The First National Bank of Bastrop
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The First National Bank of Bastrop
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 624410 | Child Day Care Services | 8 | $1.7M | $212K | 50.0% |
| 621210 | Offices of Dentists | 8 | $40.0M | $5.0M | 50.0% |
Geographic Distribution
SBA lending activity for The First National Bank of Bastrop by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 16 | $41.7M | 100.0% |
Why Choose The First National Bank of Bastrop?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 16 SBA loans approved, totaling $41.7M in financing
- ✓Industry Expertise: Specialized focus on Child Day Care Services, Offices of Dentists
- ✓Competitive Terms: Average interest rate of 10.38% with flexible term lengths averaging 122 months
- ✓Loan Range: Loan sizes from $212K to $5.0M, with an average of $2.6M
- ✓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 The First National Bank of Bastrop SBA lending
What types of businesses does The First National Bank of Bastrop typically finance?
The First National Bank of Bastrop specializes in SBA 7(a) lending to specific industries including child day care services, offices of dentists. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The First National Bank of Bastrop's typical SBA loan terms?
The First National Bank of Bastrop's SBA 7(a) loans typically feature an average interest rate of 10.38% and average term length of 122 months (approximately 10 years). Loan sizes range from $212K to $5.0M, with an average loan size of $2.6M.
Do I need a business valuation for a The First National Bank of Bastrop SBA loan?
Yes, The First National Bank of Bastrop 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 of Bastrop compare to other SBA lenders?
The First National Bank of Bastrop has originated 16 SBA loans totaling $41.7M 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 of Bastrop lend in?
The First National Bank of Bastrop 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.
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Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
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