WHITNEY NATIONAL BANK OF
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by WHITNEY NATIONAL BANK OF · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|
Geographic Distribution
SBA lending activity for WHITNEY NATIONAL BANK OF by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Mississippi (MS) | 9 | $862K | 100.0% |
Why Choose WHITNEY NATIONAL BANK OF?
Based on SBA 7(a) lending track record from 1991-1997
- ✓Proven Track Record: 9 SBA loans approved, totaling $862K in financing
- ✓Industry Expertise: Specialized focus on
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 80 months
- ✓Loan Range: Loan sizes from $10K to $311K, with an average of $96K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MS
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 WHITNEY NATIONAL BANK OF SBA lending
What types of businesses does WHITNEY NATIONAL BANK OF typically finance?
WHITNEY NATIONAL BANK OF specializes in SBA 7(a) lending to specific industries including . They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are WHITNEY NATIONAL BANK OF's typical SBA loan terms?
WHITNEY NATIONAL BANK OF's SBA 7(a) loans typically feature an average interest rate of — and average term length of 80 months (approximately 7 years). Loan sizes range from $10K to $311K, with an average loan size of $96K.
Do I need a business valuation for a WHITNEY NATIONAL BANK OF SBA loan?
Yes, WHITNEY NATIONAL BANK OF 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 WHITNEY NATIONAL BANK OF compare to other SBA lenders?
WHITNEY NATIONAL BANK OF has originated 9 SBA loans totaling $862K since 1991. 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 WHITNEY NATIONAL BANK OF lend in?
WHITNEY NATIONAL BANK OF provides SBA 7(a) financing with particularly strong presence in MS. 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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