First National Bank in Pinckneyville
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by First National Bank in Pinckneyville · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 334512 | Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use | 1 | $110K | $110K | 25.0% |
| 312130 | Wineries | 1 | $369K | $369K | 25.0% |
Geographic Distribution
SBA lending activity for First National Bank in Pinckneyville by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Illinois (IL) | 4 | $584K | 100.0% |
Why Choose First National Bank in Pinckneyville?
Based on SBA 7(a) lending track record from 1995-1999
- ✓Proven Track Record: 4 SBA loans approved, totaling $584K in financing
- ✓Industry Expertise: Specialized focus on Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use, Wineries
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 129 months
- ✓Loan Range: Loan sizes from $25K to $369K, with an average of $146K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in IL
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 National Bank in Pinckneyville SBA lending
What types of businesses does First National Bank in Pinckneyville typically finance?
First National Bank in Pinckneyville specializes in SBA 7(a) lending to specific industries including automatic environmental control manufacturing for residential, commercial, and appliance use, wineries. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are First National Bank in Pinckneyville's typical SBA loan terms?
First National Bank in Pinckneyville's SBA 7(a) loans typically feature an average interest rate of — and average term length of 129 months (approximately 11 years). Loan sizes range from $25K to $369K, with an average loan size of $146K.
Do I need a business valuation for a First National Bank in Pinckneyville SBA loan?
Yes, First National Bank in Pinckneyville 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 National Bank in Pinckneyville compare to other SBA lenders?
First National Bank in Pinckneyville has originated 4 SBA loans totaling $584K 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 National Bank in Pinckneyville lend in?
First National Bank in Pinckneyville provides SBA 7(a) financing with particularly strong presence in IL. 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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