The Ohio Valley Bank Company
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The Ohio Valley Bank Company
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 423830 | Industrial Machinery and Equipment Merchant Wholesalers | 8 | $10.0M | $1.3M | 100.0% |
Geographic Distribution
SBA lending activity for The Ohio Valley Bank Company by state
| State | Loans | Volume | Share |
|---|---|---|---|
| West Virginia (WV) | 8 | $10.0M | 100.0% |
Why Choose The Ohio Valley Bank Company?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 8 SBA loans approved, totaling $10.0M in financing
- ✓Industry Expertise: Specialized focus on Industrial Machinery and Equipment Merchant Wholesalers
- ✓Competitive Terms: Average interest rate of 10.50% with flexible term lengths averaging 132 months
- ✓Loan Range: Loan sizes from $1.3M to $1.3M, with an average of $1.3M
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in WV
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 Ohio Valley Bank Company SBA lending
What types of businesses does The Ohio Valley Bank Company typically finance?
The Ohio Valley Bank Company specializes in SBA 7(a) lending to specific industries including industrial machinery and equipment merchant wholesalers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The Ohio Valley Bank Company's typical SBA loan terms?
The Ohio Valley Bank Company's SBA 7(a) loans typically feature an average interest rate of 10.50% and average term length of 132 months (approximately 11 years). Loan sizes range from $1.3M to $1.3M, with an average loan size of $1.3M.
Do I need a business valuation for a The Ohio Valley Bank Company SBA loan?
Yes, The Ohio Valley Bank Company 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 Ohio Valley Bank Company compare to other SBA lenders?
The Ohio Valley Bank Company has originated 8 SBA loans totaling $10.0M 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 Ohio Valley Bank Company lend in?
The Ohio Valley Bank Company provides SBA 7(a) financing with particularly strong presence in WV. 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?
Professional valuations are often required for SBA loans over $250,000.
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