First Union National Bank of Georgia
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by First Union National Bank of Georgia · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|
Geographic Distribution
SBA lending activity for First Union National Bank of Georgia by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Georgia (GA) | 7 | $1.2M | 100.0% |
Why Choose First Union National Bank of Georgia?
Based on SBA 7(a) lending track record from 1991-1997
- ✓Proven Track Record: 7 SBA loans approved, totaling $1.2M in financing
- ✓Industry Expertise: Specialized focus on
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 130 months
- ✓Loan Range: Loan sizes from $33K to $343K, with an average of $173K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in GA
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 Union National Bank of Georgia SBA lending
What types of businesses does First Union National Bank of Georgia typically finance?
First Union National Bank of Georgia 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 Union National Bank of Georgia's typical SBA loan terms?
First Union National Bank of Georgia's SBA 7(a) loans typically feature an average interest rate of — and average term length of 130 months (approximately 11 years). Loan sizes range from $33K to $343K, with an average loan size of $173K.
Do I need a business valuation for a First Union National Bank of Georgia SBA loan?
Yes, First Union National Bank of Georgia 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 Union National Bank of Georgia compare to other SBA lenders?
First Union National Bank of Georgia has originated 7 SBA loans totaling $1.2M 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 Union National Bank of Georgia lend in?
First Union National Bank of Georgia provides SBA 7(a) financing with particularly strong presence in GA. 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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