GOOD
How competitive are their spreads? Lower = better for you.
STRONG
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
STRONG
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
2,289
Total Volume
$350M
Gross loan amounts
States Active
50
Incl. DC & territories
Programs
7(a) & 504
2289 total segments
Independence Bank primarily focuses on smaller loans, with 97% of their deals under $150K. If you're seeking a larger loan, this may not be the right fit for you.
With an average 7(a) spread of P+1.88%, Independence Bank offers competitive pricing compared to the national median of P+2.75%. This could save you money on interest.
Although they have a minimal presence in 504 loans, Independence Bank is active across all 50 states, making them a viable option for borrowers nationwide looking for 7(a) loans.
Quarterly SBA lending activity.
No trend data available.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 6 504 loans, which use fixed SBA debenture rates.
No spread data available
504 loans use fixed debenture rates set by the SBA, so spread data is not applicable.
Top 15 of 53 states where Independence Bank has recorded SBA lending activity.
+ 10 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Transportation & Warehousing
Transportation & Warehousing
Specialty Trade Contractors
Construction
Administrative & Waste Services
Administrative & Waste Services
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Wholesale Trade
Wholesale Trade
Retail Trade
Retail Trade
Building Construction
Construction
+ 7 more
All recorded SBA lending activity for Independence Bank, grouped by state, industry, and deal size.
No segment data available
This lender has no recorded SBA lending activity in our database.
Get a free personalized report comparing this lender against the best matches for your specific situation.
Free. No broker fees. Results in 10-15 minutes.
Real experiences from borrowers who closed SBA loans with Independence Bank.
No reviews yet. Be the first to review Independence Bank.
Listen to acquisition entrepreneurs share their experience
Matched to real SBA lending records. LenderHawk is not affiliated with or endorsed by these podcasts.