Texas First State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Texas First State Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811191 | Automotive Oil Change and Lubrication Shops | 1 | $35K | $35K | 33.3% |
Geographic Distribution
SBA lending activity for Texas First State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 3 | $490K | 100.0% |
Why Choose Texas First State Bank?
Based on SBA 7(a) lending track record from 1999-2001
- ✓Proven Track Record: 3 SBA loans approved, totaling $490K in financing
- ✓Industry Expertise: Specialized focus on Automotive Oil Change and Lubrication Shops
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 130 months
- ✓Loan Range: Loan sizes from $35K to $305K, with an average of $163K
- ✓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 Texas First State Bank SBA lending
What types of businesses does Texas First State Bank typically finance?
Texas First State Bank specializes in SBA 7(a) lending to specific industries including automotive oil change and lubrication shops. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Texas First State Bank's typical SBA loan terms?
Texas First State Bank'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 $35K to $305K, with an average loan size of $163K.
Do I need a business valuation for a Texas First State Bank SBA loan?
Yes, Texas First State 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 Texas First State Bank compare to other SBA lenders?
Texas First State Bank has originated 3 SBA loans totaling $490K since 1999. 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 Texas First State Bank lend in?
Texas First State 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.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
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