American First National Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by American First National Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 445110 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 6 | $7.5M | $1.2M | 3.6% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 6 | $2.0M | $341K | 3.6% |
| 811111 | General Automotive Repair | 4 | $2.0M | $493K | 2.4% |
| 326199 | All Other Plastics Product Manufacturing | 3 | $70K | $23K | 1.8% |
| 721110 | Hotels (except Casino Hotels) and Motels | 3 | $2.7M | $908K | 1.8% |
| 811191 | Automotive Oil Change and Lubrication Shops | 3 | $4.2M | $1.4M | 1.8% |
| 238110 | Poured Concrete Foundation and Structure Contractors | 3 | $1.4M | $452K | 1.8% |
| 423940 | Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers | 3 | $2.0M | $667K | 1.8% |
| 238990 | All Other Specialty Trade Contractors | 2 | $143K | $71K | 1.2% |
| 541380 | Testing Laboratories and Services | 2 | $450K | $225K | 1.2% |
Geographic Distribution
SBA lending activity for American First National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 160 | $70.4M | 95.8% |
| Nevada (NV) | 3 | $4.1M | 1.8% |
| Florida (FL) | 1 | $2.0M | 0.6% |
| Oklahoma (OK) | 2 | $1.5M | 1.2% |
| Louisiana (LA) | 1 | $183K | 0.6% |
Why Choose American First National Bank?
Based on SBA 7(a) lending track record from 1992-2011
- ✓Proven Track Record: 167 SBA loans approved, totaling $78.2M in financing
- ✓Industry Expertise: Specialized focus on Supermarkets and Other Grocery Retailers (except Convenience Retailers), Drycleaning and Laundry Services (except Coin-Operated), General Automotive Repair
- ✓Competitive Terms: Average interest rate of 5.97% with flexible term lengths averaging 159 months
- ✓Loan Range: Loan sizes from $20K to $4.5M, with an average of $468K
- ✓Nationwide Reach: Active lending in 5 states, with strong presence in TX, NV, OK
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 American First National Bank SBA lending
What types of businesses does American First National Bank typically finance?
American First National Bank specializes in SBA 7(a) lending to specific industries including supermarkets and other grocery retailers (except convenience retailers), drycleaning and laundry services (except coin-operated), general automotive repair, all other plastics product manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are American First National Bank's typical SBA loan terms?
American First National Bank's SBA 7(a) loans typically feature an average interest rate of 5.97% and average term length of 159 months (approximately 13 years). Loan sizes range from $20K to $4.5M, with an average loan size of $468K.
Do I need a business valuation for a American First National Bank SBA loan?
Yes, American First National Bank 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 American First National Bank compare to other SBA lenders?
American First National Bank has originated 167 SBA loans totaling $78.2M since 1992. 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 American First National Bank lend in?
American First National Bank provides SBA 7(a) financing with particularly strong presence in TX, NV, OK, LA, FL. 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?
Certified valuations are often required for SBA loans over $250,000.
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