The First Citizens National Bank of Upper Sandusky
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The First Citizens National Bank of Upper Sandusky · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811111 | General Automotive Repair | 4 | $338K | $85K | 6.5% |
| 621310 | Offices of Chiropractors | 3 | $186K | $62K | 4.8% |
| 238910 | Site Preparation Contractors | 2 | $133K | $67K | 3.2% |
| 311352 | Confectionery Manufacturing from Purchased Chocolate | 1 | $750K | $750K | 1.6% |
| 812990 | All Other Personal Services | 1 | $110K | $110K | 1.6% |
| 713990 | All Other Amusement and Recreation Industries | 1 | $300K | $300K | 1.6% |
| 621210 | Offices of Dentists | 1 | $60K | $60K | 1.6% |
| 312112 | Bottled Water Manufacturing | 1 | $70K | $70K | 1.6% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 1 | $171K | $171K | 1.6% |
| 561311 | Employment Placement Agencies | 1 | $231K | $231K | 1.6% |
Geographic Distribution
SBA lending activity for The First Citizens National Bank of Upper Sandusky by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Ohio (OH) | 62 | $7.8M | 100.0% |
Why Choose The First Citizens National Bank of Upper Sandusky?
Based on SBA 7(a) lending track record from 1992-2015
- ✓Proven Track Record: 62 SBA loans approved, totaling $7.8M in financing
- ✓Industry Expertise: Specialized focus on General Automotive Repair, Offices of Chiropractors, Site Preparation Contractors
- ✓Competitive Terms: Average interest rate of 6.53% with flexible term lengths averaging 122 months
- ✓Loan Range: Loan sizes from $6K to $815K, with an average of $125K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in OH
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 The First Citizens National Bank of Upper Sandusky SBA lending
What types of businesses does The First Citizens National Bank of Upper Sandusky typically finance?
The First Citizens National Bank of Upper Sandusky specializes in SBA 7(a) lending to specific industries including general automotive repair, offices of chiropractors, site preparation contractors, confectionery manufacturing from purchased chocolate. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The First Citizens National Bank of Upper Sandusky's typical SBA loan terms?
The First Citizens National Bank of Upper Sandusky's SBA 7(a) loans typically feature an average interest rate of 6.53% and average term length of 122 months (approximately 10 years). Loan sizes range from $6K to $815K, with an average loan size of $125K.
Do I need a business valuation for a The First Citizens National Bank of Upper Sandusky SBA loan?
Yes, The First Citizens National Bank of Upper Sandusky 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 The First Citizens National Bank of Upper Sandusky compare to other SBA lenders?
The First Citizens National Bank of Upper Sandusky has originated 62 SBA loans totaling $7.8M 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 The First Citizens National Bank of Upper Sandusky lend in?
The First Citizens National Bank of Upper Sandusky provides SBA 7(a) financing with particularly strong presence in OH. 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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