Unity Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Unity Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 721110 | Hotels (except Casino Hotels) and Motels | 103 | $113.3M | $1.1M | 4.0% |
| 722511 | Full-Service Restaurants | 64 | $74.9M | $1.2M | 2.5% |
| 624410 | Child Care Services | 51 | $20.1M | $394K | 2.0% |
| 811111 | General Automotive Repair | 47 | $18.7M | $399K | 1.8% |
| 713940 | Fitness and Recreational Sports Centers | 41 | $26.4M | $644K | 1.6% |
| 811192 | Car Washes | 32 | $25.9M | $810K | 1.2% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 29 | $7.3M | $251K | 1.1% |
| 812112 | Beauty Salons | 29 | $6.9M | $239K | 1.1% |
| 722410 | Drinking Places (Alcoholic Beverages) | 27 | $11.0M | $406K | 1.1% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 26 | $9.3M | $356K | 1.0% |
Geographic Distribution
SBA lending activity for Unity Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| New Jersey (NJ) | 1,451 | $668.4M | 56.5% |
| New York (NY) | 329 | $175.1M | 12.8% |
| Pennsylvania (PA) | 296 | $135.8M | 11.5% |
| Minnesota (MN) | 162 | $25.6M | 6.3% |
| Connecticut (CT) | 45 | $23.2M | 1.8% |
| Montana (MT) | 63 | $13.1M | 2.5% |
| Virginia (VA) | 19 | $13.1M | 0.7% |
| North Carolina (NC) | 23 | $12.8M | 0.9% |
| Maryland (MD) | 20 | $11.6M | 0.8% |
| Florida (FL) | 23 | $11.0M | 0.9% |
| Delaware (DE) | 17 | $8.6M | 0.7% |
| Massachusetts (MA) | 18 | $7.1M | 0.7% |
| Alabama (AL) | 6 | $7.0M | 0.2% |
| Ohio (OH) | 12 | $6.9M | 0.5% |
| South Carolina (SC) | 10 | $5.7M | 0.4% |
| Georgia (GA) | 12 | $5.3M | 0.5% |
| Michigan (MI) | 6 | $3.6M | 0.2% |
| Rhode Island (RI) | 12 | $3.5M | 0.5% |
| Maine (ME) | 5 | $3.2M | 0.2% |
| Illinois (IL) | 3 | $2.7M | 0.1% |
| Texas (TX) | 2 | $2.4M | 0.1% |
| Oklahoma (OK) | 3 | $1.7M | 0.1% |
| Mississippi (MS) | 2 | $1.7M | 0.1% |
| West Virginia (WV) | 2 | $1.5M | 0.1% |
| Nebraska (NE) | 1 | $1.5M | 0.0% |
| Wisconsin (WI) | 10 | $1.3M | 0.4% |
| New Mexico (NM) | 1 | $1.2M | 0.0% |
| California (CA) | 6 | $1.0M | 0.2% |
| New Hampshire (NH) | 1 | $780K | 0.0% |
| Indiana (IN) | 2 | $740K | 0.1% |
| Kentucky (KY) | 1 | $636K | 0.0% |
| Kansas (KS) | 2 | $470K | 0.1% |
| Tennessee (TN) | 1 | $351K | 0.0% |
| Vermont (VT) | 1 | $320K | 0.0% |
| Arizona (AZ) | 1 | $150K | 0.0% |
Why Choose Unity Bank?
Based on SBA 7(a) lending track record from 1991-2025
- ✓Proven Track Record: 2,568 SBA loans approved, totaling $1.16B in financing
- ✓Industry Expertise: Specialized focus on Hotels (except Casino Hotels) and Motels, Full-Service Restaurants, Child Care Services
- ✓Competitive Terms: Average interest rate of 6.33% with flexible term lengths averaging 166 months
- ✓Loan Range: Loan sizes from $5K to $5.0M, with an average of $451K
- ✓Nationwide Reach: Active lending in 35 states, with strong presence in NJ, NY, PA
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 Unity Bank SBA lending
What types of businesses does Unity Bank typically finance?
Unity Bank specializes in SBA 7(a) lending to specific industries including hotels (except casino hotels) and motels, full-service restaurants, child care services, general automotive repair. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Unity Bank's typical SBA loan terms?
Unity Bank's SBA 7(a) loans typically feature an average interest rate of 6.33% and average term length of 166 months (approximately 14 years). Loan sizes range from $5K to $5.0M, with an average loan size of $451K.
Do I need a business valuation for a Unity Bank SBA loan?
Yes, Unity 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 Unity Bank compare to other SBA lenders?
Unity Bank has originated 2,568 SBA loans totaling $1.16B since 1991. 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 Unity Bank lend in?
Unity Bank provides SBA 7(a) financing with particularly strong presence in NJ, NY, PA, MN, MT. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
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