First Financial Banc Corporation
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by First Financial Banc Corporation · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 112320 | Broilers and Other Meat Type Chicken Production | 2 | $770K | $385K | 100.0% |
Geographic Distribution
SBA lending activity for First Financial Banc Corporation by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Mississippi (MS) | 2 | $770K | 100.0% |
Why Choose First Financial Banc Corporation?
Based on SBA 7(a) lending track record from 2000-2000
- ✓Proven Track Record: 2 SBA loans approved, totaling $770K in financing
- ✓Industry Expertise: Specialized focus on Broilers and Other Meat Type Chicken Production
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 144 months
- ✓Loan Range: Loan sizes from $315K to $455K, with an average of $385K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MS
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 Financial Banc Corporation SBA lending
What types of businesses does First Financial Banc Corporation typically finance?
First Financial Banc Corporation specializes in SBA 7(a) lending to specific industries including broilers and other meat type chicken production. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are First Financial Banc Corporation's typical SBA loan terms?
First Financial Banc Corporation's SBA 7(a) loans typically feature an average interest rate of — and average term length of 144 months (approximately 12 years). Loan sizes range from $315K to $455K, with an average loan size of $385K.
Do I need a business valuation for a First Financial Banc Corporation SBA loan?
Yes, First Financial Banc Corporation 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 Financial Banc Corporation compare to other SBA lenders?
First Financial Banc Corporation has originated 2 SBA loans totaling $770K since 2000. 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 Financial Banc Corporation lend in?
First Financial Banc Corporation provides SBA 7(a) financing with particularly strong presence in MS. 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.
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