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 |
|---|---|---|---|---|---|
| 713990 | All Other Amusement and Recreation Industries | 40 | $25.4M | $635K | 10.4% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 32 | $27.7M | $865K | 8.3% |
| 713940 | Fitness and Recreational Sports Centers | 24 | $14.5M | $603K | 6.3% |
| 112310 | Chicken Egg Production | 24 | $13.4M | $559K | 6.3% |
| 236115 | New Single-Family Housing Construction (except Operative Builders) | 16 | $12.8M | $803K | 4.2% |
| 561710 | Exterminating and Pest Control Services | 16 | $17.3M | $1.1M | 4.2% |
| 722513 | Limited-Service Restaurants | 16 | $12.8M | $800K | 4.2% |
| 456110 | Other | 8 | $1.2M | $150K | 2.1% |
| 446110 | Pharmacies and Drug Stores | 8 | $2.3M | $285K | 2.1% |
| 812199 | Other Personal Care Services | 8 | $12.5M | $1.6M | 2.1% |
Geographic Distribution
SBA lending activity for First National Bank of Coffee County by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Florida (FL) | 160 | $158.2M | 41.7% |
| Georgia (GA) | 120 | $52.2M | 31.3% |
| New York (NY) | 8 | $25.0M | 2.1% |
| Tennessee (TN) | 16 | $16.0M | 4.2% |
| South Carolina (SC) | 8 | $12.5M | 2.1% |
| Texas (TX) | 16 | $11.9M | 4.2% |
| Utah (UT) | 16 | $10.0M | 4.2% |
| Nevada (NV) | 8 | $8.0M | 2.1% |
| Virginia (VA) | 8 | $5.6M | 2.1% |
| Alabama (AL) | 8 | $4.8M | 2.1% |
| Arkansas (AR) | 8 | $2.9M | 2.1% |
| California (CA) | 8 | $1.8M | 2.1% |
Why Choose First National Bank of Coffee County?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 384 SBA loans approved, totaling $308.8M in financing
- ✓Industry Expertise: Specialized focus on All Other Amusement and Recreation Industries, Plumbing, Heating, and Air-Conditioning Contractors, Fitness and Recreational Sports Centers
- ✓Competitive Terms: Average interest rate of 8.89% with flexible term lengths averaging 158 months
- ✓Loan Range: Loan sizes from $49K to $3.1M, with an average of $804K
- ✓Nationwide Reach: Active lending in 12 states, with strong presence in FL, GA, 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 all other amusement and recreation industries, plumbing, heating, and air-conditioning contractors, fitness and recreational sports centers, chicken egg production. 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 8.89% and average term length of 158 months (approximately 13 years). Loan sizes range from $49K to $3.1M, with an average loan size of $804K.
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 384 SBA loans totaling $308.8M 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 FL, GA, 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?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.