The Lincoln National Bank of Hodgenville
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The Lincoln National Bank of Hodgenville · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 561730 | Landscaping Services | 2 | $49K | $24K | 11.8% |
| 713990 | All Other Amusement and Recreation Industries | 2 | $188K | $94K | 11.8% |
| 812990 | All Other Personal Services | 1 | $80K | $80K | 5.9% |
| 811111 | General Automotive Repair | 1 | $65K | $65K | 5.9% |
Geographic Distribution
SBA lending activity for The Lincoln National Bank of Hodgenville by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Kentucky (KY) | 17 | $1.3M | 100.0% |
Why Choose The Lincoln National Bank of Hodgenville?
Based on SBA 7(a) lending track record from 1998-2003
- ✓Proven Track Record: 17 SBA loans approved, totaling $1.3M in financing
- ✓Industry Expertise: Specialized focus on Landscaping Services, All Other Amusement and Recreation Industries, All Other Personal Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 78 months
- ✓Loan Range: Loan sizes from $10K to $275K, with an average of $74K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in KY
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 Lincoln National Bank of Hodgenville SBA lending
What types of businesses does The Lincoln National Bank of Hodgenville typically finance?
The Lincoln National Bank of Hodgenville specializes in SBA 7(a) lending to specific industries including landscaping services, all other amusement and recreation industries, all other personal services, general automotive repair. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The Lincoln National Bank of Hodgenville's typical SBA loan terms?
The Lincoln National Bank of Hodgenville's SBA 7(a) loans typically feature an average interest rate of — and average term length of 78 months (approximately 7 years). Loan sizes range from $10K to $275K, with an average loan size of $74K.
Do I need a business valuation for a The Lincoln National Bank of Hodgenville SBA loan?
Yes, The Lincoln National Bank of Hodgenville 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 Lincoln National Bank of Hodgenville compare to other SBA lenders?
The Lincoln National Bank of Hodgenville has originated 17 SBA loans totaling $1.3M since 1998. 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 Lincoln National Bank of Hodgenville lend in?
The Lincoln National Bank of Hodgenville provides SBA 7(a) financing with particularly strong presence in KY. 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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