First National Bank of Central Texas
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by First National Bank of Central Texas · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 541410 | Interior Design Services | 1 | $40K | $40K | 25.0% |
Geographic Distribution
SBA lending activity for First National Bank of Central Texas by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 4 | $258K | 100.0% |
Why Choose First National Bank of Central Texas?
Based on SBA 7(a) lending track record from 1997-2004
- ✓Proven Track Record: 4 SBA loans approved, totaling $258K in financing
- ✓Industry Expertise: Specialized focus on Interior Design Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 58 months
- ✓Loan Range: Loan sizes from $26K to $150K, with an average of $65K
- ✓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 National Bank of Central Texas SBA lending
What types of businesses does First National Bank of Central Texas typically finance?
First National Bank of Central Texas specializes in SBA 7(a) lending to specific industries including interior design services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are First National Bank of Central Texas's typical SBA loan terms?
First National Bank of Central Texas's SBA 7(a) loans typically feature an average interest rate of — and average term length of 58 months (approximately 5 years). Loan sizes range from $26K to $150K, with an average loan size of $65K.
Do I need a business valuation for a First National Bank of Central Texas SBA loan?
Yes, First National Bank of Central Texas 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 of Central Texas compare to other SBA lenders?
First National Bank of Central Texas has originated 4 SBA loans totaling $258K since 1997. 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 of Central Texas lend in?
First National Bank of Central Texas 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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