Union Bank & Trust Company
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Union Bank & Trust Company · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 113310 | Logging | 3 | $690K | $230K | 6.7% |
| 424490 | Other Grocery and Related Products Merchant Wholesalers | 1 | $120K | $120K | 2.2% |
| 811310 | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | 1 | $55K | $55K | 2.2% |
| 112340 | Poultry Hatcheries | 1 | $360K | $360K | 2.2% |
| 624410 | Child Care Services | 1 | $60K | $60K | 2.2% |
| 424990 | Other Miscellaneous Nondurable Goods Merchant Wholesalers | 1 | $148K | $148K | 2.2% |
| 112320 | Broilers and Other Meat Type Chicken Production | 1 | $126K | $126K | 2.2% |
| 441120 | Used Car Dealers | 1 | $80K | $80K | 2.2% |
| 115112 | Soil Preparation, Planting, and Cultivating | 1 | $112K | $112K | 2.2% |
| 112310 | Chicken Egg Production | 1 | $169K | $169K | 2.2% |
Geographic Distribution
SBA lending activity for Union Bank & Trust Company by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Arkansas (AR) | 42 | $4.7M | 93.3% |
| Nebraska (NE) | 1 | $350K | 2.2% |
| Tennessee (TN) | 2 | $130K | 4.4% |
Why Choose Union Bank & Trust Company?
Based on SBA 7(a) lending track record from 1991-2016
- ✓Proven Track Record: 45 SBA loans approved, totaling $5.2M in financing
- ✓Industry Expertise: Specialized focus on Logging, Other Grocery and Related Products Merchant Wholesalers, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
- ✓Competitive Terms: Average interest rate of 6.25% with flexible term lengths averaging 102 months
- ✓Loan Range: Loan sizes from $10K to $530K, with an average of $116K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in AR, TN, NE
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 Union Bank & Trust Company SBA lending
What types of businesses does Union Bank & Trust Company typically finance?
Union Bank & Trust Company specializes in SBA 7(a) lending to specific industries including logging, other grocery and related products merchant wholesalers, commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance, poultry hatcheries. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Union Bank & Trust Company's typical SBA loan terms?
Union Bank & Trust Company's SBA 7(a) loans typically feature an average interest rate of 6.25% and average term length of 102 months (approximately 9 years). Loan sizes range from $10K to $530K, with an average loan size of $116K.
Do I need a business valuation for a Union Bank & Trust Company SBA loan?
Yes, Union Bank & Trust Company 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 Union Bank & Trust Company compare to other SBA lenders?
Union Bank & Trust Company has originated 45 SBA loans totaling $5.2M since 1991. 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 Union Bank & Trust Company lend in?
Union Bank & Trust Company provides SBA 7(a) financing with particularly strong presence in AR, TN, NE. 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?
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