United Bank
SBA 7(a) Lending Profile · FY 2025 analysis
Industry Focus
Top industries served by United Bank · FY 2025
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811411 | Home and Garden Equipment Repair and Maintenance | 2 | $663K | $332K | 33.3% |
| 812199 | Other Personal Care Services | 1 | $350K | $350K | 16.7% |
| 621610 | Home Health Care Services | 1 | $213K | $213K | 16.7% |
| 445240 | Meat Retailers | 1 | $300K | $300K | 16.7% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 1 | $60K | $60K | 16.7% |
Geographic Distribution
SBA lending activity for United Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Alabama (AL) | 4 | $1.0M | 66.7% |
| Georgia (GA) | 1 | $350K | 16.7% |
| South Carolina (SC) | 1 | $213K | 16.7% |
Why Choose United Bank?
Based on SBA 7(a) lending track record in FY 2025
- ✓Proven Track Record: 6 SBA loans approved, totaling $1.6M in financing
- ✓Industry Expertise: Specialized focus on Home and Garden Equipment Repair and Maintenance, Other Personal Care Services, Home Health Care Services
- ✓Competitive Terms: Average interest rate of 8.49% with flexible term lengths averaging 146 months
- ✓Loan Range: Loan sizes from $60K to $464K, with an average of $264K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in AL, GA, SC
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 SBA lending
What types of businesses does United Bank typically finance?
United Bank specializes in SBA 7(a) lending to specific industries including home and garden equipment repair and maintenance, other personal care services, home health care services, meat retailers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are United Bank's typical SBA loan terms?
United Bank's SBA 7(a) loans typically feature an average interest rate of 8.49% and average term length of 146 months (approximately 12 years). Loan sizes range from $60K to $464K, with an average loan size of $264K.
Do I need a business valuation for a United Bank SBA loan?
Yes, United 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 United Bank compare to other SBA lenders?
United Bank has originated 6 SBA loans totaling $1.6M in FY 2025. 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 lend in?
United Bank provides SBA 7(a) financing with particularly strong presence in AL, GA, SC. 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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