At a glance
From its website, read 2 Nov 2026Industrial Bank is a bank or thrift based in Washington, District of Columbia. Its website describes SBA-backed loans.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Website | www.industrial-bank.com |
|---|---|
| Office (official list) | 4812 Georgia Avenue NW, Washington, DC 20011 |
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Bank or thrift |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 25 Oct 2013 |
| RSSD ID | 536527 |
| Address | 4812 Georgia Avenue NW, Washington, DC 20011 Directions (Google Maps) |
| Website | www.industrial-bank.com |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 6 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: low. Pages mostly show menu labels; no loan amounts, service area, or product descriptions were found, and the mortgage pages contain no details. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| SBA-backed loans (7(a)/504/Community Advantage) | — | SBA Preferred Lender | source |
Loan sizes
No amounts stated on the pages we read.
Service area
Not stated on the pages we read.
Borrower focus
- Not stated on the pages we read.
Languages
- No non-English service found on the pages we read.
Online application
No online application link found on the pages we read.
Pages read (6)
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- Do you lend where I live, or where my business is?
Their website does not say which area they serve. - What are the smallest and the largest loans you make?
No loan amounts are stated on their website. - What interest rate and fees should I expect on your SBA-backed loans?
Their website does not state a rate for this. - Do you need collateral, a business plan or a minimum time in business?
Their website does not say what they require. - How long can I take to repay?
No repayment terms are stated on their website. - Can I apply online, or do I need to call or visit?
We found no online application on their website. - What documents will you need from me, and how long does a decision usually take?
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$7.6 million in 11 awards from the U.S. Treasury's CDFI Fund, 2003–2023 (Bank Enterprise Award Program; CDFI Equitable Recovery Program; CDFI Rapid Response Program).
| Round year | Program | Amount |
|---|---|---|
| 2023 | Bank Enterprise Award Program | $241,994 |
| 2022 | CDFI Equitable Recovery Program | $3,718,258 |
| 2021 | Bank Enterprise Award Program | $170,699 |
| 2021 | CDFI Rapid Response Program | $1,826,265 |
| 2019 | Bank Enterprise Award Program | $245,547 |
| 2018 | Bank Enterprise Award Program | $233,244 |
| 2017 | Bank Enterprise Award Program | $233,389 |
| 2015 | Bank Enterprise Award Program | $265,496 |
| 2013 | Bank Enterprise Award Program | $323,000 |
| 2011 | Bank Enterprise Award Program | $252,888 |
| 2003 | Bank Enterprise Award Program | $60,000 |
New Markets Tax Credit allocations
$120 million in 2 allocations. An NMTC allocation is the authority to offer investors federal tax credits for community investments; it is not cash paid to the lender and is not counted in the award total above.
| Round year | Program | Allocation |
|---|---|---|
| 2024 | New Markets Tax Credit allocation | $75,000,000 |
| 2021 | New Markets Tax Credit allocation | $45,000,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Branches and size
FDIC, 30 Jun 2026On file with the FDIC as Industrial Bank (FDIC cert 14679). Source: FDIC BankFind Suite (public data): total assets from the Call Report as of 30 Jun 2026; office list as of 30 Oct 2026, downloaded 3 Nov 2026.
| Total assets | $774.2 million (as of 30 Jun 2026) |
|---|---|
| Offices | 9 in 4 states (as of 30 Oct 2026) |
Offices by state and county (9)
District of Columbia (4 offices)
- District of Columbia (4): 4812 Georgia Ave Nw, Washington 20011 (main office); 1800 Martin Luther King Jr Ave Se, Washington 20020; 2000 11th St Nw, Washington 20001; 3443 Benning Rd Ne, Washington 20019
Maryland (2 offices)
- Prince George's County (2): 7610 Pennsylvania Ave, Forestville 20747; 1900 John Hanson Ln, Oxon Hill 20745
New Jersey (2 offices)
- Essex County (2): 54 Halsey St, Newark 07102; 550 Frelinghuysen Ave, Newark 07114
New York (1 office)
- New York County (1): 5 E 125th St, New York 10035
An office shows where the lender has a branch, not where it lends or whom it lends to.
