First State Banking Corp
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by First State Banking Corp · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|
Geographic Distribution
SBA lending activity for First State Banking Corp by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Arkansas (AR) | 1 | $802K | 100.0% |
Why Choose First State Banking Corp?
Based on SBA 7(a) lending track record from 2006-2006
- ✓Proven Track Record: 1 SBA loans approved, totaling $802K in financing
- ✓Industry Expertise: Specialized focus on
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 300 months
- ✓Loan Range: Loan sizes from $802K to $802K, with an average of $802K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in AR
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 Banking Corp SBA lending
What types of businesses does First State Banking Corp typically finance?
First State Banking Corp specializes in SBA 7(a) lending to specific industries including . They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are First State Banking Corp's typical SBA loan terms?
First State Banking Corp's SBA 7(a) loans typically feature an average interest rate of — and average term length of 300 months (approximately 25 years). Loan sizes range from $802K to $802K, with an average loan size of $802K.
Do I need a business valuation for a First State Banking Corp SBA loan?
Yes, First State Banking Corp 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 Banking Corp compare to other SBA lenders?
First State Banking Corp has originated 1 SBA loans totaling $802K since 2006. 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 Banking Corp lend in?
First State Banking Corp provides SBA 7(a) financing with particularly strong presence in AR. 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.
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