The Claxton Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The Claxton Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 721110 | Hotels (except Casino Hotels) and Motels | 2 | $5.1M | $2.5M | 15.4% |
| 811310 | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | 1 | $197K | $197K | 7.7% |
| 624410 | Child Care Services | 1 | $700K | $700K | 7.7% |
| 441110 | New Car Dealers | 1 | $272K | $272K | 7.7% |
| 713950 | Bowling Centers | 1 | $5.0M | $5.0M | 7.7% |
| 713110 | Amusement and Theme Parks | 1 | $5.0M | $5.0M | 7.7% |
Geographic Distribution
SBA lending activity for The Claxton Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Georgia (GA) | 13 | $20.5M | 100.0% |
Why Choose The Claxton Bank?
Based on SBA 7(a) lending track record from 1993-2017
- ✓Proven Track Record: 13 SBA loans approved, totaling $20.5M in financing
- ✓Industry Expertise: Specialized focus on Hotels (except Casino Hotels) and Motels, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Child Care Services
- ✓Competitive Terms: Average interest rate of 5.47% with flexible term lengths averaging 211 months
- ✓Loan Range: Loan sizes from $150K to $5.0M, with an average of $1.6M
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in GA
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 Claxton Bank SBA lending
What types of businesses does The Claxton Bank typically finance?
The Claxton Bank specializes in SBA 7(a) lending to specific industries including hotels (except casino hotels) and motels, commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance, child care services, new car dealers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The Claxton Bank's typical SBA loan terms?
The Claxton Bank's SBA 7(a) loans typically feature an average interest rate of 5.47% and average term length of 211 months (approximately 18 years). Loan sizes range from $150K to $5.0M, with an average loan size of $1.6M.
Do I need a business valuation for a The Claxton Bank SBA loan?
Yes, The Claxton Bank 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 Claxton Bank compare to other SBA lenders?
The Claxton Bank has originated 13 SBA loans totaling $20.5M since 1993. 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 Claxton Bank lend in?
The Claxton Bank provides SBA 7(a) financing with particularly strong presence in GA. 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.
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