What the regulator filing shows
Call Report, 30 Jun 2026Figures from the Call Report filed by Industrial Bank (RSSD 536527, FDIC cert 14679). Source: FFIEC Central Data Repository, bulk Call Report data (public data), report date 30 Jun 2026; year-earlier figures from the 30 Jun 2025 report; downloaded 4 Nov 2026. Schedules RC-C Parts I and II, dollar amounts filed in thousands.
| Total loans and leases | $415.1 million (as of 30 Jun 2026, net of unearned income) |
|---|---|
| Change over the year | Down 0.3% from $416.5 million on 30 Jun 2025 |
| Total assets | $774.2 million (as of 30 Jun 2026) |
Loan mix (balances on 30 Jun 2026)
| Loan category | Balance | Share |
|---|---|---|
| Home mortgages (1-4 family, closed-end) | $98.3 million | 23.6% |
| Home equity lines of credit | $519,000 | 0.1% |
| Commercial real estate, construction and multifamily | $265.8 million | 63.8% |
| Commercial and industrial (business) loans | $50.2 million | 12.1% |
| Consumer loans (credit cards, auto, other) | $251,000 | 0.1% |
| All other loans and leases | $1.4 million | 0.3% |
None reported on the 30 Jun 2026 report: farmland and farm production loans.
Small business loans (original amount $1 million or less, balances on 30 Jun 2026)
| Original loan amount | Secured by business property | Commercial and industrial |
|---|---|---|
| Up to $100,000 | 4 loans $180,000 | 17 loans $504,000 |
| $100,001 to $250,000 | 35 loans $4.6 million | 6 loans $256,000 |
| $250,001 to $1 million | 101 loans $39 million | 21 loans $7 million |
| All small business loans | 140 loans $43.8 million | 44 loans $7.7 million |
Balances are loans outstanding on the report date, not loans made during the year, and they include loans the bank bought. Shares are of gross loans and leases. The change over the year includes loans gained through mergers or bought from others. A category with no balance does not mean the bank never makes that kind of loan; ask the bank.
Home loans reported under HMDA (2025)
FFIEC HMDA data, 2025Industrial Bank reported 43 originated home loans for 2025 under the Home Mortgage Disclosure Act, totaling about $38M (median loan about $385,000). 18 were home-purchase loans.
By loan purpose
| Purpose | Loans | Share |
|---|---|---|
| Home purchase | 18 | 42% |
| Refinance (incl. 14 cash-out) | 24 | 56% |
By loan type
| Loan type | Loans | Share |
|---|---|---|
| Conventional | 39 | 91% |
| FHA-insured | 4 | 9.3% |
Included above: 8 loans on multifamily (5+ unit) properties.
Where the loans were made
Counties with the most 2025 originations, out of 13 counties with at least one; 51% of its 2025 loans were for properties in District of Columbia:
- District of Columbia, DC (22)
- Prince George's County, MD (8)
Filed under LEI 549300J8HNLGP2HYNE66 as “Industrial Bank”; matched by its RSSD ID on the CDFI Fund list, which the HMDA reporter panel links to this LEI.
Source: FFIEC Home Mortgage Disclosure Act (HMDA) data for 2025, snapshot frozen 2 Jun 2026, loan-level records read through the CFPB HMDA Data Browser API on 3 Nov 2026. Originated loans only; applications that were denied, withdrawn or not accepted are not counted. HMDA publishes each loan amount as the middle of a $10,000 band, so totals and medians are approximate. Counts under 3 are not shown. How we match lenders.
