First State Bank Nebraska
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by First State Bank Nebraska · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 25 | $12.7M | $509K | 4.7% |
| 238910 | Site Preparation Contractors | 20 | $9.4M | $468K | 3.7% |
| 484110 | General Freight Trucking, Local | 17 | $2.5M | $145K | 3.2% |
| 621310 | Offices of Chiropractors | 16 | $1.0M | $65K | 3.0% |
| 112320 | Broilers and Other Meat Type Chicken Production | 14 | $21.1M | $1.5M | 2.6% |
| 812112 | Beauty Salons | 11 | $759K | $69K | 2.1% |
| 713940 | Fitness and Recreational Sports Centers | 10 | $712K | $71K | 1.9% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 10 | $1.8M | $185K | 1.9% |
| 238990 | All Other Specialty Trade Contractors | 9 | $1.1M | $117K | 1.7% |
| 722511 | Full-Service Restaurants | 8 | $597K | $75K | 1.5% |
Geographic Distribution
SBA lending activity for First State Bank Nebraska by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Nebraska (NE) | 487 | $145.2M | 90.9% |
| Ohio (OH) | 14 | $6.0M | 2.6% |
| North Carolina (NC) | 3 | $5.7M | 0.6% |
| Florida (FL) | 2 | $2.7M | 0.4% |
| Kentucky (KY) | 1 | $2.4M | 0.2% |
| Texas (TX) | 1 | $1.7M | 0.2% |
| Minnesota (MN) | 3 | $1.7M | 0.6% |
| New Jersey (NJ) | 1 | $1.6M | 0.2% |
| New Mexico (NM) | 1 | $1.5M | 0.2% |
| California (CA) | 4 | $1.4M | 0.7% |
| Arizona (AZ) | 2 | $1.4M | 0.4% |
| Iowa (IA) | 4 | $1.3M | 0.7% |
| Georgia (GA) | 1 | $703K | 0.2% |
| Kansas (KS) | 2 | $695K | 0.4% |
| New York (NY) | 1 | $624K | 0.2% |
| Pennsylvania (PA) | 2 | $549K | 0.4% |
| South Carolina (SC) | 2 | $389K | 0.4% |
| Washington (WA) | 1 | $338K | 0.2% |
| Maine (ME) | 1 | $235K | 0.2% |
| Indiana (IN) | 1 | $181K | 0.2% |
| Utah (UT) | 1 | $121K | 0.2% |
| Illinois (IL) | 1 | $61K | 0.2% |
Why Choose First State Bank Nebraska?
Based on SBA 7(a) lending track record from 1991-2025
- ✓Proven Track Record: 536 SBA loans approved, totaling $176.3M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Site Preparation Contractors, General Freight Trucking, Local
- ✓Competitive Terms: Average interest rate of 6.15% with flexible term lengths averaging 107 months
- ✓Loan Range: Loan sizes from $5K to $5.0M, with an average of $329K
- ✓Nationwide Reach: Active lending in 22 states, with strong presence in NE, OH, 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 State Bank Nebraska SBA lending
What types of businesses does First State Bank Nebraska typically finance?
First State Bank Nebraska specializes in SBA 7(a) lending to specific industries including limited-service restaurants, site preparation contractors, general freight trucking, local, offices of chiropractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are First State Bank Nebraska's typical SBA loan terms?
First State Bank Nebraska's SBA 7(a) loans typically feature an average interest rate of 6.15% and average term length of 107 months (approximately 9 years). Loan sizes range from $5K to $5.0M, with an average loan size of $329K.
Do I need a business valuation for a First State Bank Nebraska SBA loan?
Yes, First State Bank Nebraska 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 Nebraska compare to other SBA lenders?
First State Bank Nebraska has originated 536 SBA loans totaling $176.3M 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 Nebraska lend in?
First State Bank Nebraska provides SBA 7(a) financing with particularly strong presence in NE, OH, CA, IA, MN. 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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