The First National Bank of Hutchinson
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The First National Bank of Hutchinson · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 322299 | All Other Converted Paper Product Manufacturing | 3 | $5.8M | $1.9M | 5.8% |
| 541940 | Veterinary Services | 3 | $830K | $277K | 5.8% |
| 441110 | New Car Dealers | 2 | $350K | $175K | 3.8% |
| 332710 | Machine Shops | 2 | $1.4M | $723K | 3.8% |
| 238110 | Poured Concrete Foundation and Structure Contractors | 2 | $160K | $80K | 3.8% |
| 561730 | Landscaping Services | 2 | $392K | $196K | 3.8% |
| 722511 | Full-Service Restaurants | 1 | $425K | $425K | 1.9% |
| 722513 | Limited-Service Restaurants | 1 | $217K | $217K | 1.9% |
| 541110 | Offices of Lawyers | 1 | $330K | $330K | 1.9% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 1 | $980K | $980K | 1.9% |
Geographic Distribution
SBA lending activity for The First National Bank of Hutchinson by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Kansas (KS) | 49 | $13.3M | 94.2% |
| Arizona (AZ) | 3 | $5.8M | 5.8% |
Why Choose The First National Bank of Hutchinson?
Based on SBA 7(a) lending track record from 1992-2025
- ✓Proven Track Record: 52 SBA loans approved, totaling $19.1M in financing
- ✓Industry Expertise: Specialized focus on All Other Converted Paper Product Manufacturing, Veterinary Services, New Car Dealers
- ✓Competitive Terms: Average interest rate of 5.89% with flexible term lengths averaging 103 months
- ✓Loan Range: Loan sizes from $18K to $4.2M, with an average of $366K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in KS, AZ
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 Hutchinson SBA lending
What types of businesses does The First National Bank of Hutchinson typically finance?
The First National Bank of Hutchinson specializes in SBA 7(a) lending to specific industries including all other converted paper product manufacturing, veterinary services, new car dealers, machine shops. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The First National Bank of Hutchinson's typical SBA loan terms?
The First National Bank of Hutchinson's SBA 7(a) loans typically feature an average interest rate of 5.89% and average term length of 103 months (approximately 9 years). Loan sizes range from $18K to $4.2M, with an average loan size of $366K.
Do I need a business valuation for a The First National Bank of Hutchinson SBA loan?
Yes, The First National Bank of Hutchinson 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 Hutchinson compare to other SBA lenders?
The First National Bank of Hutchinson has originated 52 SBA loans totaling $19.1M 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 National Bank of Hutchinson lend in?
The First National Bank of Hutchinson provides SBA 7(a) financing with particularly strong presence in KS, AZ. 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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