The First National Bank of Scott City
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The First National Bank of Scott City · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 812910 | Pet Care (except Veterinary) Services | 1 | $15K | $15K | 20.0% |
| 112390 | Other Poultry Production | 1 | $57K | $57K | 20.0% |
Geographic Distribution
SBA lending activity for The First National Bank of Scott City by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Kansas (KS) | 5 | $222K | 100.0% |
Why Choose The First National Bank of Scott City?
Based on SBA 7(a) lending track record from 2002-2005
- ✓Proven Track Record: 5 SBA loans approved, totaling $222K in financing
- ✓Industry Expertise: Specialized focus on Pet Care (except Veterinary) Services, Other Poultry Production
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 69 months
- ✓Loan Range: Loan sizes from $15K to $75K, with an average of $44K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in KS
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 Scott City SBA lending
What types of businesses does The First National Bank of Scott City typically finance?
The First National Bank of Scott City specializes in SBA 7(a) lending to specific industries including pet care (except veterinary) services, other poultry production. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The First National Bank of Scott City's typical SBA loan terms?
The First National Bank of Scott City's SBA 7(a) loans typically feature an average interest rate of — and average term length of 69 months (approximately 6 years). Loan sizes range from $15K to $75K, with an average loan size of $44K.
Do I need a business valuation for a The First National Bank of Scott City SBA loan?
Yes, The First National Bank of Scott City 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 Scott City compare to other SBA lenders?
The First National Bank of Scott City has originated 5 SBA loans totaling $222K since 2002. 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 Scott City lend in?
The First National Bank of Scott City provides SBA 7(a) financing with particularly strong presence in KS. 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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