TNBANK
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by TNBANK · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 541870 | Advertising Material Distribution Services | 1 | $150K | $150K | 33.3% |
| 611620 | Sports and Recreation Instruction | 1 | $140K | $140K | 33.3% |
Geographic Distribution
SBA lending activity for TNBANK by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Tennessee (TN) | 3 | $440K | 100.0% |
Why Choose TNBANK?
Based on SBA 7(a) lending track record from 1999-2009
- ✓Proven Track Record: 3 SBA loans approved, totaling $440K in financing
- ✓Industry Expertise: Specialized focus on Advertising Material Distribution Services, Sports and Recreation Instruction
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 86 months
- ✓Loan Range: Loan sizes from $140K to $150K, with an average of $147K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in TN
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 TNBANK SBA lending
What types of businesses does TNBANK typically finance?
TNBANK specializes in SBA 7(a) lending to specific industries including advertising material distribution services, sports and recreation instruction. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are TNBANK's typical SBA loan terms?
TNBANK's SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 86 months (approximately 7 years). Loan sizes range from $140K to $150K, with an average loan size of $147K.
Do I need a business valuation for a TNBANK SBA loan?
Yes, TNBANK 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 TNBANK compare to other SBA lenders?
TNBANK has originated 3 SBA loans totaling $440K 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 TNBANK lend in?
TNBANK provides SBA 7(a) financing with particularly strong presence in TN. 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.
Get your certified valuation from Fair Market Value.