The Citizens National Bank of Paris
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The Citizens National Bank of Paris · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 721110 | Hotels (except Casino Hotels) and Motels | 4 | $3.3M | $829K | 14.3% |
| 238320 | Painting and Wall Covering Contractors | 2 | $380K | $190K | 7.1% |
| 113310 | Logging | 2 | $145K | $73K | 7.1% |
| 441110 | New Car Dealers | 2 | $2.1M | $1.0M | 7.1% |
| 541921 | Photography Studios, Portrait | 1 | $110K | $110K | 3.6% |
| 541513 | Computer Facilities Management Services | 1 | $320K | $320K | 3.6% |
| 111419 | Other Food Crops Grown Under Cover | 1 | $65K | $65K | 3.6% |
| 812210 | Funeral Homes and Funeral Services | 1 | $248K | $248K | 3.6% |
| 238990 | All Other Specialty Trade Contractors | 1 | $279K | $279K | 3.6% |
| 321113 | Sawmills | 1 | $1.3M | $1.3M | 3.6% |
Geographic Distribution
SBA lending activity for The Citizens National Bank of Paris by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Indiana (IN) | 17 | $7.6M | 60.7% |
| Illinois (IL) | 11 | $2.9M | 39.3% |
Why Choose The Citizens National Bank of Paris?
Based on SBA 7(a) lending track record from 1996-2012
- ✓Proven Track Record: 28 SBA loans approved, totaling $10.5M in financing
- ✓Industry Expertise: Specialized focus on Hotels (except Casino Hotels) and Motels, Painting and Wall Covering Contractors, Logging
- ✓Competitive Terms: Average interest rate of 6.04% with flexible term lengths averaging 121 months
- ✓Loan Range: Loan sizes from $17K to $1.4M, with an average of $376K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in IN, 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 Citizens National Bank of Paris SBA lending
What types of businesses does The Citizens National Bank of Paris typically finance?
The Citizens National Bank of Paris specializes in SBA 7(a) lending to specific industries including hotels (except casino hotels) and motels, painting and wall covering contractors, logging, new car dealers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The Citizens National Bank of Paris's typical SBA loan terms?
The Citizens National Bank of Paris's SBA 7(a) loans typically feature an average interest rate of 6.04% and average term length of 121 months (approximately 10 years). Loan sizes range from $17K to $1.4M, with an average loan size of $376K.
Do I need a business valuation for a The Citizens National Bank of Paris SBA loan?
Yes, The Citizens National Bank of Paris 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 Citizens National Bank of Paris compare to other SBA lenders?
The Citizens National Bank of Paris has originated 28 SBA loans totaling $10.5M since 1996. 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 Citizens National Bank of Paris lend in?
The Citizens National Bank of Paris provides SBA 7(a) financing with particularly strong presence in IN, 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.
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