Bank of Clarke
VA
SBA-approved lender offering 7 loan programs across 15 industries.
Key Metrics
Interest Rate
8.88%
2.13% over prime
Average Loan
$931K
Per approval
Total Approvals
39
FY 2025
Loan Programs (7)
7a General
Change of Ownership
Existing or more than 2 years old
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Fixed Rates
Industries Served (15)
Abrasive Product ManufacturingAll Other Specialty Trade ContractorsBarber ShopsBeauty SalonsCaterersCouriersExam Preparation and TutoringFull-Service RestaurantsLimited-Service RestaurantsOther Activities Related to Real EstateOther Personal Care ServicesOther Vegetable (except Potato) and Melon FarmingSite Preparation ContractorsSnack and Nonalcoholic Beverage BarsSolar Electric Power Generation
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 2.13%
- Effective Rate
- 8.88%
- Fiscal Year
- 2025
- States Served
- VA
- Website
- www.bankofclarke.bank
Ready to apply with Bank of Clarke?
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