Walpole Co-operative Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Walpole Co-operative Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 424990 | Other Miscellaneous Nondurable Goods Merchant Wholesalers | 3 | $760K | $253K | 8.6% |
| 541110 | Offices of Lawyers | 2 | $120K | $60K | 5.7% |
| 621610 | Home Health Care Services | 2 | $121K | $60K | 5.7% |
| 621399 | Offices of All Other Miscellaneous Health Practitioners | 2 | $85K | $43K | 5.7% |
| 541512 | Computer Systems Design Services | 1 | $50K | $50K | 2.9% |
| 811111 | General Automotive Repair | 1 | $50K | $50K | 2.9% |
| 812310 | Coin-Operated Laundries and Drycleaners | 1 | $100K | $100K | 2.9% |
| 812111 | Barber Shops | 1 | $214K | $214K | 2.9% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 1 | $85K | $85K | 2.9% |
| 621340 | Offices of Physical, Occupational and Speech Therapists, and Audiologists | 1 | $150K | $150K | 2.9% |
Geographic Distribution
SBA lending activity for Walpole Co-operative Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Massachusetts (MA) | 34 | $4.3M | 97.1% |
| Maine (ME) | 1 | $30K | 2.9% |
Why Choose Walpole Co-operative Bank?
Based on SBA 7(a) lending track record from 1995-2018
- ✓Proven Track Record: 35 SBA loans approved, totaling $4.3M in financing
- ✓Industry Expertise: Specialized focus on Other Miscellaneous Nondurable Goods Merchant Wholesalers, Offices of Lawyers, Home Health Care Services
- ✓Competitive Terms: Average interest rate of 5.22% with flexible term lengths averaging 78 months
- ✓Loan Range: Loan sizes from $3K to $725K, with an average of $123K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in MA, ME
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 Walpole Co-operative Bank SBA lending
What types of businesses does Walpole Co-operative Bank typically finance?
Walpole Co-operative Bank specializes in SBA 7(a) lending to specific industries including other miscellaneous nondurable goods merchant wholesalers, offices of lawyers, home health care services, offices of all other miscellaneous health practitioners. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Walpole Co-operative Bank's typical SBA loan terms?
Walpole Co-operative Bank's SBA 7(a) loans typically feature an average interest rate of 5.22% and average term length of 78 months (approximately 7 years). Loan sizes range from $3K to $725K, with an average loan size of $123K.
Do I need a business valuation for a Walpole Co-operative Bank SBA loan?
Yes, Walpole Co-operative 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 Walpole Co-operative Bank compare to other SBA lenders?
Walpole Co-operative Bank has originated 35 SBA loans totaling $4.3M since 1995. 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 Walpole Co-operative Bank lend in?
Walpole Co-operative Bank provides SBA 7(a) financing with particularly strong presence in MA, ME. 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?
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