The Vinton County National Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The Vinton County National Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 561730 | Landscaping Services | 3 | $436K | $145K | 7.0% |
| 621310 | Offices of Chiropractors | 2 | $67K | $33K | 4.7% |
| 624410 | Child Care Services | 2 | $236K | $118K | 4.7% |
| 722513 | Limited-Service Restaurants | 2 | $1.9M | $974K | 4.7% |
| 321918 | Other Millwork (including Flooring) | 2 | $136K | $68K | 4.7% |
| 562111 | Solid Waste Collection | 1 | $200K | $200K | 2.3% |
| 423310 | Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers | 1 | $350K | $350K | 2.3% |
| 713990 | All Other Amusement and Recreation Industries | 1 | $35K | $35K | 2.3% |
| 236115 | New Single-Family Housing Construction (except For-Sale Builders) | 1 | $150K | $150K | 2.3% |
| 484121 | General Freight Trucking, Long-Distance, Truckload | 1 | $115K | $115K | 2.3% |
Geographic Distribution
SBA lending activity for The Vinton County National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Ohio (OH) | 43 | $8.3M | 100.0% |
Why Choose The Vinton County National Bank?
Based on SBA 7(a) lending track record from 1999-2023
- ✓Proven Track Record: 43 SBA loans approved, totaling $8.3M in financing
- ✓Industry Expertise: Specialized focus on Landscaping Services, Offices of Chiropractors, Child Care Services
- ✓Competitive Terms: Average interest rate of 6.14% with flexible term lengths averaging 84 months
- ✓Loan Range: Loan sizes from $23K to $1.8M, with an average of $192K
- ✓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 Vinton County National Bank SBA lending
What types of businesses does The Vinton County National Bank typically finance?
The Vinton County National Bank specializes in SBA 7(a) lending to specific industries including landscaping services, offices of chiropractors, child care services, limited-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The Vinton County National Bank's typical SBA loan terms?
The Vinton County National Bank's SBA 7(a) loans typically feature an average interest rate of 6.14% and average term length of 84 months (approximately 7 years). Loan sizes range from $23K to $1.8M, with an average loan size of $192K.
Do I need a business valuation for a The Vinton County National Bank SBA loan?
Yes, The Vinton County National 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 Vinton County National Bank compare to other SBA lenders?
The Vinton County National Bank has originated 43 SBA loans totaling $8.3M since 1999. 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 Vinton County National Bank lend in?
The Vinton County National 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.
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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