Twin City Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Twin City Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 484110 | General Freight Trucking, Local | 6 | $1.3M | $214K | 3.9% |
| 621210 | Offices of Dentists | 5 | $953K | $191K | 3.2% |
| 113310 | Logging | 5 | $329K | $66K | 3.2% |
| 332322 | Sheet Metal Work Manufacturing | 5 | $1.4M | $283K | 3.2% |
| 812910 | Pet Care (except Veterinary) Services | 4 | $1.5M | $373K | 2.6% |
| 713950 | Bowling Centers | 4 | $1.2M | $312K | 2.6% |
| 621310 | Offices of Chiropractors | 3 | $215K | $72K | 1.9% |
| 336214 | Travel Trailer and Camper Manufacturing | 3 | $510K | $170K | 1.9% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 3 | $775K | $258K | 1.9% |
| 484220 | Specialized Freight (except Used Goods) Trucking, Local | 2 | $80K | $40K | 1.3% |
Geographic Distribution
SBA lending activity for Twin City Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Washington (WA) | 129 | $27.5M | 83.8% |
| Oregon (OR) | 13 | $2.8M | 8.4% |
| New Jersey (NJ) | 2 | $900K | 1.3% |
| California (CA) | 4 | $841K | 2.6% |
| Virginia (VA) | 2 | $741K | 1.3% |
| Missouri (MO) | 1 | $400K | 0.6% |
| Illinois (IL) | 1 | $388K | 0.6% |
| Ohio (OH) | 1 | $375K | 0.6% |
| Alaska (AK) | 1 | $200K | 0.6% |
Why Choose Twin City Bank?
Based on SBA 7(a) lending track record from 2000-2016
- ✓Proven Track Record: 154 SBA loans approved, totaling $34.1M in financing
- ✓Industry Expertise: Specialized focus on General Freight Trucking, Local, Offices of Dentists, Logging
- ✓Competitive Terms: Average interest rate of 5.97% with flexible term lengths averaging 101 months
- ✓Loan Range: Loan sizes from $10K to $2.0M, with an average of $222K
- ✓Nationwide Reach: Active lending in 9 states, with strong presence in WA, OR, CA
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 Twin City Bank SBA lending
What types of businesses does Twin City Bank typically finance?
Twin City Bank specializes in SBA 7(a) lending to specific industries including general freight trucking, local, offices of dentists, logging, sheet metal work manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Twin City Bank's typical SBA loan terms?
Twin City Bank's SBA 7(a) loans typically feature an average interest rate of 5.97% and average term length of 101 months (approximately 8 years). Loan sizes range from $10K to $2.0M, with an average loan size of $222K.
Do I need a business valuation for a Twin City Bank SBA loan?
Yes, Twin City 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 Twin City Bank compare to other SBA lenders?
Twin City Bank has originated 154 SBA loans totaling $34.1M since 2000. 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 Twin City Bank lend in?
Twin City Bank provides SBA 7(a) financing with particularly strong presence in WA, OR, CA, VA, NJ. 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.