The City National Bank of Sulphur Springs
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The City National Bank of Sulphur Springs · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 238210 | Electrical Contractors and Other Wiring Installation Contractors | 2 | $504K | $252K | 11.1% |
| 332311 | Prefabricated Metal Building and Component Manufacturing | 2 | $569K | $285K | 11.1% |
| 541611 | Administrative Management and General Management Consulting Services | 1 | $100K | $100K | 5.6% |
| 423910 | Sporting and Recreational Goods and Supplies Merchant Wholesalers | 1 | $1.1M | $1.1M | 5.6% |
| 713940 | Fitness and Recreational Sports Centers | 1 | $310K | $310K | 5.6% |
Geographic Distribution
SBA lending activity for The City National Bank of Sulphur Springs by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 18 | $3.2M | 100.0% |
Why Choose The City National Bank of Sulphur Springs?
Based on SBA 7(a) lending track record from 1991-2014
- ✓Proven Track Record: 18 SBA loans approved, totaling $3.2M in financing
- ✓Industry Expertise: Specialized focus on Electrical Contractors and Other Wiring Installation Contractors, Prefabricated Metal Building and Component Manufacturing, Administrative Management and General Management Consulting Services
- ✓Competitive Terms: Average interest rate of 6.29% with flexible term lengths averaging 119 months
- ✓Loan Range: Loan sizes from $12K to $1.1M, with an average of $179K
- ✓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 Sulphur Springs SBA lending
What types of businesses does The City National Bank of Sulphur Springs typically finance?
The City National Bank of Sulphur Springs specializes in SBA 7(a) lending to specific industries including electrical contractors and other wiring installation contractors, prefabricated metal building and component manufacturing, administrative management and general management consulting services, sporting and recreational goods and supplies merchant wholesalers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The City National Bank of Sulphur Springs's typical SBA loan terms?
The City National Bank of Sulphur Springs's SBA 7(a) loans typically feature an average interest rate of 6.29% and average term length of 119 months (approximately 10 years). Loan sizes range from $12K to $1.1M, with an average loan size of $179K.
Do I need a business valuation for a The City National Bank of Sulphur Springs SBA loan?
Yes, The City National Bank of Sulphur Springs 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 Sulphur Springs compare to other SBA lenders?
The City National Bank of Sulphur Springs has originated 18 SBA loans totaling $3.2M since 1991. 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 Sulphur Springs lend in?
The City National Bank of Sulphur Springs 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?
Certified valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.