The First National Bank of McGregor d/b/a TFNB Your Bank for
SBA 7(a) Lending Profile · FY 2025 analysis
Industry Focus
Top industries served by The First National Bank of McGregor d/b/a TFNB Your Bank for
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 713940 | Fitness and Recreational Sports Centers | 56 | $10.9M | $194K | 7.0% |
| 484110 | General Freight Trucking, Local | 48 | $3.1M | $64K | 6.0% |
| 722511 | Full-Service Restaurants | 40 | $25.7M | $643K | 5.0% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 40 | $14.8M | $371K | 5.0% |
| 812990 | All Other Personal Services | 32 | $2.1M | $66K | 4.0% |
| 722513 | Limited-Service Restaurants | 32 | $12.0M | $374K | 4.0% |
| 561730 | Landscaping Services | 24 | $6.2M | $258K | 3.0% |
| 238990 | All Other Specialty Trade Contractors | 24 | $4.0M | $167K | 3.0% |
| 611420 | Computer Training | 24 | $3.1M | $129K | 3.0% |
| 445110 | Supermarkets and Other Grocery (except Convenience) Stores | 24 | $4.5M | $186K | 3.0% |
Geographic Distribution
SBA lending activity for The First National Bank of McGregor d/b/a TFNB Your Bank for by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 768 | $318.1M | 96.0% |
| Montana (MT) | 8 | $16.6M | 1.0% |
| New Mexico (NM) | 8 | $1.6M | 1.0% |
| Oregon (OR) | 8 | $607K | 1.0% |
| Pennsylvania (PA) | 8 | $493K | 1.0% |
Why Choose The First National Bank of McGregor d/b/a TFNB Your Bank for?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 800 SBA loans approved, totaling $337.5M in financing
- ✓Industry Expertise: Specialized focus on Fitness and Recreational Sports Centers, General Freight Trucking, Local, Full-Service Restaurants
- ✓Competitive Terms: Average interest rate of 7.67% with flexible term lengths averaging 104 months
- ✓Loan Range: Loan sizes from $8K to $4.4M, with an average of $422K
- ✓Nationwide Reach: Active lending in 5 states, with strong presence in TX, OR, NM
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 McGregor d/b/a TFNB Your Bank for SBA lending
What types of businesses does The First National Bank of McGregor d/b/a TFNB Your Bank for typically finance?
The First National Bank of McGregor d/b/a TFNB Your Bank for specializes in SBA 7(a) lending to specific industries including fitness and recreational sports centers, general freight trucking, local, full-service restaurants, snack and nonalcoholic beverage bars. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The First National Bank of McGregor d/b/a TFNB Your Bank for's typical SBA loan terms?
The First National Bank of McGregor d/b/a TFNB Your Bank for's SBA 7(a) loans typically feature an average interest rate of 7.67% and average term length of 104 months (approximately 9 years). Loan sizes range from $8K to $4.4M, with an average loan size of $422K.
Do I need a business valuation for a The First National Bank of McGregor d/b/a TFNB Your Bank for SBA loan?
Yes, The First National Bank of McGregor d/b/a TFNB Your Bank for 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 McGregor d/b/a TFNB Your Bank for compare to other SBA lenders?
The First National Bank of McGregor d/b/a TFNB Your Bank for has originated 800 SBA loans totaling $337.5M 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 McGregor d/b/a TFNB Your Bank for lend in?
The First National Bank of McGregor d/b/a TFNB Your Bank for provides SBA 7(a) financing with particularly strong presence in TX, OR, NM, PA, MT. 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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