The Commercial and Savings Bank of Millersburg, Ohio
SBA 7(a) Lending Profile · FY 2025 analysis
Industry Focus
Top industries served by The Commercial and Savings Bank of Millersburg, Ohio
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 321113 | Sawmills | 32 | $20.0M | $625K | 28.6% |
| 722320 | Caterers | 16 | $4.4M | $275K | 14.3% |
| 722511 | Full-Service Restaurants | 16 | $3.4M | $213K | 14.3% |
| 484121 | General Freight Trucking, Long Distance, Truckload | 16 | $42.2M | $2.6M | 14.3% |
| 332710 | Machine Shops | 16 | $7.2M | $448K | 14.3% |
| 446110 | Pharmacies and Drug Stores | 8 | $7.2M | $900K | 7.1% |
| 711120 | Dance Companies | 8 | $80K | $10K | 7.1% |
Geographic Distribution
SBA lending activity for The Commercial and Savings Bank of Millersburg, Ohio by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Ohio (OH) | 112 | $84.5M | 100.0% |
Why Choose The Commercial and Savings Bank of Millersburg, Ohio?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 112 SBA loans approved, totaling $84.5M in financing
- ✓Industry Expertise: Specialized focus on Sawmills, Caterers, Full-Service Restaurants
- ✓Competitive Terms: Average interest rate of 6.24% with flexible term lengths averaging 73 months
- ✓Loan Range: Loan sizes from $10K to $5.0M, with an average of $754K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in OH
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 Commercial and Savings Bank of Millersburg, Ohio SBA lending
What types of businesses does The Commercial and Savings Bank of Millersburg, Ohio typically finance?
The Commercial and Savings Bank of Millersburg, Ohio specializes in SBA 7(a) lending to specific industries including sawmills, caterers, full-service restaurants, general freight trucking, long distance, truckload. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The Commercial and Savings Bank of Millersburg, Ohio's typical SBA loan terms?
The Commercial and Savings Bank of Millersburg, Ohio's SBA 7(a) loans typically feature an average interest rate of 6.24% and average term length of 73 months (approximately 6 years). Loan sizes range from $10K to $5.0M, with an average loan size of $754K.
Do I need a business valuation for a The Commercial and Savings Bank of Millersburg, Ohio SBA loan?
Yes, The Commercial and Savings Bank of Millersburg, Ohio 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 Commercial and Savings Bank of Millersburg, Ohio compare to other SBA lenders?
The Commercial and Savings Bank of Millersburg, Ohio has originated 112 SBA loans totaling $84.5M 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 Commercial and Savings Bank of Millersburg, Ohio lend in?
The Commercial and Savings Bank of Millersburg, Ohio provides SBA 7(a) financing with particularly strong presence in OH. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
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