Foundation One Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Foundation One Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 812112 | Beauty Salons | 3 | $1.2M | $403K | 6.5% |
| 722511 | Full-Service Restaurants | 3 | $892K | $297K | 6.5% |
| 238990 | All Other Specialty Trade Contractors | 2 | $923K | $461K | 4.3% |
| 488510 | Freight Transportation Arrangement | 2 | $350K | $175K | 4.3% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 2 | $1.6M | $794K | 4.3% |
| 238210 | Electrical Contractors and Other Wiring Installation Contractors | 2 | $130K | $65K | 4.3% |
| 713990 | All Other Amusement and Recreation Industries | 2 | $352K | $176K | 4.3% |
| 531120 | Lessors of Nonresidential Buildings (except Miniwarehouses) | 2 | $3.3M | $1.6M | 4.3% |
| 445110 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 2 | $1.1M | $548K | 4.3% |
| 562111 | Solid Waste Collection | 2 | $549K | $275K | 4.3% |
Geographic Distribution
SBA lending activity for Foundation One Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Nebraska (NE) | 38 | $13.3M | 82.6% |
| Iowa (IA) | 3 | $1.9M | 6.5% |
| Arizona (AZ) | 3 | $1.9M | 6.5% |
| Illinois (IL) | 1 | $1.4M | 2.2% |
| Colorado (CO) | 1 | $297K | 2.2% |
Why Choose Foundation One Bank?
Based on SBA 7(a) lending track record from 1993-2023
- ✓Proven Track Record: 46 SBA loans approved, totaling $18.8M in financing
- ✓Industry Expertise: Specialized focus on Beauty Salons, Full-Service Restaurants, All Other Specialty Trade Contractors
- ✓Competitive Terms: Average interest rate of 6.11% with flexible term lengths averaging 105 months
- ✓Loan Range: Loan sizes from $35K to $2.8M, with an average of $409K
- ✓Nationwide Reach: Active lending in 5 states, with strong presence in NE, IA, AZ
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 Foundation One Bank SBA lending
What types of businesses does Foundation One Bank typically finance?
Foundation One Bank specializes in SBA 7(a) lending to specific industries including beauty salons, full-service restaurants, all other specialty trade contractors, freight transportation arrangement. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Foundation One Bank's typical SBA loan terms?
Foundation One Bank's SBA 7(a) loans typically feature an average interest rate of 6.11% and average term length of 105 months (approximately 9 years). Loan sizes range from $35K to $2.8M, with an average loan size of $409K.
Do I need a business valuation for a Foundation One Bank SBA loan?
Yes, Foundation One 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 Foundation One Bank compare to other SBA lenders?
Foundation One Bank has originated 46 SBA loans totaling $18.8M since 1993. 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 Foundation One Bank lend in?
Foundation One Bank provides SBA 7(a) financing with particularly strong presence in NE, IA, AZ, IL, CO. 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.
Get your certified valuation from Fair Market Value.