1st Financial Bank USA
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by 1st Financial Bank USA
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 236115 | New Single-Family Housing Construction (except Operative Builders) | 632 | $1.22B | $1.9M | 90.8% |
| 236118 | Residential Remodelers | 24 | $18.9M | $787K | 3.4% |
| 236117 | New Housing Operative Builders | 24 | $108.0M | $4.5M | 3.4% |
| 236220 | Commercial and Institutional Building Construction | 8 | $8.0M | $1.0M | 1.1% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 8 | $2.9M | $367K | 1.1% |
Geographic Distribution
SBA lending activity for 1st Financial Bank USA by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Florida (FL) | 160 | $330.1M | 23.0% |
| Texas (TX) | 72 | $121.4M | 10.3% |
| North Carolina (NC) | 80 | $109.0M | 11.5% |
| South Carolina (SC) | 32 | $108.0M | 4.6% |
| Colorado (CO) | 40 | $93.6M | 5.7% |
| Michigan (MI) | 32 | $85.7M | 4.6% |
| Ohio (OH) | 32 | $80.0M | 4.6% |
| Indiana (IN) | 32 | $75.8M | 4.6% |
| Idaho (ID) | 16 | $58.4M | 2.3% |
| Montana (MT) | 8 | $40.0M | 1.1% |
| Illinois (IL) | 8 | $40.0M | 1.1% |
| Minnesota (MN) | 16 | $32.0M | 2.3% |
| Georgia (GA) | 24 | $28.0M | 3.4% |
| Missouri (MO) | 16 | $25.3M | 2.3% |
| Utah (UT) | 24 | $24.0M | 3.4% |
| Virginia (VA) | 16 | $24.0M | 2.3% |
| Wyoming (WY) | 8 | $20.8M | 1.1% |
| Arizona (AZ) | 24 | $20.0M | 3.4% |
| Maine (ME) | 16 | $10.6M | 2.3% |
| Pennsylvania (PA) | 8 | $8.0M | 1.1% |
| Maryland (MD) | 8 | $8.0M | 1.1% |
| Washington (WA) | 8 | $7.0M | 1.1% |
| Alabama (AL) | 8 | $4.0M | 1.1% |
| South Dakota (SD) | 8 | $2.9M | 1.1% |
Why Choose 1st Financial Bank USA?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 696 SBA loans approved, totaling $1.36B in financing
- ✓Industry Expertise: Specialized focus on New Single-Family Housing Construction (except Operative Builders), Residential Remodelers, New Housing Operative Builders
- ✓Competitive Terms: Average interest rate of 9.47% with flexible term lengths averaging 59 months
- ✓Loan Range: Loan sizes from $257K to $5.0M, with an average of $1.9M
- ✓Nationwide Reach: Active lending in 24 states, with strong presence in FL, NC, TX
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about 1st Financial Bank USA SBA lending
What types of businesses does 1st Financial Bank USA typically finance?
1st Financial Bank USA specializes in SBA 7(a) lending to specific industries including new single-family housing construction (except operative builders), residential remodelers, new housing operative builders, commercial and institutional building construction. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are 1st Financial Bank USA's typical SBA loan terms?
1st Financial Bank USA's SBA 7(a) loans typically feature an average interest rate of 9.47% and average term length of 59 months (approximately 5 years). Loan sizes range from $257K to $5.0M, with an average loan size of $1.9M.
Do I need a business valuation for a 1st Financial Bank USA SBA loan?
Yes, 1st Financial Bank USA typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does 1st Financial Bank USA compare to other SBA lenders?
1st Financial Bank USA has originated 696 SBA loans totaling $1.36B since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does 1st Financial Bank USA lend in?
1st Financial Bank USA provides SBA 7(a) financing with particularly strong presence in FL, NC, TX, CO, IN. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.