United Midwest Savings Bank National Association
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by United Midwest Savings Bank National Association
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 236118 | Residential Remodelers | 2,920 | $513.5M | $176K | 7.3% |
| 445132 | Other | 2,016 | $263.1M | $131K | 5.0% |
| 561720 | Janitorial Services | 2,000 | $316.2M | $158K | 5.0% |
| 621310 | Offices of Chiropractors | 1,752 | $615.2M | $351K | 4.4% |
| 561730 | Landscaping Services | 1,656 | $278.5M | $168K | 4.1% |
| 531311 | Residential Property Managers | 1,448 | $243.5M | $168K | 3.6% |
| 562910 | Remediation Services | 1,440 | $218.4M | $152K | 3.6% |
| 524210 | Insurance Agencies and Brokerages | 1,368 | $1.23B | $896K | 3.4% |
| 238320 | Painting and Wall Covering Contractors | 1,296 | $187.8M | $145K | 3.2% |
| 624120 | Services for the Elderly and Persons with Disabilities | 1,216 | $175.6M | $144K | 3.0% |
Geographic Distribution
SBA lending activity for United Midwest Savings Bank National Association by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 5,440 | $1.47B | 13.5% |
| Florida (FL) | 4,520 | $1.35B | 11.2% |
| Ohio (OH) | 1,728 | $1.09B | 4.3% |
| California (CA) | 2,800 | $1.02B | 7.0% |
| Georgia (GA) | 2,512 | $526.2M | 6.2% |
| North Carolina (NC) | 1,784 | $524.1M | 4.4% |
| Pennsylvania (PA) | 1,120 | $429.9M | 2.8% |
| New York (NY) | 1,040 | $396.1M | 2.6% |
| Virginia (VA) | 1,032 | $387.9M | 2.6% |
| Arizona (AZ) | 1,192 | $386.7M | 3.0% |
| Michigan (MI) | 1,144 | $381.5M | 2.8% |
| Illinois (IL) | 1,016 | $360.8M | 2.5% |
| Colorado (CO) | 1,176 | $353.0M | 2.9% |
| Indiana (IN) | 720 | $340.9M | 1.8% |
| Oregon (OR) | 568 | $333.7M | 1.4% |
| New Jersey (NJ) | 976 | $298.2M | 2.4% |
| Alabama (AL) | 672 | $275.4M | 1.7% |
| Tennessee (TN) | 1,136 | $273.4M | 2.8% |
| South Carolina (SC) | 1,072 | $270.4M | 2.7% |
| Washington (WA) | 680 | $260.4M | 1.7% |
| Maryland (MD) | 816 | $224.4M | 2.0% |
| Kentucky (KY) | 368 | $213.3M | 0.9% |
| Massachusetts (MA) | 632 | $199.4M | 1.6% |
| Wisconsin (WI) | 528 | $178.5M | 1.3% |
| Utah (UT) | 624 | $176.7M | 1.6% |
| Louisiana (LA) | 456 | $151.4M | 1.1% |
| Missouri (MO) | 472 | $142.1M | 1.2% |
| New Mexico (NM) | 216 | $123.4M | 0.5% |
| Nevada (NV) | 384 | $121.7M | 1.0% |
| Connecticut (CT) | 384 | $115.0M | 1.0% |
| Mississippi (MS) | 232 | $81.0M | 0.6% |
| Kansas (KS) | 352 | $73.5M | 0.9% |
| Arkansas (AR) | 216 | $70.4M | 0.5% |
| Minnesota (MN) | 392 | $67.4M | 1.0% |
| Iowa (IA) | 232 | $66.9M | 0.6% |
| Oklahoma (OK) | 288 | $60.0M | 0.7% |
| Wyoming (WY) | 56 | $56.7M | 0.1% |
| Vermont (VT) | 48 | $50.2M | 0.1% |
| Montana (MT) | 96 | $44.7M | 0.2% |
| New Hampshire (NH) | 136 | $36.3M | 0.3% |
| Idaho (ID) | 208 | $34.8M | 0.5% |
| Delaware (DE) | 112 | $29.4M | 0.3% |
| North Dakota (ND) | 48 | $26.5M | 0.1% |
| Nebraska (NE) | 144 | $24.7M | 0.4% |
| West Virginia (WV) | 64 | $22.2M | 0.2% |
| Alaska (AK) | 64 | $20.0M | 0.2% |
| Maine (ME) | 56 | $17.2M | 0.1% |
| Rhode Island (RI) | 48 | $16.7M | 0.1% |
| South Dakota (SD) | 104 | $15.8M | 0.3% |
| Hawaii (HI) | 56 | $8.2M | 0.1% |
| District of Columbia (DC) | 32 | $5.2M | 0.1% |
| VI (VI) | 8 | $2.4M | 0.0% |
Why Choose United Midwest Savings Bank National Association?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 40,200 SBA loans approved, totaling $13.20B in financing
- ✓Industry Expertise: Specialized focus on Residential Remodelers, Other, Janitorial Services
- ✓Competitive Terms: Average interest rate of 8.47% with flexible term lengths averaging 126 months
- ✓Loan Range: Loan sizes from $20K to $5.0M, with an average of $328K
- ✓Nationwide Reach: Active lending in 52 states, with strong presence in TX, FL, CA
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 Midwest Savings Bank National Association SBA lending
What types of businesses does United Midwest Savings Bank National Association typically finance?
United Midwest Savings Bank National Association specializes in SBA 7(a) lending to specific industries including residential remodelers, other, janitorial services, offices of chiropractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are United Midwest Savings Bank National Association's typical SBA loan terms?
United Midwest Savings Bank National Association's SBA 7(a) loans typically feature an average interest rate of 8.47% and average term length of 126 months (approximately 11 years). Loan sizes range from $20K to $5.0M, with an average loan size of $328K.
Do I need a business valuation for a United Midwest Savings Bank National Association SBA loan?
Yes, United Midwest Savings Bank National Association 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 Midwest Savings Bank National Association compare to other SBA lenders?
United Midwest Savings Bank National Association has originated 40,200 SBA loans totaling $13.20B 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 Midwest Savings Bank National Association lend in?
United Midwest Savings Bank National Association provides SBA 7(a) financing with particularly strong presence in TX, FL, CA, GA, NC. 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.
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