Universal Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Universal Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 623312 | Assisted Living Facilities for the Elderly | 1 | $60K | $60K | 9.1% |
| 811191 | Automotive Oil Change and Lubrication Shops | 1 | $1.4M | $1.4M | 9.1% |
| 561710 | Exterminating and Pest Control Services | 1 | $50K | $50K | 9.1% |
Geographic Distribution
SBA lending activity for Universal Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 11 | $3.5M | 100.0% |
Why Choose Universal Bank?
Based on SBA 7(a) lending track record from 1999-2005
- ✓Proven Track Record: 11 SBA loans approved, totaling $3.5M in financing
- ✓Industry Expertise: Specialized focus on Assisted Living Facilities for the Elderly, Automotive Oil Change and Lubrication Shops, Exterminating and Pest Control Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 159 months
- ✓Loan Range: Loan sizes from $50K to $1.4M, with an average of $314K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in 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 Universal Bank SBA lending
What types of businesses does Universal Bank typically finance?
Universal Bank specializes in SBA 7(a) lending to specific industries including assisted living facilities for the elderly, automotive oil change and lubrication shops, exterminating and pest control services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Universal Bank's typical SBA loan terms?
Universal Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 159 months (approximately 13 years). Loan sizes range from $50K to $1.4M, with an average loan size of $314K.
Do I need a business valuation for a Universal Bank SBA loan?
Yes, Universal 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 Universal Bank compare to other SBA lenders?
Universal Bank has originated 11 SBA loans totaling $3.5M since 1999. 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 Universal Bank lend in?
Universal Bank provides SBA 7(a) financing with particularly strong presence in CA. 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?
Certified valuations are often required for SBA loans over $250,000.
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