Net First National Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Net First National Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 114112 | Shellfish Fishing | 9 | $4.9M | $541K | 22.5% |
| 811111 | General Automotive Repair | 3 | $606K | $202K | 7.5% |
| 561730 | Landscaping Services | 2 | $275K | $138K | 5.0% |
| 339950 | Sign Manufacturing | 2 | $1.6M | $805K | 5.0% |
| 325211 | Plastics Material and Resin Manufacturing | 1 | $300K | $300K | 2.5% |
| 812990 | All Other Personal Services | 1 | $94K | $94K | 2.5% |
| 327390 | Other Concrete Product Manufacturing | 1 | $757K | $757K | 2.5% |
| 721110 | Hotels (except Casino Hotels) and Motels | 1 | $488K | $488K | 2.5% |
| 621310 | Offices of Chiropractors | 1 | $365K | $365K | 2.5% |
| 623110 | Nursing Care Facilities (Skilled Nursing Facilities) | 1 | $655K | $655K | 2.5% |
Geographic Distribution
SBA lending activity for Net First National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Florida (FL) | 19 | $7.7M | 47.5% |
| Texas (TX) | 9 | $4.1M | 22.5% |
| Louisiana (LA) | 6 | $3.2M | 15.0% |
| Georgia (GA) | 3 | $2.1M | 7.5% |
| Mississippi (MS) | 1 | $680K | 2.5% |
| New York (NY) | 1 | $350K | 2.5% |
| Maryland (MD) | 1 | $89K | 2.5% |
Why Choose Net First National Bank?
Based on SBA 7(a) lending track record from 1996-2001
- ✓Proven Track Record: 40 SBA loans approved, totaling $18.2M in financing
- ✓Industry Expertise: Specialized focus on Shellfish Fishing, General Automotive Repair, Landscaping Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 175 months
- ✓Loan Range: Loan sizes from $45K to $1.5M, with an average of $456K
- ✓Nationwide Reach: Active lending in 7 states, with strong presence in FL, TX, LA
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 Net First National Bank SBA lending
What types of businesses does Net First National Bank typically finance?
Net First National Bank specializes in SBA 7(a) lending to specific industries including shellfish fishing, general automotive repair, landscaping services, sign manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Net First National Bank's typical SBA loan terms?
Net First National Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 175 months (approximately 15 years). Loan sizes range from $45K to $1.5M, with an average loan size of $456K.
Do I need a business valuation for a Net First National Bank SBA loan?
Yes, Net First 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 Net First National Bank compare to other SBA lenders?
Net First National Bank has originated 40 SBA loans totaling $18.2M since 1996. 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 Net First National Bank lend in?
Net First National Bank provides SBA 7(a) financing with particularly strong presence in FL, TX, LA, GA, NY. 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.