First Baird Bancshares Inc
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by First Baird Bancshares Inc · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 541110 | Offices of Lawyers | 2 | $45K | $23K | 3.6% |
| 336212 | Truck Trailer Manufacturing | 1 | $50K | $50K | 1.8% |
| 311421 | Fruit and Vegetable Canning | 1 | $23K | $23K | 1.8% |
| 561440 | Collection Agencies | 1 | $100K | $100K | 1.8% |
| 213112 | Support Activities for Oil and Gas Operations | 1 | $103K | $103K | 1.8% |
| 811111 | General Automotive Repair | 1 | $47K | $47K | 1.8% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 1 | $104K | $104K | 1.8% |
| 336991 | Motorcycle, Bicycle, and Parts Manufacturing | 1 | $20K | $20K | 1.8% |
Geographic Distribution
SBA lending activity for First Baird Bancshares Inc by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 55 | $4.9M | 100.0% |
Why Choose First Baird Bancshares Inc?
Based on SBA 7(a) lending track record from 1993-1998
- ✓Proven Track Record: 55 SBA loans approved, totaling $4.9M in financing
- ✓Industry Expertise: Specialized focus on Offices of Lawyers, Truck Trailer Manufacturing, Fruit and Vegetable Canning
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 82 months
- ✓Loan Range: Loan sizes from $17K to $336K, with an average of $89K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in 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 First Baird Bancshares Inc SBA lending
What types of businesses does First Baird Bancshares Inc typically finance?
First Baird Bancshares Inc specializes in SBA 7(a) lending to specific industries including offices of lawyers, truck trailer manufacturing, fruit and vegetable canning, collection agencies. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are First Baird Bancshares Inc's typical SBA loan terms?
First Baird Bancshares Inc's SBA 7(a) loans typically feature an average interest rate of — and average term length of 82 months (approximately 7 years). Loan sizes range from $17K to $336K, with an average loan size of $89K.
Do I need a business valuation for a First Baird Bancshares Inc SBA loan?
Yes, First Baird Bancshares 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 Baird Bancshares Inc compare to other SBA lenders?
First Baird Bancshares Inc has originated 55 SBA loans totaling $4.9M since 1993. 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 Baird Bancshares Inc lend in?
First Baird Bancshares Inc provides SBA 7(a) financing with particularly strong presence in TX. 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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