First Command Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by First Command Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 523940 | Portfolio Management and Investment Advice | 7 | $413K | $59K | 11.9% |
| 561720 | Janitorial Services | 4 | $1.0M | $261K | 6.8% |
| 713940 | Fitness and Recreational Sports Centers | 3 | $1.2M | $399K | 5.1% |
| 722511 | Full-Service Restaurants | 3 | $1.1M | $372K | 5.1% |
| 611620 | Sports and Recreation Instruction | 3 | $1.2M | $401K | 5.1% |
| 621610 | Home Health Care Services | 3 | $398K | $133K | 5.1% |
| 311812 | Commercial Bakeries | 3 | $658K | $219K | 5.1% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 2 | $2.1M | $1.1M | 3.4% |
| 238990 | All Other Specialty Trade Contractors | 2 | $549K | $275K | 3.4% |
| 238210 | Electrical Contractors and Other Wiring Installation Contractors | 2 | $358K | $179K | 3.4% |
Geographic Distribution
SBA lending activity for First Command Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 16 | $5.5M | 27.1% |
| Florida (FL) | 7 | $3.4M | 11.9% |
| Tennessee (TN) | 4 | $1.5M | 6.8% |
| Virginia (VA) | 4 | $1.2M | 6.8% |
| Colorado (CO) | 3 | $1.2M | 5.1% |
| Georgia (GA) | 4 | $882K | 6.8% |
| North Carolina (NC) | 2 | $782K | 3.4% |
| California (CA) | 2 | $765K | 3.4% |
| Illinois (IL) | 2 | $476K | 3.4% |
| Maryland (MD) | 3 | $438K | 5.1% |
| South Carolina (SC) | 2 | $355K | 3.4% |
| Arizona (AZ) | 1 | $350K | 1.7% |
| Pennsylvania (PA) | 1 | $345K | 1.7% |
| New York (NY) | 1 | $312K | 1.7% |
| Idaho (ID) | 1 | $310K | 1.7% |
| Missouri (MO) | 1 | $157K | 1.7% |
| Kansas (KS) | 1 | $150K | 1.7% |
| New Jersey (NJ) | 1 | $98K | 1.7% |
| North Dakota (ND) | 1 | $65K | 1.7% |
| Montana (MT) | 1 | $50K | 1.7% |
| Oklahoma (OK) | 1 | $45K | 1.7% |
Why Choose First Command Bank?
Based on SBA 7(a) lending track record from 2023-2026
- ✓Proven Track Record: 59 SBA loans approved, totaling $18.4M in financing
- ✓Industry Expertise: Specialized focus on Portfolio Management and Investment Advice, Janitorial Services, Fitness and Recreational Sports Centers
- ✓Competitive Terms: Average interest rate of 9.70% with flexible term lengths averaging 116 months
- ✓Loan Range: Loan sizes from $15K to $2.0M, with an average of $313K
- ✓Nationwide Reach: Active lending in 21 states, with strong presence in TX, FL, TN
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 Command Bank SBA lending
What types of businesses does First Command Bank typically finance?
First Command Bank specializes in SBA 7(a) lending to specific industries including portfolio management and investment advice, janitorial services, fitness and recreational sports centers, full-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are First Command Bank's typical SBA loan terms?
First Command Bank's SBA 7(a) loans typically feature an average interest rate of 9.70% and average term length of 116 months (approximately 10 years). Loan sizes range from $15K to $2.0M, with an average loan size of $313K.
Do I need a business valuation for a First Command Bank SBA loan?
Yes, First Command 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 Command Bank compare to other SBA lenders?
First Command Bank has originated 59 SBA loans totaling $18.4M since 2023. 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 Command Bank lend in?
First Command Bank provides SBA 7(a) financing with particularly strong presence in TX, FL, TN, VA, GA. 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.
Get your certified valuation from Fair Market Value.