First Port City Bank
SBA 7(a) Lending Profile · FY 2025 analysis
Industry Focus
Top industries served by First Port City Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 721110 | Hotels (except Casino Hotels) and Motels | 72 | $95.8M | $1.3M | 12.9% |
| 624410 | Child Day Care Services | 64 | $74.1M | $1.2M | 11.4% |
| 115114 | Postharvest Crop Activities (except Cotton Ginning) | 40 | $11.0M | $276K | 7.1% |
| 446110 | Pharmacies and Drug Stores | 32 | $17.9M | $561K | 5.7% |
| 722513 | Limited-Service Restaurants | 32 | $39.1M | $1.2M | 5.7% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 24 | $17.2M | $718K | 4.3% |
| 621340 | Offices of Physical, Occupational and Speech Therapists, and Audiologi | 16 | $2.9M | $183K | 2.9% |
| 562211 | Hazardous Waste Treatment and Disposal | 16 | $6.4M | $399K | 2.9% |
| 722511 | Full-Service Restaurants | 16 | $29.2M | $1.8M | 2.9% |
| 621310 | Offices of Chiropractors | 16 | $4.3M | $267K | 2.9% |
Geographic Distribution
SBA lending activity for First Port City Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Georgia (GA) | 240 | $252.4M | 42.9% |
| Florida (FL) | 256 | $234.1M | 45.7% |
| North Carolina (NC) | 40 | $62.4M | 7.1% |
| Alabama (AL) | 16 | $14.5M | 2.9% |
| Mississippi (MS) | 8 | $8.7M | 1.4% |
Why Choose First Port City Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 560 SBA loans approved, totaling $572.0M in financing
- ✓Industry Expertise: Specialized focus on Hotels (except Casino Hotels) and Motels, Child Day Care Services, Postharvest Crop Activities (except Cotton Ginning)
- ✓Competitive Terms: Average interest rate of 7.21% with flexible term lengths averaging 236 months
- ✓Loan Range: Loan sizes from $50K to $5.0M, with an average of $1.0M
- ✓Nationwide Reach: Active lending in 5 states, with strong presence in FL, GA, NC
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 Port City Bank SBA lending
What types of businesses does First Port City Bank typically finance?
First Port City Bank specializes in SBA 7(a) lending to specific industries including hotels (except casino hotels) and motels, child day care services, postharvest crop activities (except cotton ginning), pharmacies and drug stores. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are First Port City Bank's typical SBA loan terms?
First Port City Bank's SBA 7(a) loans typically feature an average interest rate of 7.21% and average term length of 236 months (approximately 20 years). Loan sizes range from $50K to $5.0M, with an average loan size of $1.0M.
Do I need a business valuation for a First Port City Bank SBA loan?
Yes, First Port City 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 Port City Bank compare to other SBA lenders?
First Port City Bank has originated 560 SBA loans totaling $572.0M 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 Port City Bank lend in?
First Port City Bank provides SBA 7(a) financing with particularly strong presence in FL, GA, NC, AL, MS. 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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