First Pacific Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by First Pacific Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 16 | $6.0M | $374K | 33.3% |
| 456110 | Other | 16 | $30.8M | $1.9M | 33.3% |
| 811198 | All Other Automotive Repair and Maintenance | 8 | $3.3M | $410K | 16.7% |
| 611610 | Fine Arts Schools | 8 | $2.3M | $283K | 16.7% |
Geographic Distribution
SBA lending activity for First Pacific Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 48 | $42.3M | 100.0% |
Why Choose First Pacific Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 48 SBA loans approved, totaling $42.3M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Other, All Other Automotive Repair and Maintenance
- ✓Competitive Terms: Average interest rate of 8.77% with flexible term lengths averaging 114 months
- ✓Loan Range: Loan sizes from $283K to $3.5M, with an average of $882K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in CA
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 Pacific Bank SBA lending
What types of businesses does First Pacific Bank typically finance?
First Pacific Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, other, all other automotive repair and maintenance, fine arts schools. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are First Pacific Bank's typical SBA loan terms?
First Pacific Bank's SBA 7(a) loans typically feature an average interest rate of 8.77% and average term length of 114 months (approximately 10 years). Loan sizes range from $283K to $3.5M, with an average loan size of $882K.
Do I need a business valuation for a First Pacific Bank SBA loan?
Yes, First Pacific 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 Pacific Bank compare to other SBA lenders?
First Pacific Bank has originated 48 SBA loans totaling $42.3M 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 Pacific Bank lend in?
First Pacific Bank provides SBA 7(a) financing with particularly strong presence in CA. 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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Professional valuations are often required for SBA loans over $250,000.
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