First Alamogordo Bancorp of Nevada Inc
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by First Alamogordo Bancorp of Nevada Inc · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 441210 | Recreational Vehicle Dealers | 1 | $34K | $34K | 100.0% |
Geographic Distribution
SBA lending activity for First Alamogordo Bancorp of Nevada Inc by state
| State | Loans | Volume | Share |
|---|---|---|---|
| New Mexico (NM) | 1 | $34K | 100.0% |
Why Choose First Alamogordo Bancorp of Nevada Inc?
Based on SBA 7(a) lending track record from 1999-1999
- ✓Proven Track Record: 1 SBA loans approved, totaling $34K in financing
- ✓Industry Expertise: Specialized focus on Recreational Vehicle Dealers
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 60 months
- ✓Loan Range: Loan sizes from $34K to $34K, with an average of $34K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in NM
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 First Alamogordo Bancorp of Nevada Inc SBA lending
What types of businesses does First Alamogordo Bancorp of Nevada Inc typically finance?
First Alamogordo Bancorp of Nevada Inc specializes in SBA 7(a) lending to specific industries including recreational vehicle dealers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are First Alamogordo Bancorp of Nevada Inc's typical SBA loan terms?
First Alamogordo Bancorp of Nevada Inc's SBA 7(a) loans typically feature an average interest rate of — and average term length of 60 months (approximately 5 years). Loan sizes range from $34K to $34K, with an average loan size of $34K.
Do I need a business valuation for a First Alamogordo Bancorp of Nevada Inc SBA loan?
Yes, First Alamogordo Bancorp of Nevada Inc 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 First Alamogordo Bancorp of Nevada Inc compare to other SBA lenders?
First Alamogordo Bancorp of Nevada Inc has originated 1 SBA loans totaling $34K since 1999. 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 First Alamogordo Bancorp of Nevada Inc lend in?
First Alamogordo Bancorp of Nevada Inc provides SBA 7(a) financing with particularly strong presence in NM. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
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