First National Community Bank
SBA 7(a) Lending Profile · FY 2024 analysis
Industry Focus
Top industries served by First National Community Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 311920 | Coffee and Tea Manufacturing | 40 | $3.9M | $98K | 7.8% |
| 447110 | Gasoline Stations with Convenience Stores | 32 | $41.7M | $1.3M | 6.3% |
| 721110 | Hotels (except Casino Hotels) and Motels | 32 | $100.2M | $3.1M | 6.3% |
| 332710 | Machine Shops | 24 | $1.3M | $53K | 4.7% |
| 444140 | Other | 24 | $13.1M | $545K | 4.7% |
| 238990 | All Other Specialty Trade Contractors | 16 | $24.3M | $1.5M | 3.1% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 16 | $720K | $45K | 3.1% |
| 238160 | Roofing Contractors | 16 | $4.7M | $293K | 3.1% |
| 812199 | Other Personal Care Services | 16 | $1.1M | $68K | 3.1% |
| 621310 | Offices of Chiropractors | 16 | $2.2M | $139K | 3.1% |
Geographic Distribution
SBA lending activity for First National Community Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Georgia (GA) | 168 | $289.1M | 32.8% |
| Tennessee (TN) | 32 | $79.6M | 6.3% |
| Wisconsin (WI) | 200 | $37.7M | 39.1% |
| Minnesota (MN) | 112 | $11.9M | 21.9% |
Why Choose First National Community Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 512 SBA loans approved, totaling $418.2M in financing
- ✓Industry Expertise: Specialized focus on Coffee and Tea Manufacturing, Gasoline Stations with Convenience Stores, Hotels (except Casino Hotels) and Motels
- ✓Competitive Terms: Average interest rate of 7.26% with flexible term lengths averaging 176 months
- ✓Loan Range: Loan sizes from $6K to $5.0M, with an average of $817K
- ✓Nationwide Reach: Active lending in 4 states, with strong presence in WI, GA, MN
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 Community Bank SBA lending
What types of businesses does First National Community Bank typically finance?
First National Community Bank specializes in SBA 7(a) lending to specific industries including coffee and tea manufacturing, gasoline stations with convenience stores, hotels (except casino hotels) and motels, machine shops. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are First National Community Bank's typical SBA loan terms?
First National Community Bank's SBA 7(a) loans typically feature an average interest rate of 7.26% and average term length of 176 months (approximately 15 years). Loan sizes range from $6K to $5.0M, with an average loan size of $817K.
Do I need a business valuation for a First National Community Bank SBA loan?
Yes, First National Community Bank 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 Community Bank compare to other SBA lenders?
First National Community Bank has originated 512 SBA loans totaling $418.2M 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 Community Bank lend in?
First National Community Bank provides SBA 7(a) financing with particularly strong presence in WI, GA, MN, TN. 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.
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