The First National Bank and Trust Company of Miami
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The First National Bank and Trust Company of Miami · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 561210 | Facilities Support Services | 1 | $758K | $758K | 33.3% |
Geographic Distribution
SBA lending activity for The First National Bank and Trust Company of Miami by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Oklahoma (OK) | 3 | $1.3M | 100.0% |
Why Choose The First National Bank and Trust Company of Miami?
Based on SBA 7(a) lending track record from 1995-2011
- ✓Proven Track Record: 3 SBA loans approved, totaling $1.3M in financing
- ✓Industry Expertise: Specialized focus on Facilities Support Services
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 180 months
- ✓Loan Range: Loan sizes from $150K to $758K, with an average of $419K
- ✓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 Miami SBA lending
What types of businesses does The First National Bank and Trust Company of Miami typically finance?
The First National Bank and Trust Company of Miami specializes in SBA 7(a) lending to specific industries including facilities support services. 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 Miami's typical SBA loan terms?
The First National Bank and Trust Company of Miami's SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 180 months (approximately 15 years). Loan sizes range from $150K to $758K, with an average loan size of $419K.
Do I need a business valuation for a The First National Bank and Trust Company of Miami SBA loan?
Yes, The First National Bank and Trust Company of Miami 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 Miami compare to other SBA lenders?
The First National Bank and Trust Company of Miami has originated 3 SBA loans totaling $1.3M since 1995. 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 Miami lend in?
The First National Bank and Trust Company of Miami 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
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.
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Certified valuations are often required for SBA loans over $250,000.
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