University Bank
SBA 7(a) Lending Profile · FY 2021 analysis
Industry Focus
Top industries served by University Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 423440 | Other Commercial Equipment Merchant Wholesalers | 48 | $41.4M | $863K | 13.3% |
| 561422 | Telemarketing Bureaus | 32 | $39.7M | $1.2M | 8.9% |
| 425120 | Wholesale Trade Agents and Brokers | 24 | $5.9M | $245K | 6.7% |
| 238210 | Electrical Contractors | 24 | $11.9M | $495K | 6.7% |
| 221310 | Water Supply and Irrigation Systems | 16 | $4.0M | $250K | 4.4% |
| 713940 | Fitness and Recreational Sports Centers | 16 | $3.2M | $203K | 4.4% |
| 812112 | Beauty Salons | 16 | $3.5M | $217K | 4.4% |
| 541211 | Offices of Certified Public Accountants | 16 | $11.8M | $737K | 4.4% |
| 722511 | Full-Service Restaurants | 8 | $240K | $30K | 2.2% |
| 722330 | Mobile Food Services | 8 | $1.2M | $150K | 2.2% |
Geographic Distribution
SBA lending activity for University Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Michigan (MI) | 264 | $145.6M | 73.3% |
| Florida (FL) | 64 | $50.6M | 17.8% |
| North Carolina (NC) | 8 | $27.8M | 2.2% |
| New York (NY) | 8 | $10.1M | 2.2% |
| Ohio (OH) | 16 | $4.0M | 4.4% |
Why Choose University Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 360 SBA loans approved, totaling $238.0M in financing
- ✓Industry Expertise: Specialized focus on Other Commercial Equipment Merchant Wholesalers, Telemarketing Bureaus, Wholesale Trade Agents and Brokers
- ✓Competitive Terms: Average interest rate of 7.93% with flexible term lengths averaging 184 months
- ✓Loan Range: Loan sizes from $30K to $4.7M, with an average of $661K
- ✓Nationwide Reach: Active lending in 5 states, with strong presence in MI, FL, OH
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 University Bank SBA lending
What types of businesses does University Bank typically finance?
University Bank specializes in SBA 7(a) lending to specific industries including other commercial equipment merchant wholesalers, telemarketing bureaus, wholesale trade agents and brokers, electrical contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are University Bank's typical SBA loan terms?
University Bank's SBA 7(a) loans typically feature an average interest rate of 7.93% and average term length of 184 months (approximately 15 years). Loan sizes range from $30K to $4.7M, with an average loan size of $661K.
Do I need a business valuation for a University Bank SBA loan?
Yes, University 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 University Bank compare to other SBA lenders?
University Bank has originated 360 SBA loans totaling $238.0M 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 University Bank lend in?
University Bank provides SBA 7(a) financing with particularly strong presence in MI, FL, OH, NY, 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.
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?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.