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Median SBA 7(a) loan it approved, FY2020–FY2026 | $440,250 (24 loans) | All 7(a) lenders in District of Columbia: $175,000. Larger than the median loan of 87% of the 97 other certified CDFIs with 10 or more 7(a) loans. |
| Variable-rate 7(a) loans: rate over prime at approval, FY2024–26 | median 1.75 pts, half between 1.5 pts and 2 pts (15 loans; 0% at the SBA maximum) | All lenders in District of Columbia: median 2.75 pts, 15% at the maximum (367 loans). |
| Total assets (Call Report, 30 Jun 2026) | $774.2 million | Larger than 78% of the 321 other certified banks and bank holding companies nationwide (median $381.4 million). |
| Loans as a share of assets | 54% | Median of the same 321 banks and bank holding companies: 68%. A higher share means more of its balance sheet is lent out. |
| Loans held, 30 Jun 2025 → 30 Jun 2026 | $416.5 million → $415.1 million (-0%) | Median change of 321 other certified banks and bank holding companies nationwide: +7%. Rank by loans held among these 322: 90 → 102. |
| Home loans originated in 2025 (HMDA) | 43 | More than 19% of the 263 other certified CDFIs that reported 3 or more (120 at the median). Volume only; nothing here is an approval rate. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Median SBA 7(a) loan | certified CDFIs with 10+ 7(a) loans, nationwide | 97 | larger than 87% |
| Rate over prime | all variable-rate 7(a) loans in District of Columbia, FY2024–26 | 367 | median 1.75 pts vs 2.75 pts |
| Call Report total assets | other certified banks and bank holding companies nationwide | 321 | larger than 78% |
| Loans held then vs now | certified banks and bank holding companies nationwide reporting both dates | 321 | rank 90 → 102 of 322 |
| HMDA home loans | certified CDFIs with 3+ originations in 2025, nationwide | 263 | more than 19% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. SBA 7(a) & 504 FOIA data as of 30 Sep 2026. Assets and loans: FFIEC and NCUA Call Reports (see the loan-mix section). Home loans: FFIEC/CFPB HMDA data.
SBA loans approved
SBA data as of 30 Sep 2026The SBA's public loan data lists 26 SBA-backed approvals for Industrial Bank in fiscal years 2020–2026 (October 2019 to September 2026):
- 24 7(a) loans as the lender: $17M in total (gross amount approved), median $440,250
- 2 504 projects as the third-party (first-lien) lender
By fiscal year: FY2020 0 · FY2021 2 · FY2022 4 · FY2023 2 · FY2024 6 · FY2025 7 · FY2026 5.
What actually happened
- Size of its 7(a) loans: half were between $242,500 and $770,000, median $440,250 (24 loans)
- Term of its 7(a) loans: median 120 months (10 years) (24 loans)
- Interest rate at approval on its 7(a) loans in FY2025–26: median 9.25%, half between 8.88% and 9.50% (11 loans; SBA's initial rate, before any change on a variable loan)
- Fixed or variable: 17% of its 7(a) loans had a fixed rate (24 loans)
- Young businesses: 67% of its 7(a) loans went to a startup or a business two years old or less (24 loans with an answer)
Descriptive only: what the SBA file records for loans this lender approved in fiscal years 2020–2026. Each figure covers at least 10 loans; with fewer we show nothing. It is not an offer, not the rate or term you would get, and says nothing about your chance of approval.
By program
- 7(a) standard (19, 73%)
- 7(a) SBA Express (5, 19%)
- 504 projects (as the third-party lender) (2, 8%)
Borrower industries
NAICS sector, 3 or more loans.
- Other services (except public administration) (7)
- Accommodation and food services (6)
- Health care and social assistance (4)
Where borrowers are
County of the borrower's ZIP code, 3 or more loans.
- District of Columbia, DC (9)
- Prince George's County, MD (9)
How this lender was matched in the SBA files: FDIC cert 14679, found through the RSSD ID on the CDFI Fund list (SBA lists “Industrial Bank”); 504 third-party lender name: same name, state and city (SBA lists “Industrial Bank”).
Approved is not the same as paid out: an approved loan can be reduced or never drawn. SBA lists the lender each loan is currently assigned to, which can differ after a merger or loan sale. Industrial Bank may also make loans outside SBA programs, which are not counted here, and SBA Microloans are not in these files. For 504 projects, the CDC amount is the SBA-backed portion and the third-party lender amount is that lender's own first-lien loan.
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.
Other certified CDFIs in Washington and District of Columbia
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- Building Hope FinanceLoan fund · Washington, DCOfficial list only
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- City First Bank, N.A.Bank or thrift · Washington, DCCommercial real estate loans, Energy / solar / efficiency loans, Affordable housing development loans, SBA-backed loans (7(a)/504/Community Advantage)…Verified
- City First Enterprises IncBank holding company · Washington, DCCommercial real estate loans, Energy / solar / efficiency loans, Equipment loans, Affordable housing development loans…Verified
- City First Homes Inc.Loan fund · Washington, DCOfficial list only
- DC Federal Credit UnionCredit union · Washington, DCAuto / vehicle loans, Personal / consumer loansVerified
- DEVELOPING AFFORDABLE STARTER HOMES FUND, LLCLoan fund · Washington, DCOfficial list only
Work at Industrial Bank? Link to this page
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