First Business Bank
SBA 7(a) Lending Profile · FY 2021 analysis
Industry Focus
Top industries served by First Business Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 40 | $27.2M | $681K | 4.6% |
| 713940 | Fitness and Recreational Sports Centers | 35 | $44.8M | $1.3M | 4.1% |
| 722511 | Full-Service Restaurants | 27 | $25.0M | $924K | 3.1% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 18 | $9.7M | $540K | 2.1% |
| 713990 | All Other Amusement and Recreation Industries | 16 | $22.4M | $1.4M | 1.9% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 15 | $14.5M | $965K | 1.7% |
| 492110 | Couriers and Express Delivery Services | 14 | $12.7M | $910K | 1.6% |
| 541511 | Custom Computer Programming Services | 13 | $10.7M | $822K | 1.5% |
| 722410 | Drinking Places (Alcoholic Beverages) | 12 | $5.6M | $463K | 1.4% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 11 | $19.7M | $1.8M | 1.3% |
Geographic Distribution
SBA lending activity for First Business Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Wisconsin (WI) | 203 | $147.4M | 23.5% |
| Kansas (KS) | 197 | $120.1M | 22.8% |
| California (CA) | 80 | $80.5M | 9.3% |
| Missouri (MO) | 133 | $60.5M | 15.4% |
| Texas (TX) | 35 | $46.7M | 4.1% |
| Florida (FL) | 40 | $34.8M | 4.6% |
| Washington (WA) | 12 | $24.4M | 1.4% |
| Virginia (VA) | 17 | $22.3M | 2.0% |
| North Carolina (NC) | 13 | $17.1M | 1.5% |
| Colorado (CO) | 12 | $16.8M | 1.4% |
| Georgia (GA) | 6 | $13.5M | 0.7% |
| Illinois (IL) | 11 | $13.2M | 1.3% |
| Maryland (MD) | 10 | $13.2M | 1.2% |
| Tennessee (TN) | 9 | $12.6M | 1.0% |
| Nevada (NV) | 5 | $10.0M | 0.6% |
| Oregon (OR) | 7 | $8.0M | 0.8% |
| Pennsylvania (PA) | 4 | $7.1M | 0.5% |
| Utah (UT) | 3 | $5.6M | 0.3% |
| Iowa (IA) | 6 | $4.9M | 0.7% |
| New York (NY) | 6 | $4.1M | 0.7% |
| Arizona (AZ) | 7 | $4.1M | 0.8% |
| New Jersey (NJ) | 6 | $3.8M | 0.7% |
| Michigan (MI) | 7 | $3.8M | 0.8% |
| Idaho (ID) | 3 | $3.4M | 0.3% |
| Ohio (OH) | 4 | $3.2M | 0.5% |
| Arkansas (AR) | 1 | $3.2M | 0.1% |
| Nebraska (NE) | 4 | $3.0M | 0.5% |
| Massachusetts (MA) | 3 | $2.2M | 0.3% |
| Oklahoma (OK) | 2 | $2.1M | 0.2% |
| Alabama (AL) | 3 | $1.9M | 0.3% |
| District of Columbia (DC) | 1 | $1.8M | 0.1% |
| South Carolina (SC) | 4 | $1.4M | 0.5% |
| Indiana (IN) | 3 | $1.0M | 0.3% |
| Minnesota (MN) | 1 | $765K | 0.1% |
| Montana (MT) | 1 | $700K | 0.1% |
| PR (PR) | 1 | $380K | 0.1% |
| Delaware (DE) | 1 | $350K | 0.1% |
| Louisiana (LA) | 1 | $310K | 0.1% |
| Kentucky (KY) | 1 | $50K | 0.1% |
Why Choose First Business Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 863 SBA loans approved, totaling $700.4M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Fitness and Recreational Sports Centers, Full-Service Restaurants
- ✓Competitive Terms: Average interest rate of 6.93% with flexible term lengths averaging 129 months
- ✓Loan Range: Loan sizes from $10K to $5.0M, with an average of $812K
- ✓Nationwide Reach: Active lending in 39 states, with strong presence in WI, KS, 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 Business Bank SBA lending
What types of businesses does First Business Bank typically finance?
First Business Bank specializes in SBA 7(a) lending to specific industries including limited-service restaurants, fitness and recreational sports centers, full-service restaurants, snack and nonalcoholic beverage bars. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are First Business Bank's typical SBA loan terms?
First Business Bank's SBA 7(a) loans typically feature an average interest rate of 6.93% and average term length of 129 months (approximately 11 years). Loan sizes range from $10K to $5.0M, with an average loan size of $812K.
Do I need a business valuation for a First Business Bank SBA loan?
Yes, First Business 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 First Business Bank compare to other SBA lenders?
First Business Bank has originated 863 SBA loans totaling $700.4M 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 First Business Bank lend in?
First Business Bank provides SBA 7(a) financing with particularly strong presence in WI, KS, MO, CA, 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.
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