STRONG
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
223
2010–2025
Total Volume
$188M
Gross loan amounts
States Active
21
With recorded loans
Programs
7(a) & 504
223 total segments
Legence Bank has a strong focus on startups, with 55% of their SBA deals going to new businesses. This could be beneficial if you're a first-time borrower looking to launch your venture.
With an average spread of P+1.87%, Legence Bank offers competitive pricing compared to the national median of P+2.75%. This could save you money over the life of your loan.
Legence Bank's deal volume has decreased by 40% year-over-year, indicating a potential tightening in their lending activity. This could make it more challenging to secure financing as they may be more selective.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 6 504 loans, which use fixed SBA debenture rates.
Top 15 of 21 states where Legence Bank has recorded SBA lending activity.
+ 10 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Hotels & Accommodation
Accommodation & Food Services
Restaurants & Food Service
Accommodation & Food Services
Other Repair & Services
Other Services
Food & Beverage Stores
Retail Trade
Real Estate
Real Estate
Transportation & Warehousing
Transportation & Warehousing
Gas Stations
Retail Trade
Retail Trade
Retail Trade
+ 7 more
All recorded SBA lending activity for Legence Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Illinois · Restaurants & Food Service · Under $150K | 7(a) | 14 | P+2.00% | $103K | Q1 2023 |
| Indiana · Other Repair & Services · Under $150K | 7(a) | 5 | P+2.00% | $68K | Q1 2022 |
| Louisiana · Hotels & Accommodation · $2M – $5M | 7(a) | 5 | P+1.50% | $2.8M | Q2 2021 |
| Michigan · Gas Stations · $500K – $1M | 7(a) | 5 | P+1.75% | $634K | Q1 2017 |
| Indiana · Other Repair & Services · $150K – $350K | 7(a) | 4 | P+2.00% | $255K | Q1 2019 |
| Indiana · Real Estate · Under $150K | 7(a) | 4 | P+1.63% | $102K | Q2 2017 |
| Illinois · Specialty Trade Contractors · Under $150K | 7(a) | 4 | P+2.63% | $86K | Q2 2019 |
| Illinois · Social Assistance · Under $150K | 7(a) | 3 | P+2.75% | $47K | Q3 2017 |
| Indiana · Restaurants & Food Service · $150K – $350K | 7(a) | 3 | P+1.75% | $306K | Q3 2019 |
| Illinois · Transportation & Warehousing · Under $150K | 7(a) | 3 | P+1.75% | $118K | Q4 2017 |
| Michigan · Food & Beverage Stores · $350K – $500K | 7(a) | 3 | P+2.25% | $461K | Q4 2016 |
| Florida · Hotels & Accommodation · $2M – $5M | 7(a) | 3 | P+2.00% | $4.3M | Q4 2022 |
| Illinois · Retail Trade · Under $150K | 7(a) | 3 | P+2.75% | $75K | Q3 2021 |
| Michigan · Gas Stations · $1M – $2M | 7(a) | 2 | P+2.25% | $1.5M | Q3 2016 |
| Indiana · Restaurants & Food Service · Under $150K | 7(a) | 2 | P+1.63% | $50K | Q3 2024 |
| Illinois · Administrative & Waste Services · $500K – $1M | 7(a) | 2 | P+1.63% | $757K | Q1 2022 |
| Illinois · Arts, Entertainment & Recreation · Under $150K | 7(a) | 2 | P+1.25% | $125K | Q1 2024 |
| Indiana · Hotels & Accommodation · $2M – $5M | 7(a) | 2 | P+1.31% | $3.6M | Q3 2017 |
| Michigan · Agriculture & Forestry · $1M – $2M | 7(a) | 2 | P+1.88% | $1.4M | Q3 2021 |
| Illinois · Arts, Entertainment & Recreation · $350K – $500K | 7(a) | 2 | P+2.50% | $480K | Q3 2015 |
| Illinois · Administrative & Waste Services · Under $150K | 7(a) | 2 | P+2.75% | $35K | Q1 2019 |
| Illinois · Real Estate · $150K – $350K | 7(a) | 2 | P+1.63% | $249K | Q3 2021 |
| Indiana · Other Repair & Services · $350K – $500K | 7(a) | 2 | P+2.38% | $392K | Q1 2019 |
| Illinois · Social Assistance · $150K – $350K | 7(a) | 2 | P+1.88% | $167K | Q2 2021 |
| North Carolina · Gas Stations · $2M – $5M | 7(a) | 2 | P+1.50% | $2.7M | Q3 2015 |
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