The First National Bank and Trust Company of Broken Arrow
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by The First National Bank and Trust Company of Broken Arrow
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 16 | $3.1M | $195K | 18.2% |
| 445310 | Beer, Wine, and Liquor Stores | 16 | $6.6M | $413K | 18.2% |
| 484230 | Specialized Freight (except Used Goods) Trucking, Long-Distance | 16 | $1.0M | $63K | 18.2% |
| 444180 | Other | 8 | $2.0M | $248K | 9.1% |
| 621399 | Offices of All Other Miscellaneous Health Practitioners | 8 | $1.2M | $150K | 9.1% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 8 | $400K | $50K | 9.1% |
| 446110 | Pharmacies and Drug Stores | 8 | $400K | $50K | 9.1% |
| 444190 | Other Building Material Dealers | 8 | $2.4M | $300K | 9.1% |
Geographic Distribution
SBA lending activity for The First National Bank and Trust Company of Broken Arrow by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Oklahoma (OK) | 88 | $17.1M | 100.0% |
Why Choose The First National Bank and Trust Company of Broken Arrow?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 88 SBA loans approved, totaling $17.1M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Beer, Wine, and Liquor Stores, Specialized Freight (except Used Goods) Trucking, Long-Distance
- ✓Competitive Terms: Average interest rate of 6.20% with flexible term lengths averaging 74 months
- ✓Loan Range: Loan sizes from $15K to $750K, with an average of $194K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in OK
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 National Bank and Trust Company of Broken Arrow SBA lending
What types of businesses does The First National Bank and Trust Company of Broken Arrow typically finance?
The First National Bank and Trust Company of Broken Arrow specializes in SBA 7(a) lending to specific industries including full-service restaurants, beer, wine, and liquor stores, specialized freight (except used goods) trucking, long-distance, other. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The First National Bank and Trust Company of Broken Arrow's typical SBA loan terms?
The First National Bank and Trust Company of Broken Arrow's SBA 7(a) loans typically feature an average interest rate of 6.20% and average term length of 74 months (approximately 6 years). Loan sizes range from $15K to $750K, with an average loan size of $194K.
Do I need a business valuation for a The First National Bank and Trust Company of Broken Arrow SBA loan?
Yes, The First National Bank and Trust Company of Broken Arrow 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 National Bank and Trust Company of Broken Arrow compare to other SBA lenders?
The First National Bank and Trust Company of Broken Arrow has originated 88 SBA loans totaling $17.1M since 2020. 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 National Bank and Trust Company of Broken Arrow lend in?
The First National Bank and Trust Company of Broken Arrow provides SBA 7(a) financing with particularly strong presence in OK. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
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