The National Bank of Andrews
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The National Bank of Andrews · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 213112 | Support Activities for Oil and Gas Operations | 3 | $375K | $125K | 16.7% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 1 | $25K | $25K | 5.6% |
| 213111 | Drilling Oil and Gas Wells | 1 | $65K | $65K | 5.6% |
Geographic Distribution
SBA lending activity for The National Bank of Andrews by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 18 | $1.7M | 100.0% |
Why Choose The National Bank of Andrews?
Based on SBA 7(a) lending track record from 1994-2003
- ✓Proven Track Record: 18 SBA loans approved, totaling $1.7M in financing
- ✓Industry Expertise: Specialized focus on Support Activities for Oil and Gas Operations, Automotive Body, Paint, and Interior Repair and Maintenance, Drilling Oil and Gas Wells
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 97 months
- ✓Loan Range: Loan sizes from $15K to $410K, with an average of $97K
- ✓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 National Bank of Andrews SBA lending
What types of businesses does The National Bank of Andrews typically finance?
The National Bank of Andrews specializes in SBA 7(a) lending to specific industries including support activities for oil and gas operations, automotive body, paint, and interior repair and maintenance, drilling oil and gas wells. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The National Bank of Andrews's typical SBA loan terms?
The National Bank of Andrews's SBA 7(a) loans typically feature an average interest rate of — and average term length of 97 months (approximately 8 years). Loan sizes range from $15K to $410K, with an average loan size of $97K.
Do I need a business valuation for a The National Bank of Andrews SBA loan?
Yes, The National Bank of Andrews 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 National Bank of Andrews compare to other SBA lenders?
The National Bank of Andrews has originated 18 SBA loans totaling $1.7M since 1994. 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 National Bank of Andrews lend in?
The National Bank of Andrews 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.
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