United American Bank of Memphis
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by United American Bank of Memphis · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|
Geographic Distribution
SBA lending activity for United American Bank of Memphis by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Tennessee (TN) | 12 | $3.1M | 100.0% |
Why Choose United American Bank of Memphis?
Based on SBA 7(a) lending track record from 1992-1997
- ✓Proven Track Record: 12 SBA loans approved, totaling $3.1M in financing
- ✓Industry Expertise: Specialized focus on
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 167 months
- ✓Loan Range: Loan sizes from $25K to $1.0M, with an average of $255K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in TN
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 United American Bank of Memphis SBA lending
What types of businesses does United American Bank of Memphis typically finance?
United American Bank of Memphis specializes in SBA 7(a) lending to specific industries including . They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are United American Bank of Memphis's typical SBA loan terms?
United American Bank of Memphis's SBA 7(a) loans typically feature an average interest rate of — and average term length of 167 months (approximately 14 years). Loan sizes range from $25K to $1.0M, with an average loan size of $255K.
Do I need a business valuation for a United American Bank of Memphis SBA loan?
Yes, United American Bank of Memphis 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 United American Bank of Memphis compare to other SBA lenders?
United American Bank of Memphis has originated 12 SBA loans totaling $3.1M since 1992. 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 United American Bank of Memphis lend in?
United American Bank of Memphis provides SBA 7(a) financing with particularly strong presence in TN. 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.