First State Bank Nebraska
SBA 7(a) Lending Profile · FY 2021 analysis
Industry Focus
Top industries served by First State Bank Nebraska
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 523930 | Investment Advice | 168 | $82.9M | $493K | 9.7% |
| 722513 | Limited-Service Restaurants | 120 | $43.8M | $365K | 6.9% |
| 112320 | Broilers and Other Meat Type | 96 | $112.0M | $1.2M | 5.6% |
| 484110 | General Freight Trucking, Local | 72 | $7.9M | $110K | 4.2% |
| 524210 | Insurance Agencies and Brokerages | 56 | $71.8M | $1.3M | 3.2% |
| 523940 | Other | 56 | $17.6M | $314K | 3.2% |
| 238910 | Site Preparation Contractors | 40 | $3.0M | $76K | 2.3% |
| 441210 | Recreational Vehicle Dealers | 40 | $10.7M | $267K | 2.3% |
| 812910 | Pet Care (except Veterinary) Services | 32 | $3.3M | $103K | 1.9% |
| 423860 | Transportation Equipment and Supplies (except Motor Vehicle) Merchant | 32 | $36.0M | $1.1M | 1.9% |
Geographic Distribution
SBA lending activity for First State Bank Nebraska by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Nebraska (NE) | 1,424 | $655.8M | 82.4% |
| North Carolina (NC) | 16 | $44.4M | 0.9% |
| Ohio (OH) | 88 | $35.5M | 5.1% |
| Kentucky (KY) | 8 | $18.9M | 0.5% |
| New Jersey (NJ) | 8 | $12.4M | 0.5% |
| California (CA) | 32 | $11.3M | 1.9% |
| Arizona (AZ) | 16 | $10.8M | 0.9% |
| Florida (FL) | 8 | $9.6M | 0.5% |
| Iowa (IA) | 24 | $9.2M | 1.4% |
| Georgia (GA) | 8 | $5.6M | 0.5% |
| New York (NY) | 8 | $5.0M | 0.5% |
| Minnesota (MN) | 16 | $4.5M | 0.9% |
| Pennsylvania (PA) | 16 | $4.4M | 0.9% |
| South Carolina (SC) | 16 | $3.1M | 0.9% |
| Washington (WA) | 8 | $2.7M | 0.5% |
| Maine (ME) | 8 | $1.9M | 0.5% |
| Kansas (KS) | 8 | $1.2M | 0.5% |
| Utah (UT) | 8 | $971K | 0.5% |
| Illinois (IL) | 8 | $484K | 0.5% |
Why Choose First State Bank Nebraska?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 1,728 SBA loans approved, totaling $837.7M in financing
- ✓Industry Expertise: Specialized focus on Investment Advice, Limited-Service Restaurants, Broilers and Other Meat Type
- ✓Competitive Terms: Average interest rate of 6.74% with flexible term lengths averaging 116 months
- ✓Loan Range: Loan sizes from $10K to $5.0M, with an average of $485K
- ✓Nationwide Reach: Active lending in 19 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 investment advice, limited-service restaurants, broilers and other meat type, general freight trucking, local. 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 6.74% and average term length of 116 months (approximately 10 years). Loan sizes range from $10K to $5.0M, with an average loan size of $485K.
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 1,728 SBA loans totaling $837.7M 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 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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