Williamstown Bank, Inc.
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Williamstown Bank, Inc. · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 339950 | Sign Manufacturing | 2 | $93K | $46K | 15.4% |
| 541940 | Veterinary Services | 1 | $65K | $65K | 7.7% |
| 811111 | General Automotive Repair | 1 | $75K | $75K | 7.7% |
| 621320 | Offices of Optometrists | 1 | $100K | $100K | 7.7% |
Geographic Distribution
SBA lending activity for Williamstown Bank, Inc. by state
| State | Loans | Volume | Share |
|---|---|---|---|
| West Virginia (WV) | 9 | $540K | 69.2% |
| Ohio (OH) | 4 | $265K | 30.8% |
Why Choose Williamstown Bank, Inc.?
Based on SBA 7(a) lending track record from 1995-2005
- ✓Proven Track Record: 13 SBA loans approved, totaling $805K in financing
- ✓Industry Expertise: Specialized focus on Sign Manufacturing, Veterinary Services, General Automotive Repair
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 95 months
- ✓Loan Range: Loan sizes from $20K to $100K, with an average of $62K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in WV, 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 Williamstown Bank, Inc. SBA lending
What types of businesses does Williamstown Bank, Inc. typically finance?
Williamstown Bank, Inc. specializes in SBA 7(a) lending to specific industries including sign manufacturing, veterinary services, general automotive repair, offices of optometrists. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Williamstown Bank, Inc.'s typical SBA loan terms?
Williamstown Bank, Inc.'s SBA 7(a) loans typically feature an average interest rate of — and average term length of 95 months (approximately 8 years). Loan sizes range from $20K to $100K, with an average loan size of $62K.
Do I need a business valuation for a Williamstown Bank, Inc. SBA loan?
Yes, Williamstown Bank, Inc. 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 Williamstown Bank, Inc. compare to other SBA lenders?
Williamstown Bank, Inc. has originated 13 SBA loans totaling $805K 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 Williamstown Bank, Inc. lend in?
Williamstown Bank, Inc. provides SBA 7(a) financing with particularly strong presence in WV, OH. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
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