The Fisher National Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The Fisher National Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 48 | $12.8M | $266K | 20.0% |
| 722513 | Limited-Service Restaurants | 24 | $3.4M | $142K | 10.0% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 16 | $6.4M | $400K | 6.7% |
| 812199 | Other Personal Care Services | 8 | $2.8M | $344K | 3.3% |
| 459210 | Other | 8 | $560K | $70K | 3.3% |
| 444190 | Other Building Material Dealers | 8 | $2.8M | $351K | 3.3% |
| 111421 | Nursery and Tree Production | 8 | $2.8M | $350K | 3.3% |
| 812111 | Barber Shops | 8 | $936K | $117K | 3.3% |
| 459991 | Other | 8 | $2.8M | $345K | 3.3% |
| 484121 | General Freight Trucking, Long Distance, Truckload | 8 | $960K | $120K | 3.3% |
Geographic Distribution
SBA lending activity for The Fisher National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Illinois (IL) | 232 | $50.0M | 96.7% |
| Indiana (IN) | 8 | $529K | 3.3% |
Why Choose The Fisher National Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 240 SBA loans approved, totaling $50.5M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Limited-Service Restaurants, Automotive Body, Paint, and Interior Repair and Maintenance
- ✓Competitive Terms: Average interest rate of 7.05% with flexible term lengths averaging 168 months
- ✓Loan Range: Loan sizes from $40K to $473K, with an average of $211K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in IL, IN
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 Fisher National Bank SBA lending
What types of businesses does The Fisher National Bank typically finance?
The Fisher National Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, limited-service restaurants, automotive body, paint, and interior repair and maintenance, other personal care services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The Fisher National Bank's typical SBA loan terms?
The Fisher National Bank's SBA 7(a) loans typically feature an average interest rate of 7.05% and average term length of 168 months (approximately 14 years). Loan sizes range from $40K to $473K, with an average loan size of $211K.
Do I need a business valuation for a The Fisher National Bank SBA loan?
Yes, The Fisher National 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 Fisher National Bank compare to other SBA lenders?
The Fisher National Bank has originated 240 SBA loans totaling $50.5M 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 Fisher National Bank lend in?
The Fisher National Bank provides SBA 7(a) financing with particularly strong presence in IL, IN. 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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Professional valuations are often required for SBA loans over $250,000.
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