The Bank of Brodhead
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The Bank of Brodhead
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621310 | Offices of Chiropractors | 16 | $3.9M | $244K | 40.0% |
| 311811 | Retail Bakeries | 8 | $200K | $25K | 20.0% |
| 624410 | Child Day Care Services | 8 | $1.9M | $240K | 20.0% |
| 333241 | Food Product Machinery Manufacturing | 8 | $560K | $70K | 20.0% |
Geographic Distribution
SBA lending activity for The Bank of Brodhead by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Wisconsin (WI) | 32 | $4.7M | 80.0% |
| Illinois (IL) | 8 | $1.9M | 20.0% |
Why Choose The Bank of Brodhead?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 40 SBA loans approved, totaling $6.6M in financing
- ✓Industry Expertise: Specialized focus on Offices of Chiropractors, Retail Bakeries, Child Day Care Services
- ✓Competitive Terms: Average interest rate of 7.23% with flexible term lengths averaging 70 months
- ✓Loan Range: Loan sizes from $25K to $248K, with an average of $165K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in WI, IL
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 Bank of Brodhead SBA lending
What types of businesses does The Bank of Brodhead typically finance?
The Bank of Brodhead specializes in SBA 7(a) lending to specific industries including offices of chiropractors, retail bakeries, child day care services, food product machinery manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The Bank of Brodhead's typical SBA loan terms?
The Bank of Brodhead's SBA 7(a) loans typically feature an average interest rate of 7.23% and average term length of 70 months (approximately 6 years). Loan sizes range from $25K to $248K, with an average loan size of $165K.
Do I need a business valuation for a The Bank of Brodhead SBA loan?
Yes, The Bank of Brodhead 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 Bank of Brodhead compare to other SBA lenders?
The Bank of Brodhead has originated 40 SBA loans totaling $6.6M 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 Bank of Brodhead lend in?
The Bank of Brodhead provides SBA 7(a) financing with particularly strong presence in WI, IL. 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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