GOOD
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
FAIR
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
96
2010–2026
Total Volume
$95M
Gross loan amounts
States Active
21
With recorded loans
Programs
7(a) & 504
96 total segments
Hometown Bank has a notable 33% share of 504 loans, which is significantly higher than the national average of around 18%. This indicates a strong focus on real estate financing, making them a good option for borrowers looking to purchase property or expand their existing facilities.
With an average 7(a) spread of P+2.36%, Hometown Bank offers competitive pricing compared to the national median of P+2.75%. This lower spread can result in significant savings over the life of the loan, making them an attractive choice for borrowers seeking affordable financing.
The lender's growth trend shows a decline of 44% year-over-year, with only 5 deals in the last quarter compared to 9 in the previous year. This downward trend may indicate a tightening of lending criteria, which could make it more challenging for new borrowers to secure funding.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 32 504 loans, which use fixed SBA debenture rates.
Top 15 of 21 states where Hometown Bank has recorded SBA lending activity.
+ 10 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Hotels & Accommodation
Accommodation & Food Services
Other Health Practitioners
Health Care & Social Assistance
Specialty Trade Contractors
Construction
Administrative & Waste Services
Administrative & Waste Services
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Wholesale Trade
Wholesale Trade
+ 7 more
All recorded SBA lending activity for Hometown Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Ohio · Restaurants & Food Service · $500K – $1M | 7(a) | 3 | P+1.00% | $757K | Q4 2024 |
| Minnesota · Manufacturing · $1M – $2M | 7(a) | 2 | P+2.75% | $1.4M | Q1 2015 |
| Minnesota · Manufacturing · $2M – $5M | 504 | 2 | — | $2.4M | Q2 2018 |
| Minnesota · Restaurants & Food Service · Under $150K | 504 | 2 | — | $55K | Q2 2023 |
| Ohio · Hotels & Accommodation · $1M – $2M | 7(a) | 2 | P+1.75% | $1.9M | Q1 2020 |
| Minnesota · Wholesale Trade · $150K – $350K | 7(a) | 2 | P+2.00% | $213K | Q3 2020 |
| Minnesota · Other Health Practitioners · $150K – $350K | 504 | 2 | — | $184K | Q3 2025 |
| Maryland · Food & Beverage Stores · $1M – $2M | 7(a) | 1 | P+2.75% | $1.0M | Q1 2023 |
| Michigan · Restaurants & Food Service · $1M – $2M | 7(a) | 1 | P+2.75% | $1.0M | Q4 2021 |
| Michigan · Restaurants & Food Service · $2M – $5M | 7(a) | 1 | P+2.00% | $3.2M | Q2 2019 |
| Minnesota · Building Construction · $2M – $5M | 7(a) | 1 | P+3.00% | $5.0M | Q2 2024 |
| Minnesota · Food & Beverage Stores · $150K – $350K | 7(a) | 1 | P+2.75% | $300K | Q2 2016 |
| Minnesota · Food & Beverage Stores · $1M – $2M | 7(a) | 1 | P+1.00% | $1.7M | Q2 2016 |
| Minnesota · Physician & Dental Offices · Under $150K | 7(a) | 1 | P+2.00% | $48K | Q3 2010 |
| Minnesota · Physician & Dental Offices · $1M – $2M | 7(a) | 1 | P+-0.01% | $1.0M | Q2 2018 |
| Minnesota · Other Health Practitioners · Under $150K | 7(a) | 1 | P+2.75% | $70K | Q2 2016 |
| Minnesota · Other Health Practitioners · $150K – $350K | 7(a) | 1 | P+2.75% | $300K | Q2 2014 |
| Minnesota · Restaurants & Food Service · Under $150K | 7(a) | 1 | P+1.25% | $148K | Q4 2018 |
| Minnesota · Restaurants & Food Service · $1M – $2M | 7(a) | 1 | P+2.00% | $1.2M | Q2 2024 |
| Minnesota · Laundry & Dry Cleaning · Under $150K | 7(a) | 1 | P+3.25% | $70K | Q2 2010 |
| Minnesota · Agriculture & Forestry · $150K – $350K | 7(a) | 1 | P+3.25% | $350K | Q1 2010 |
| Minnesota · Manufacturing · Under $150K | 7(a) | 1 | P+2.75% | $150K | Q4 2013 |
| Minnesota · Manufacturing · $150K – $350K | 7(a) | 1 | P+2.75% | $350K | Q3 2013 |
| Minnesota · Manufacturing · $2M – $5M | 7(a) | 1 | P+2.75% | $2.8M | Q3 2013 |
| Minnesota · Retail Trade · $150K – $350K | 7(a) | 1 | P+2.75% | $275K | Q4 2009 |
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