Washington County Council on Economic Development
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Washington County Council on Economic Development · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 312120 | Breweries | 1 | $108K | $108K | 50.0% |
| 493120 | Refrigerated Warehousing and Storage | 1 | $250K | $250K | 50.0% |
Geographic Distribution
SBA lending activity for Washington County Council on Economic Development by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Pennsylvania (PA) | 1 | $250K | 50.0% |
| West Virginia (WV) | 1 | $108K | 50.0% |
Why Choose Washington County Council on Economic Development?
Based on SBA 7(a) lending track record from 2014-2015
- ✓Proven Track Record: 2 SBA loans approved, totaling $358K in financing
- ✓Industry Expertise: Specialized focus on Breweries, Refrigerated Warehousing and Storage
- ✓Competitive Terms: Average interest rate of 6.75% with flexible term lengths averaging 120 months
- ✓Loan Range: Loan sizes from $108K to $250K, with an average of $179K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in PA, WV
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 Washington County Council on Economic Development SBA lending
What types of businesses does Washington County Council on Economic Development typically finance?
Washington County Council on Economic Development specializes in SBA 7(a) lending to specific industries including breweries, refrigerated warehousing and storage. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Washington County Council on Economic Development's typical SBA loan terms?
Washington County Council on Economic Development's SBA 7(a) loans typically feature an average interest rate of 6.75% and average term length of 120 months (approximately 10 years). Loan sizes range from $108K to $250K, with an average loan size of $179K.
Do I need a business valuation for a Washington County Council on Economic Development SBA loan?
Yes, Washington County Council on Economic Development 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 Washington County Council on Economic Development compare to other SBA lenders?
Washington County Council on Economic Development has originated 2 SBA loans totaling $358K since 2014. 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 Washington County Council on Economic Development lend in?
Washington County Council on Economic Development provides SBA 7(a) financing with particularly strong presence in PA, WV. 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.
Get your certified valuation from Fair Market Value.