The City National Bank of Colorado City
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The City National Bank of Colorado City
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621310 | Offices of Chiropractors | 8 | $800K | $100K | 50.0% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 8 | $858K | $107K | 50.0% |
Geographic Distribution
SBA lending activity for The City National Bank of Colorado City by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 16 | $1.7M | 100.0% |
Why Choose The City National Bank of Colorado City?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 16 SBA loans approved, totaling $1.7M in financing
- ✓Industry Expertise: Specialized focus on Offices of Chiropractors, Snack and Nonalcoholic Beverage Bars
- ✓Competitive Terms: Average interest rate of 8.50% with flexible term lengths averaging 50 months
- ✓Loan Range: Loan sizes from $100K to $107K, with an average of $104K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in TX
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 City National Bank of Colorado City SBA lending
What types of businesses does The City National Bank of Colorado City typically finance?
The City National Bank of Colorado City specializes in SBA 7(a) lending to specific industries including offices of chiropractors, snack and nonalcoholic beverage bars. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The City National Bank of Colorado City's typical SBA loan terms?
The City National Bank of Colorado City's SBA 7(a) loans typically feature an average interest rate of 8.50% and average term length of 50 months (approximately 4 years). Loan sizes range from $100K to $107K, with an average loan size of $104K.
Do I need a business valuation for a The City National Bank of Colorado City SBA loan?
Yes, The City National Bank of Colorado City 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 City National Bank of Colorado City compare to other SBA lenders?
The City National Bank of Colorado City has originated 16 SBA loans totaling $1.7M 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 The City National Bank of Colorado City lend in?
The City National Bank of Colorado City provides SBA 7(a) financing with particularly strong presence in TX. 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.
Get your certified valuation from Fair Market Value.