WoodTrust Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by WoodTrust Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 713950 | Bowling Centers | 3 | $596K | $199K | 6.5% |
| 339920 | Sporting and Athletic Goods Manufacturing | 3 | $260K | $87K | 6.5% |
| 624410 | Child Care Services | 2 | $184K | $92K | 4.3% |
| 621320 | Offices of Optometrists | 2 | $800K | $400K | 4.3% |
| 722410 | Drinking Places (Alcoholic Beverages) | 2 | $115K | $58K | 4.3% |
| 811111 | General Automotive Repair | 2 | $213K | $107K | 4.3% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 1 | $700K | $700K | 2.2% |
| 812112 | Beauty Salons | 1 | $110K | $110K | 2.2% |
| 531312 | Nonresidential Property Managers | 1 | $542K | $542K | 2.2% |
| 323113 | Commercial Screen Printing | 1 | $145K | $145K | 2.2% |
Geographic Distribution
SBA lending activity for WoodTrust Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Wisconsin (WI) | 46 | $8.7M | 100.0% |
Why Choose WoodTrust Bank?
Based on SBA 7(a) lending track record from 1991-2021
- ✓Proven Track Record: 46 SBA loans approved, totaling $8.7M in financing
- ✓Industry Expertise: Specialized focus on Bowling Centers, Sporting and Athletic Goods Manufacturing, Child Care Services
- ✓Competitive Terms: Average interest rate of 5.85% with flexible term lengths averaging 129 months
- ✓Loan Range: Loan sizes from $34K to $750K, with an average of $190K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in WI
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 WoodTrust Bank SBA lending
What types of businesses does WoodTrust Bank typically finance?
WoodTrust Bank specializes in SBA 7(a) lending to specific industries including bowling centers, sporting and athletic goods manufacturing, child care services, offices of optometrists. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are WoodTrust Bank's typical SBA loan terms?
WoodTrust Bank's SBA 7(a) loans typically feature an average interest rate of 5.85% and average term length of 129 months (approximately 11 years). Loan sizes range from $34K to $750K, with an average loan size of $190K.
Do I need a business valuation for a WoodTrust Bank SBA loan?
Yes, WoodTrust 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 WoodTrust Bank compare to other SBA lenders?
WoodTrust Bank has originated 46 SBA loans totaling $8.7M 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 WoodTrust Bank lend in?
WoodTrust Bank provides SBA 7(a) financing with particularly strong presence in WI. 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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