First Community Bank, N.A.
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by First Community Bank, N.A. · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811192 | Car Washes | 2 | $575K | $288K | 9.5% |
| 812112 | Beauty Salons | 1 | $100K | $100K | 4.8% |
| 441120 | Used Car Dealers | 1 | $250K | $250K | 4.8% |
| 325199 | All Other Basic Organic Chemical Manufacturing | 1 | $200K | $200K | 4.8% |
Geographic Distribution
SBA lending activity for First Community Bank, N.A. by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 21 | $4.4M | 100.0% |
Why Choose First Community Bank, N.A.?
Based on SBA 7(a) lending track record from 1994-2004
- ✓Proven Track Record: 21 SBA loans approved, totaling $4.4M in financing
- ✓Industry Expertise: Specialized focus on Car Washes, Beauty Salons, Used Car Dealers
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 91 months
- ✓Loan Range: Loan sizes from $34K to $750K, with an average of $211K
- ✓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 Community Bank, N.A. SBA lending
What types of businesses does First Community Bank, N.A. typically finance?
First Community Bank, N.A. specializes in SBA 7(a) lending to specific industries including car washes, beauty salons, used car dealers, all other basic organic chemical manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are First Community Bank, N.A.'s typical SBA loan terms?
First Community Bank, N.A.'s SBA 7(a) loans typically feature an average interest rate of — and average term length of 91 months (approximately 8 years). Loan sizes range from $34K to $750K, with an average loan size of $211K.
Do I need a business valuation for a First Community Bank, N.A. SBA loan?
Yes, First Community Bank, N.A. 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 Community Bank, N.A. compare to other SBA lenders?
First Community Bank, N.A. has originated 21 SBA loans totaling $4.4M since 1994. 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 Community Bank, N.A. lend in?
First Community Bank, N.A. 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
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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Certified valuations are often required for SBA loans over $250,000.
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