United Bank of Union
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by United Bank of Union
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 16 | $8.0M | $503K | 7.1% |
| 722511 | Full-Service Restaurants | 8 | $3.2M | $400K | 3.6% |
| 333415 | Air-Conditioning and Warm Air Heating Equipment and Commercial and Ind | 8 | $2.4M | $300K | 3.6% |
| 238150 | Glass and Glazing Contractors | 8 | $2.7M | $337K | 3.6% |
| 621610 | Home Health Care Services | 8 | $560K | $70K | 3.6% |
| 333414 | Heating Equipment (except Warm Air Furnaces) Manufacturing | 8 | $7.4M | $920K | 3.6% |
| 237130 | Power and Communication Line and Related Structures Construction | 8 | $1.5M | $188K | 3.6% |
| 423910 | Sporting and Recreational Goods and Supplies Merchant Wholesalers | 8 | $1.1M | $140K | 3.6% |
| 238210 | Electrical Contractors | 8 | $1.4M | $180K | 3.6% |
| 722330 | Mobile Food Services | 8 | $720K | $90K | 3.6% |
Geographic Distribution
SBA lending activity for United Bank of Union by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Missouri (MO) | 216 | $74.9M | 96.4% |
| Arizona (AZ) | 8 | $560K | 3.6% |
Why Choose United Bank of Union?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 224 SBA loans approved, totaling $75.5M in financing
- ✓Industry Expertise: Specialized focus on Automotive Body, Paint, and Interior Repair and Maintenance, Full-Service Restaurants, Air-Conditioning and Warm Air Heating Equipment and Commercial and Ind
- ✓Competitive Terms: Average interest rate of 8.33% with flexible term lengths averaging 160 months
- ✓Loan Range: Loan sizes from $37K to $1.4M, with an average of $337K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in MO, AZ
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 Bank of Union SBA lending
What types of businesses does United Bank of Union typically finance?
United Bank of Union specializes in SBA 7(a) lending to specific industries including automotive body, paint, and interior repair and maintenance, full-service restaurants, air-conditioning and warm air heating equipment and commercial and ind, glass and glazing contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are United Bank of Union's typical SBA loan terms?
United Bank of Union's SBA 7(a) loans typically feature an average interest rate of 8.33% and average term length of 160 months (approximately 13 years). Loan sizes range from $37K to $1.4M, with an average loan size of $337K.
Do I need a business valuation for a United Bank of Union SBA loan?
Yes, United Bank of Union 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 Bank of Union compare to other SBA lenders?
United Bank of Union has originated 224 SBA loans totaling $75.5M 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 United Bank of Union lend in?
United Bank of Union provides SBA 7(a) financing with particularly strong presence in MO, AZ. 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.