First State Bank of Texas
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by First State Bank of Texas
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 624410 | Child Day Care Services | 16 | $20.0M | $1.2M | 15.4% |
| 722511 | Full-Service Restaurants | 16 | $13.8M | $860K | 15.4% |
| 713940 | Fitness and Recreational Sports Centers | 16 | $18.7M | $1.2M | 15.4% |
| 213112 | Support Activities for Oil and Gas Operations | 8 | $10.2M | $1.3M | 7.7% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 8 | $22.4M | $2.8M | 7.7% |
| 238990 | All Other Specialty Trade Contractors | 8 | $40.0M | $5.0M | 7.7% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 8 | $5.2M | $650K | 7.7% |
| 332999 | All Other Miscellaneous Fabricated Metal Product Manufacturing | 8 | $4.2M | $527K | 7.7% |
| 323111 | Commercial Gravure Printing | 8 | $4.5M | $559K | 7.7% |
| 455219 | Other | 8 | $2.0M | $251K | 7.7% |
Geographic Distribution
SBA lending activity for First State Bank of Texas by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 104 | $140.8M | 100.0% |
Why Choose First State Bank of Texas?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 104 SBA loans approved, totaling $140.8M in financing
- ✓Industry Expertise: Specialized focus on Child Day Care Services, Full-Service Restaurants, Fitness and Recreational Sports Centers
- ✓Competitive Terms: Average interest rate of 6.77% with flexible term lengths averaging 262 months
- ✓Loan Range: Loan sizes from $251K to $5.0M, with an average of $1.4M
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in TX
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 of Texas SBA lending
What types of businesses does First State Bank of Texas typically finance?
First State Bank of Texas specializes in SBA 7(a) lending to specific industries including child day care services, full-service restaurants, fitness and recreational sports centers, support activities for oil and gas operations. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are First State Bank of Texas's typical SBA loan terms?
First State Bank of Texas's SBA 7(a) loans typically feature an average interest rate of 6.77% and average term length of 262 months (approximately 22 years). Loan sizes range from $251K to $5.0M, with an average loan size of $1.4M.
Do I need a business valuation for a First State Bank of Texas SBA loan?
Yes, First State Bank of Texas 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 of Texas compare to other SBA lenders?
First State Bank of Texas has originated 104 SBA loans totaling $140.8M 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 of Texas lend in?
First State Bank of Texas provides SBA 7(a) financing with particularly strong presence in TX. 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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