West Town Bank & Trust
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by West Town Bank & Trust · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 213112 | Support Activities for Oil and Gas Operations | 1 | $5.0M | $5.0M | 100.0% |
Geographic Distribution
SBA lending activity for West Town Bank & Trust by state
| State | Loans | Volume | Share |
|---|---|---|---|
| New Mexico (NM) | 1 | $5.0M | 100.0% |
Why Choose West Town Bank & Trust?
Based on SBA 7(a) lending track record from 2013-2013
- ✓Proven Track Record: 1 SBA loans approved, totaling $5.0M in financing
- ✓Industry Expertise: Specialized focus on Support Activities for Oil and Gas Operations
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 120 months
- ✓Loan Range: Loan sizes from $5.0M to $5.0M, with an average of $5.0M
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in NM
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 West Town Bank & Trust SBA lending
What types of businesses does West Town Bank & Trust typically finance?
West Town Bank & Trust specializes in SBA 7(a) lending to specific industries including support activities for oil and gas operations. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are West Town Bank & Trust's typical SBA loan terms?
West Town Bank & Trust's SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 120 months (approximately 10 years). Loan sizes range from $5.0M to $5.0M, with an average loan size of $5.0M.
Do I need a business valuation for a West Town Bank & Trust SBA loan?
Yes, West Town Bank & Trust 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 West Town Bank & Trust compare to other SBA lenders?
West Town Bank & Trust has originated 1 SBA loans totaling $5.0M since 2013. 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 West Town Bank & Trust lend in?
West Town Bank & Trust provides SBA 7(a) financing with particularly strong presence in NM. 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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