 6.1% |
| California (CA) | 80 | $11.5M | 15.2% |
| Virginia (VA) | 8 | $9.0M | 1.5% |
| Alabama (AL) | 8 | $8.8M | 1.5% |
| Pennsylvania (PA) | 24 | $7.4M | 4.5% |
| Tennessee (TN) | 16 | $6.7M | 3.0% |
| Oklahoma (OK) | 16 | $4.9M | 3.0% |
| Michigan (MI) | 16 | $4.0M | 3.0% |
| Oregon (OR) | 8 | $2.6M | 1.5% |
| New York (NY) | 16 | $2.4M | 3.0% |
| Texas (TX) | 16 | $2.4M | 3.0% |
| Colorado (CO) | 16 | $2.0M | 3.0% |
| Ohio (OH) | 16 | $2.0M | 3.0% |
| Nevada (NV) | 8 | $1.2M | 1.5% |
| Mississippi (MS) | 8 | $1.2M | 1.5% |
| Arkansas (AR) | 8 | $1.2M | 1.5% |
| Connecticut (CT) | 8 | $1.2M | 1.5% |
| South Dakota (SD) | 8 | $1.2M | 1.5% |
| Washington (WA) | 8 | $1.2M | 1.5% |
Why Choose Tandem Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 528 SBA loans approved, totaling $252.7M in financing
- ✓Industry Expertise: Specialized focus on Sports and Recreation Instruction, Full-Service Restaurants, General Freight Trucking, Local
- ✓Competitive Terms: Average interest rate of 10.93% with flexible term lengths averaging 125 months
- ✓Loan Range: Loan sizes from $52K to $5.0M, with an average of $479K
- ✓Nationwide Reach: Active lending in 21 states, with strong presence in GA, CA, FL
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 Tandem Bank SBA lending
What types of businesses does Tandem Bank typically finance?
Tandem Bank specializes in SBA 7(a) lending to specific industries including sports and recreation instruction, full-service restaurants, general freight trucking, local, snack and nonalcoholic beverage bars. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Tandem Bank's typical SBA loan terms?
Tandem Bank's SBA 7(a) loans typically feature an average interest rate of 10.93% and average term length of 125 months (approximately 10 years). Loan sizes range from $52K to $5.0M, with an average loan size of $479K.
Do I need a business valuation for a Tandem Bank SBA loan?
Yes, Tandem 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 Tandem Bank compare to other SBA lenders?
Tandem Bank has originated 528 SBA loans totaling $252.7M since 2020. 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 Tandem Bank lend in?
Tandem Bank provides SBA 7(a) financing with particularly strong presence in GA, CA, FL, PA, NY. 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?
Professional valuations are often required for SBA loans over $250,000.
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