United Bank & Trust Co
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by United Bank & Trust Co
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 453220 | Gift, Novelty, and Souvenir Stores | 8 | $1.0M | $131K | 33.3% |
| 115112 | Soil Preparation, Planting, and Cultivating | 8 | $5.1M | $639K | 33.3% |
| 722410 | Drinking Places (Alcoholic Beverages) | 8 | $1.4M | $180K | 33.3% |
Geographic Distribution
SBA lending activity for United Bank & Trust Co by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Iowa (IA) | 24 | $7.6M | 100.0% |
Why Choose United Bank & Trust Co?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 24 SBA loans approved, totaling $7.6M in financing
- ✓Industry Expertise: Specialized focus on Gift, Novelty, and Souvenir Stores, Soil Preparation, Planting, and Cultivating, Drinking Places (Alcoholic Beverages)
- ✓Competitive Terms: Average interest rate of 6.10% with flexible term lengths averaging 96 months
- ✓Loan Range: Loan sizes from $131K to $639K, with an average of $317K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in IA
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 & Trust Co SBA lending
What types of businesses does United Bank & Trust Co typically finance?
United Bank & Trust Co specializes in SBA 7(a) lending to specific industries including gift, novelty, and souvenir stores, soil preparation, planting, and cultivating, drinking places (alcoholic beverages). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are United Bank & Trust Co's typical SBA loan terms?
United Bank & Trust Co's SBA 7(a) loans typically feature an average interest rate of 6.10% and average term length of 96 months (approximately 8 years). Loan sizes range from $131K to $639K, with an average loan size of $317K.
Do I need a business valuation for a United Bank & Trust Co SBA loan?
Yes, United Bank & Trust Co 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 & Trust Co compare to other SBA lenders?
United Bank & Trust Co has originated 24 SBA loans totaling $7.6M 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 & Trust Co lend in?
United Bank & Trust Co provides SBA 7(a) financing with particularly strong presence in IA. 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.
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Professional valuations are often required for SBA loans over $250,000.
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