Worthington Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Worthington Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 325412 | Pharmaceutical Preparation Manufacturing | 16 | $19.2M | $1.2M | 25.0% |
| 722513 | Limited-Service Restaurants | 16 | $7.2M | $449K | 25.0% |
| 532289 | Other | 8 | $7.4M | $925K | 12.5% |
| 812112 | Beauty Salons | 8 | $5.2M | $653K | 12.5% |
| 561730 | Landscaping Services | 8 | $18.4M | $2.3M | 12.5% |
| 236115 | New Single-Family Housing Construction (except Operative Builders) | 8 | $18.1M | $2.3M | 12.5% |
Geographic Distribution
SBA lending activity for Worthington Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 64 | $75.4M | 100.0% |
Why Choose Worthington Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 64 SBA loans approved, totaling $75.4M in financing
- ✓Industry Expertise: Specialized focus on Pharmaceutical Preparation Manufacturing, Limited-Service Restaurants, Other
- ✓Competitive Terms: Average interest rate of 8.75% with flexible term lengths averaging 178 months
- ✓Loan Range: Loan sizes from $300K to $2.3M, with an average of $1.2M
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in TX
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 Worthington Bank SBA lending
What types of businesses does Worthington Bank typically finance?
Worthington Bank specializes in SBA 7(a) lending to specific industries including pharmaceutical preparation manufacturing, limited-service restaurants, other, beauty salons. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Worthington Bank's typical SBA loan terms?
Worthington Bank's SBA 7(a) loans typically feature an average interest rate of 8.75% and average term length of 178 months (approximately 15 years). Loan sizes range from $300K to $2.3M, with an average loan size of $1.2M.
Do I need a business valuation for a Worthington Bank SBA loan?
Yes, Worthington 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 Worthington Bank compare to other SBA lenders?
Worthington Bank has originated 64 SBA loans totaling $75.4M since 2020. 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 Worthington Bank lend in?
Worthington Bank provides SBA 7(a) financing with particularly strong presence in TX. 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?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.