The Security National Bank of Enid
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The Security National Bank of Enid
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 332721 | Precision Turned Product Manufacturing | 8 | $2.4M | $300K | 100.0% |
Geographic Distribution
SBA lending activity for The Security National Bank of Enid by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Oklahoma (OK) | 8 | $2.4M | 100.0% |
Why Choose The Security National Bank of Enid?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 8 SBA loans approved, totaling $2.4M in financing
- ✓Industry Expertise: Specialized focus on Precision Turned Product Manufacturing
- ✓Competitive Terms: Average interest rate of 5.75% with flexible term lengths averaging 96 months
- ✓Loan Range: Loan sizes from $300K to $300K, with an average of $300K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in OK
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 Security National Bank of Enid SBA lending
What types of businesses does The Security National Bank of Enid typically finance?
The Security National Bank of Enid specializes in SBA 7(a) lending to specific industries including precision turned product manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The Security National Bank of Enid's typical SBA loan terms?
The Security National Bank of Enid's SBA 7(a) loans typically feature an average interest rate of 5.75% and average term length of 96 months (approximately 8 years). Loan sizes range from $300K to $300K, with an average loan size of $300K.
Do I need a business valuation for a The Security National Bank of Enid SBA loan?
Yes, The Security National Bank of Enid 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 Security National Bank of Enid compare to other SBA lenders?
The Security National Bank of Enid has originated 8 SBA loans totaling $2.4M 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 Security National Bank of Enid lend in?
The Security National Bank of Enid provides SBA 7(a) financing with particularly strong presence in OK. 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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