The First Security Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The First Security Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 213111 | Drilling Oil and Gas Wells | 16 | $8.9M | $557K | 16.7% |
| 445110 | Supermarkets and Other Grocery (except Convenience) Stores | 16 | $4.6M | $291K | 16.7% |
| 213112 | Support Activities for Oil and Gas Operations | 8 | $2.0M | $250K | 8.3% |
| 459420 | Other | 8 | $652K | $82K | 8.3% |
| 221310 | Water Supply and Irrigation Systems | 8 | $1.3M | $160K | 8.3% |
| 237310 | Highway, Street, and Bridge Construction | 8 | $4.0M | $500K | 8.3% |
| 237120 | Oil and Gas Pipeline and Related Structures Construction | 8 | $21.4M | $2.7M | 8.3% |
| 115210 | Support Activities for Animal Production | 8 | $4.0M | $500K | 8.3% |
| 811192 | Car Washes | 8 | $20.0M | $2.5M | 8.3% |
| 237110 | Water and Sewer Line and Related Structures Construction | 8 | $4.0M | $500K | 8.3% |
Geographic Distribution
SBA lending activity for The First Security Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 32 | $44.7M | 33.3% |
| Oklahoma (OK) | 56 | $24.8M | 58.3% |
| Kansas (KS) | 8 | $1.4M | 8.3% |
Why Choose The First Security Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 96 SBA loans approved, totaling $70.9M in financing
- ✓Industry Expertise: Specialized focus on Drilling Oil and Gas Wells, Supermarkets and Other Grocery (except Convenience) Stores, Support Activities for Oil and Gas Operations
- ✓Competitive Terms: Average interest rate of 8.21% with flexible term lengths averaging 159 months
- ✓Loan Range: Loan sizes from $82K to $2.7M, with an average of $739K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in OK, TX, 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 Security Bank SBA lending
What types of businesses does The First Security Bank typically finance?
The First Security Bank specializes in SBA 7(a) lending to specific industries including drilling oil and gas wells, supermarkets and other grocery (except convenience) stores, support activities for oil and gas operations, other. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The First Security Bank's typical SBA loan terms?
The First Security Bank's SBA 7(a) loans typically feature an average interest rate of 8.21% and average term length of 159 months (approximately 13 years). Loan sizes range from $82K to $2.7M, with an average loan size of $739K.
Do I need a business valuation for a The First Security Bank SBA loan?
Yes, The First Security Bank 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 Security Bank compare to other SBA lenders?
The First Security Bank has originated 96 SBA loans totaling $70.9M 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 Security Bank lend in?
The First Security Bank provides SBA 7(a) financing with particularly strong presence in OK, TX, 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?
Professional valuations are often required for SBA loans over $250,000.
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