The Adirondack Trust Company
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The Adirondack Trust Company
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 88 | $5.1M | $58K | 11.8% |
| 722513 | Limited-Service Restaurants | 40 | $2.4M | $59K | 5.4% |
| 484110 | General Freight Trucking, Local | 32 | $2.3M | $73K | 4.3% |
| 561720 | Janitorial Services | 32 | $688K | $22K | 4.3% |
| 713940 | Fitness and Recreational Sports Centers | 24 | $2.7M | $112K | 3.2% |
| 621210 | Offices of Dentists | 24 | $7.2M | $300K | 3.2% |
| 532289 | Other | 16 | $400K | $25K | 2.2% |
| 459140 | Other | 16 | $136K | $9K | 2.2% |
| 522320 | Financial Transactions Processing, Reserve, and Clearinghouse Activiti | 16 | $480K | $30K | 2.2% |
| 541810 | Advertising Agencies | 16 | $2.4M | $150K | 2.2% |
Geographic Distribution
SBA lending activity for The Adirondack Trust Company by state
| State | Loans | Volume | Share |
|---|---|---|---|
| New York (NY) | 744 | $90.2M | 100.0% |
Why Choose The Adirondack Trust Company?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 744 SBA loans approved, totaling $90.2M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Limited-Service Restaurants, General Freight Trucking, Local
- ✓Competitive Terms: Average interest rate of 6.31% with flexible term lengths averaging 84 months
- ✓Loan Range: Loan sizes from $3K to $1.5M, with an average of $121K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in NY
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 The Adirondack Trust Company SBA lending
What types of businesses does The Adirondack Trust Company typically finance?
The Adirondack Trust Company specializes in SBA 7(a) lending to specific industries including full-service restaurants, limited-service restaurants, general freight trucking, local, janitorial services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The Adirondack Trust Company's typical SBA loan terms?
The Adirondack Trust Company's SBA 7(a) loans typically feature an average interest rate of 6.31% and average term length of 84 months (approximately 7 years). Loan sizes range from $3K to $1.5M, with an average loan size of $121K.
Do I need a business valuation for a The Adirondack Trust Company SBA loan?
Yes, The Adirondack Trust Company 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 The Adirondack Trust Company compare to other SBA lenders?
The Adirondack Trust Company has originated 744 SBA loans totaling $90.2M 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 The Adirondack Trust Company lend in?
The Adirondack Trust Company provides SBA 7(a) financing with particularly strong presence in 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.
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Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
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