First State Bank in Temple
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by First State Bank in Temple · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 493130 | Farm Product Warehousing and Storage | 2 | $800K | $400K | 50.0% |
| 811192 | Car Washes | 1 | $136K | $136K | 25.0% |
Geographic Distribution
SBA lending activity for First State Bank in Temple by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Oklahoma (OK) | 4 | $986K | 100.0% |
Why Choose First State Bank in Temple?
Based on SBA 7(a) lending track record from 1991-1999
- ✓Proven Track Record: 4 SBA loans approved, totaling $986K in financing
- ✓Industry Expertise: Specialized focus on Farm Product Warehousing and Storage, Car Washes
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 81 months
- ✓Loan Range: Loan sizes from $50K to $400K, with an average of $247K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in OK
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 State Bank in Temple SBA lending
What types of businesses does First State Bank in Temple typically finance?
First State Bank in Temple specializes in SBA 7(a) lending to specific industries including farm product warehousing and storage, car washes. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are First State Bank in Temple's typical SBA loan terms?
First State Bank in Temple's SBA 7(a) loans typically feature an average interest rate of — and average term length of 81 months (approximately 7 years). Loan sizes range from $50K to $400K, with an average loan size of $247K.
Do I need a business valuation for a First State Bank in Temple SBA loan?
Yes, First State Bank in Temple 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 State Bank in Temple compare to other SBA lenders?
First State Bank in Temple has originated 4 SBA loans totaling $986K since 1991. 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 State Bank in Temple lend in?
First State Bank in Temple provides SBA 7(a) financing with particularly strong presence in OK. 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.