Thayer County Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Thayer County Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621210 | Offices of Dentists | 2 | $1.7M | $870K | 13.3% |
| 445110 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 2 | $500K | $250K | 13.3% |
| 811310 | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | 1 | $171K | $171K | 6.7% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 1 | $47K | $47K | 6.7% |
| 115112 | Soil Preparation, Planting, and Cultivating | 1 | $75K | $75K | 6.7% |
| 331210 | Iron and Steel Pipe and Tube Manufacturing from Purchased Steel | 1 | $929K | $929K | 6.7% |
| 621910 | Ambulance Services | 1 | $107K | $107K | 6.7% |
Geographic Distribution
SBA lending activity for Thayer County Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Nebraska (NE) | 12 | $1.3M | 80.0% |
| Minnesota (MN) | 1 | $929K | 6.7% |
| Colorado (CO) | 1 | $915K | 6.7% |
| Michigan (MI) | 1 | $825K | 6.7% |
Why Choose Thayer County Bank?
Based on SBA 7(a) lending track record from 1992-2019
- ✓Proven Track Record: 15 SBA loans approved, totaling $4.0M in financing
- ✓Industry Expertise: Specialized focus on Offices of Dentists, Supermarkets and Other Grocery Retailers (except Convenience Retailers), Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
- ✓Competitive Terms: Average interest rate of 5.86% with flexible term lengths averaging 139 months
- ✓Loan Range: Loan sizes from $32K to $929K, with an average of $267K
- ✓Nationwide Reach: Active lending in 4 states, with strong presence in NE, MN, MI
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 Thayer County Bank SBA lending
What types of businesses does Thayer County Bank typically finance?
Thayer County Bank specializes in SBA 7(a) lending to specific industries including offices of dentists, supermarkets and other grocery retailers (except convenience retailers), commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance, drycleaning and laundry services (except coin-operated). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Thayer County Bank's typical SBA loan terms?
Thayer County Bank's SBA 7(a) loans typically feature an average interest rate of 5.86% and average term length of 139 months (approximately 12 years). Loan sizes range from $32K to $929K, with an average loan size of $267K.
Do I need a business valuation for a Thayer County Bank SBA loan?
Yes, Thayer County 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 Thayer County Bank compare to other SBA lenders?
Thayer County Bank has originated 15 SBA loans totaling $4.0M 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 Thayer County Bank lend in?
Thayer County Bank provides SBA 7(a) financing with particularly strong presence in NE, MN, MI, CO. 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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