First Bank and Trust of Fullerton
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by First Bank and Trust of Fullerton · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 316110 | Leather and Hide Tanning and Finishing | 2 | $200K | $100K | 22.2% |
| 112111 | Beef Cattle Ranching and Farming | 1 | $46K | $46K | 11.1% |
| 541940 | Veterinary Services | 1 | $221K | $221K | 11.1% |
Geographic Distribution
SBA lending activity for First Bank and Trust of Fullerton by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Nebraska (NE) | 7 | $586K | 77.8% |
| Missouri (MO) | 2 | $200K | 22.2% |
Why Choose First Bank and Trust of Fullerton?
Based on SBA 7(a) lending track record from 1995-2018
- ✓Proven Track Record: 9 SBA loans approved, totaling $786K in financing
- ✓Industry Expertise: Specialized focus on Leather and Hide Tanning and Finishing, Beef Cattle Ranching and Farming, Veterinary Services
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 57 months
- ✓Loan Range: Loan sizes from $17K to $221K, with an average of $87K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in NE, MO
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 Bank and Trust of Fullerton SBA lending
What types of businesses does First Bank and Trust of Fullerton typically finance?
First Bank and Trust of Fullerton specializes in SBA 7(a) lending to specific industries including leather and hide tanning and finishing, beef cattle ranching and farming, veterinary services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are First Bank and Trust of Fullerton's typical SBA loan terms?
First Bank and Trust of Fullerton's SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 57 months (approximately 5 years). Loan sizes range from $17K to $221K, with an average loan size of $87K.
Do I need a business valuation for a First Bank and Trust of Fullerton SBA loan?
Yes, First Bank and Trust of Fullerton 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 Bank and Trust of Fullerton compare to other SBA lenders?
First Bank and Trust of Fullerton has originated 9 SBA loans totaling $786K since 1995. 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 Bank and Trust of Fullerton lend in?
First Bank and Trust of Fullerton provides SBA 7(a) financing with particularly strong presence in NE, MO. 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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