First National Bank of Coffee County
SBA 7(a) Lending Profile · FY 2023 analysis
Industry Focus
Top industries served by First National Bank of Coffee County
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 112320 | Broilers and Other Meat Type Chicken Production | 11 | $4.4M | $404K | 6.8% |
| 112310 | Chicken Egg Production | 7 | $3.1M | $437K | 4.3% |
| 238990 | All Other Specialty Trade Contractors | 5 | $2.1M | $413K | 3.1% |
| 713990 | All Other Amusement and Recreation Industries | 5 | $3.2M | $635K | 3.1% |
| 722511 | Full-Service Restaurants | 4 | $3.0M | $751K | 2.5% |
| 713940 | Fitness and Recreational Sports Centers | 4 | $2.6M | $644K | 2.5% |
| 111334 | Berry (except Strawberry) Farming | 4 | $534K | $134K | 2.5% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 4 | $3.5M | $865K | 2.5% |
| 456110 | Pharmacies and Drug Retailers | 4 | $2.6M | $656K | 2.5% |
| 445110 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 3 | $1.7M | $575K | 1.9% |
Geographic Distribution
SBA lending activity for First National Bank of Coffee County by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Georgia (GA) | 124 | $40.2M | 76.5% |
| Florida (FL) | 24 | $23.7M | 14.8% |
| New York (NY) | 1 | $3.1M | 0.6% |
| Tennessee (TN) | 2 | $2.0M | 1.2% |
| South Carolina (SC) | 1 | $1.6M | 0.6% |
| Texas (TX) | 2 | $1.5M | 1.2% |
| Utah (UT) | 2 | $1.2M | 1.2% |
| Nevada (NV) | 1 | $995K | 0.6% |
| New Mexico (NM) | 1 | $765K | 0.6% |
| Virginia (VA) | 1 | $700K | 0.6% |
| Alabama (AL) | 1 | $600K | 0.6% |
| Arkansas (AR) | 1 | $360K | 0.6% |
| California (CA) | 1 | $225K | 0.6% |
Why Choose First National Bank of Coffee County?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 162 SBA loans approved, totaling $77.0M in financing
- ✓Industry Expertise: Specialized focus on Broilers and Other Meat Type Chicken Production, Chicken Egg Production, All Other Specialty Trade Contractors
- ✓Competitive Terms: Average interest rate of 7.02% with flexible term lengths averaging 145 months
- ✓Loan Range: Loan sizes from $18K to $3.1M, with an average of $475K
- ✓Nationwide Reach: Active lending in 13 states, with strong presence in GA, 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 National Bank of Coffee County SBA lending
What types of businesses does First National Bank of Coffee County typically finance?
First National Bank of Coffee County specializes in SBA 7(a) lending to specific industries including broilers and other meat type chicken production, chicken egg production, all other specialty trade contractors, all other amusement and recreation industries. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are First National Bank of Coffee County's typical SBA loan terms?
First National Bank of Coffee County's SBA 7(a) loans typically feature an average interest rate of 7.02% and average term length of 145 months (approximately 12 years). Loan sizes range from $18K to $3.1M, with an average loan size of $475K.
Do I need a business valuation for a First National Bank of Coffee County SBA loan?
Yes, First National Bank of Coffee County 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 Coffee County compare to other SBA lenders?
First National Bank of Coffee County has originated 162 SBA loans totaling $77.0M since 2020. 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 Coffee County lend in?
First National Bank of Coffee County provides SBA 7(a) financing with particularly strong presence in GA, FL, TN, UT, 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.
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.