Traditional Bank, Inc.
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Traditional Bank, Inc.
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811490 | Other Personal and Household Goods Repair and Maintenance | 16 | $1.2M | $75K | 40.0% |
| 541219 | Other Accounting Services | 8 | $3.5M | $440K | 20.0% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 8 | $2.6M | $324K | 20.0% |
| 722410 | Drinking Places (Alcoholic Beverages) | 8 | $2.6M | $331K | 20.0% |
Geographic Distribution
SBA lending activity for Traditional Bank, Inc. by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Kentucky (KY) | 40 | $10.0M | 100.0% |
Why Choose Traditional Bank, Inc.?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 40 SBA loans approved, totaling $10.0M in financing
- ✓Industry Expertise: Specialized focus on Other Personal and Household Goods Repair and Maintenance, Other Accounting Services, Plumbing, Heating, and Air-Conditioning Contractors
- ✓Competitive Terms: Average interest rate of 8.90% with flexible term lengths averaging 120 months
- ✓Loan Range: Loan sizes from $57K to $440K, with an average of $249K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in KY
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 Traditional Bank, Inc. SBA lending
What types of businesses does Traditional Bank, Inc. typically finance?
Traditional Bank, Inc. specializes in SBA 7(a) lending to specific industries including other personal and household goods repair and maintenance, other accounting services, plumbing, heating, and air-conditioning contractors, drinking places (alcoholic beverages). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Traditional Bank, Inc.'s typical SBA loan terms?
Traditional Bank, Inc.'s SBA 7(a) loans typically feature an average interest rate of 8.90% and average term length of 120 months (approximately 10 years). Loan sizes range from $57K to $440K, with an average loan size of $249K.
Do I need a business valuation for a Traditional Bank, Inc. SBA loan?
Yes, Traditional Bank, Inc. 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 Traditional Bank, Inc. compare to other SBA lenders?
Traditional Bank, Inc. has originated 40 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 Traditional Bank, Inc. lend in?
Traditional Bank, Inc. provides SBA 7(a) financing with particularly strong presence in KY. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
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