Triad Business Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Triad Business Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 424490 | Other Grocery and Related Products Merchant Wholesalers | 8 | $23.2M | $2.9M | 16.7% |
| 611110 | Elementary and Secondary Schools | 8 | $10.6M | $1.3M | 16.7% |
| 541611 | Administrative Management and General Management Consulting Services | 8 | $2.0M | $245K | 16.7% |
| 561730 | Landscaping Services | 8 | $7.4M | $929K | 16.7% |
| 334310 | Audio and Video Equipment Manufacturing | 8 | $4.0M | $500K | 16.7% |
| 811122 | Automotive Glass Replacement Shops | 8 | $2.8M | $350K | 16.7% |
Geographic Distribution
SBA lending activity for Triad Business Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| North Carolina (NC) | 48 | $49.9M | 100.0% |
Why Choose Triad Business Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 48 SBA loans approved, totaling $49.9M in financing
- ✓Industry Expertise: Specialized focus on Other Grocery and Related Products Merchant Wholesalers, Elementary and Secondary Schools, Administrative Management and General Management Consulting Services
- ✓Competitive Terms: Average interest rate of 10.50% with flexible term lengths averaging 151 months
- ✓Loan Range: Loan sizes from $245K to $2.9M, with an average of $1.0M
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in NC
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 Business Bank SBA lending
What types of businesses does Triad Business Bank typically finance?
Triad Business Bank specializes in SBA 7(a) lending to specific industries including other grocery and related products merchant wholesalers, elementary and secondary schools, administrative management and general management consulting services, landscaping services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Triad Business Bank's typical SBA loan terms?
Triad Business Bank's SBA 7(a) loans typically feature an average interest rate of 10.50% and average term length of 151 months (approximately 13 years). Loan sizes range from $245K to $2.9M, with an average loan size of $1.0M.
Do I need a business valuation for a Triad Business Bank SBA loan?
Yes, Triad Business 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 Business Bank compare to other SBA lenders?
Triad Business Bank has originated 48 SBA loans totaling $49.9M 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 Triad Business Bank lend in?
Triad Business Bank provides SBA 7(a) financing with particularly strong presence in NC. 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.
Get your certified valuation from Fair Market Value.