First of Minden Financial Corporation
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by First of Minden Financial Corporation · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811111 | General Automotive Repair | 1 | $92K | $92K | 100.0% |
Geographic Distribution
SBA lending activity for First of Minden Financial Corporation by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Nebraska (NE) | 1 | $92K | 100.0% |
Why Choose First of Minden Financial Corporation?
Based on SBA 7(a) lending track record from 2001-2001
- ✓Proven Track Record: 1 SBA loans approved, totaling $92K in financing
- ✓Industry Expertise: Specialized focus on General Automotive Repair
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 120 months
- ✓Loan Range: Loan sizes from $92K to $92K, with an average of $92K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in NE
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 of Minden Financial Corporation SBA lending
What types of businesses does First of Minden Financial Corporation typically finance?
First of Minden Financial Corporation specializes in SBA 7(a) lending to specific industries including general automotive repair. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are First of Minden Financial Corporation's typical SBA loan terms?
First of Minden Financial Corporation's SBA 7(a) loans typically feature an average interest rate of — and average term length of 120 months (approximately 10 years). Loan sizes range from $92K to $92K, with an average loan size of $92K.
Do I need a business valuation for a First of Minden Financial Corporation SBA loan?
Yes, First of Minden Financial Corporation 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 of Minden Financial Corporation compare to other SBA lenders?
First of Minden Financial Corporation has originated 1 SBA loans totaling $92K since 2001. 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 of Minden Financial Corporation lend in?
First of Minden Financial Corporation provides SBA 7(a) financing with particularly strong presence in NE. 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.