First Security Bank of Nevada
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by First Security Bank of Nevada
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 8 | $1.2M | $150K | 33.3% |
| 722513 | Limited-Service Restaurants | 8 | $600K | $75K | 33.3% |
| 541110 | Offices of Lawyers | 8 | $400K | $50K | 33.3% |
Geographic Distribution
SBA lending activity for First Security Bank of Nevada by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Nevada (NV) | 24 | $2.2M | 100.0% |
Why Choose First Security Bank of Nevada?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 24 SBA loans approved, totaling $2.2M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Limited-Service Restaurants, Offices of Lawyers
- ✓Competitive Terms: Average interest rate of 7.17% with flexible term lengths averaging 100 months
- ✓Loan Range: Loan sizes from $50K to $150K, with an average of $92K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in NV
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 Security Bank of Nevada SBA lending
What types of businesses does First Security Bank of Nevada typically finance?
First Security Bank of Nevada specializes in SBA 7(a) lending to specific industries including full-service restaurants, limited-service restaurants, offices of lawyers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are First Security Bank of Nevada's typical SBA loan terms?
First Security Bank of Nevada's SBA 7(a) loans typically feature an average interest rate of 7.17% and average term length of 100 months (approximately 8 years). Loan sizes range from $50K to $150K, with an average loan size of $92K.
Do I need a business valuation for a First Security Bank of Nevada SBA loan?
Yes, First Security Bank of Nevada 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 Security Bank of Nevada compare to other SBA lenders?
First Security Bank of Nevada has originated 24 SBA loans totaling $2.2M 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 Security Bank of Nevada lend in?
First Security Bank of Nevada provides SBA 7(a) financing with particularly strong presence in NV. 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.
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Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
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