The Hocking Valley Bank
SBA 7(a) Lending Profile · FY 2022 analysis
Industry Focus
Top industries served by The Hocking Valley Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722410 | Drinking Places (Alcoholic Beverages) | 16 | $38.0M | $2.4M | 40.0% |
| 312120 | Breweries | 8 | $3.9M | $486K | 20.0% |
| 621320 | Offices of Optometrists | 8 | $10.8M | $1.4M | 20.0% |
| 531390 | Other Activities Related to Real Estate | 8 | $13.2M | $1.6M | 20.0% |
Geographic Distribution
SBA lending activity for The Hocking Valley Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Ohio (OH) | 40 | $65.8M | 100.0% |
Why Choose The Hocking Valley Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 40 SBA loans approved, totaling $65.8M in financing
- ✓Industry Expertise: Specialized focus on Drinking Places (Alcoholic Beverages), Breweries, Offices of Optometrists
- ✓Competitive Terms: Average interest rate of 7.50% with flexible term lengths averaging 161 months
- ✓Loan Range: Loan sizes from $225K to $4.5M, with an average of $1.6M
- ✓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 Hocking Valley Bank SBA lending
What types of businesses does The Hocking Valley Bank typically finance?
The Hocking Valley Bank specializes in SBA 7(a) lending to specific industries including drinking places (alcoholic beverages), breweries, offices of optometrists, other activities related to real estate. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The Hocking Valley Bank's typical SBA loan terms?
The Hocking Valley Bank's SBA 7(a) loans typically feature an average interest rate of 7.50% and average term length of 161 months (approximately 13 years). Loan sizes range from $225K to $4.5M, with an average loan size of $1.6M.
Do I need a business valuation for a The Hocking Valley Bank SBA loan?
Yes, The Hocking Valley 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 Hocking Valley Bank compare to other SBA lenders?
The Hocking Valley Bank has originated 40 SBA loans totaling $65.8M 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 Hocking Valley Bank lend in?
The Hocking Valley Bank 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
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.
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Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
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