First Texas National Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by First Texas National Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 623311 | Continuing Care Retirement Communities | 1 | $800K | $800K | 8.3% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 1 | $105K | $105K | 8.3% |
| 311611 | Animal (except Poultry) Slaughtering | 1 | $50K | $50K | 8.3% |
| 115111 | Cotton Ginning | 1 | $345K | $345K | 8.3% |
Geographic Distribution
SBA lending activity for First Texas National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 12 | $1.7M | 100.0% |
Why Choose First Texas National Bank?
Based on SBA 7(a) lending track record from 1992-2004
- ✓Proven Track Record: 12 SBA loans approved, totaling $1.7M in financing
- ✓Industry Expertise: Specialized focus on Continuing Care Retirement Communities, Drycleaning and Laundry Services (except Coin-Operated), Animal (except Poultry) Slaughtering
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 106 months
- ✓Loan Range: Loan sizes from $20K to $800K, with an average of $139K
- ✓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 Texas National Bank SBA lending
What types of businesses does First Texas National Bank typically finance?
First Texas National Bank specializes in SBA 7(a) lending to specific industries including continuing care retirement communities, drycleaning and laundry services (except coin-operated), animal (except poultry) slaughtering, cotton ginning. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are First Texas National Bank's typical SBA loan terms?
First Texas National Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 106 months (approximately 9 years). Loan sizes range from $20K to $800K, with an average loan size of $139K.
Do I need a business valuation for a First Texas National Bank SBA loan?
Yes, First Texas National Bank 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 Texas National Bank compare to other SBA lenders?
First Texas National Bank has originated 12 SBA loans totaling $1.7M since 1992. 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 Texas National Bank lend in?
First Texas National Bank 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.
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