Triad Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Triad Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 4 | $1.6M | $394K | 30.8% |
| 812199 | Other Personal Care Services | 3 | $2.1M | $698K | 23.1% |
| 237310 | Highway, Street, and Bridge Construction | 1 | $750K | $750K | 7.7% |
| 326199 | All Other Plastics Product Manufacturing | 1 | $500K | $500K | 7.7% |
| 621512 | Diagnostic Imaging Centers | 1 | $775K | $775K | 7.7% |
| 561320 | Temporary Help Services | 1 | $731K | $731K | 7.7% |
Geographic Distribution
SBA lending activity for Triad Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Missouri (MO) | 13 | $7.7M | 100.0% |
Why Choose Triad Bank?
Based on SBA 7(a) lending track record from 2009-2016
- ✓Proven Track Record: 13 SBA loans approved, totaling $7.7M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Other Personal Care Services, Highway, Street, and Bridge Construction
- ✓Competitive Terms: Average interest rate of 5.98% with flexible term lengths averaging 103 months
- ✓Loan Range: Loan sizes from $321K to $929K, with an average of $592K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MO
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 Triad Bank SBA lending
What types of businesses does Triad Bank typically finance?
Triad Bank specializes in SBA 7(a) lending to specific industries including limited-service restaurants, other personal care services, highway, street, and bridge construction, all other plastics product manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Triad Bank's typical SBA loan terms?
Triad Bank's SBA 7(a) loans typically feature an average interest rate of 5.98% and average term length of 103 months (approximately 9 years). Loan sizes range from $321K to $929K, with an average loan size of $592K.
Do I need a business valuation for a Triad Bank SBA loan?
Yes, Triad 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 Triad Bank compare to other SBA lenders?
Triad Bank has originated 13 SBA loans totaling $7.7M since 2009. 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 Triad Bank lend in?
Triad Bank provides SBA 7(a) financing with particularly strong presence in MO. 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.