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The FNB Community Bank

SBA 7(a) Lending Profile · All Time analysis

Loans: 36Volume: $6.8MAvg Loan: $188KAvg Rate: Avg Term: 144 monthsJobs: 0

Geographic Distribution

SBA lending activity for The FNB Community Bank by state

StateLoansVolumeShare
Illinois (IL)36$6.8M100.0%
Loan Volume
$6.8M
$6.8M

Why Choose The FNB Community Bank?

Based on SBA 7(a) lending track record from 1991-2006

  • Proven Track Record: 36 SBA loans approved, totaling $6.8M in financing
  • Industry Expertise: Specialized focus on Offices of Dentists, Prefabricated Wood Building Manufacturing, Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers
  • Competitive Terms: Average interest rate of with flexible term lengths averaging 144 months
  • Loan Range: Loan sizes from $13K to $800K, with an average of $188K
  • Nationwide Reach: Active lending in 1 states, with strong presence in IL

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 FNB Community Bank SBA lending

What types of businesses does The FNB Community Bank typically finance?

The FNB Community Bank specializes in SBA 7(a) lending to specific industries including offices of dentists, prefabricated wood building manufacturing, metal coating, engraving (except jewelry and silverware), and allied services to manufacturers, office furniture (except wood) manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.

What are The FNB Community Bank's typical SBA loan terms?

The FNB Community Bank's SBA 7(a) loans typically feature an average interest rate of and average term length of 144 months (approximately 12 years). Loan sizes range from $13K to $800K, with an average loan size of $188K.

Do I need a business valuation for a The FNB Community Bank SBA loan?

Yes, The FNB Community 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 FNB Community Bank compare to other SBA lenders?

The FNB Community Bank has originated 36 SBA loans totaling $6.8M since 1991. 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 FNB Community Bank lend in?

The FNB Community Bank provides SBA 7(a) financing with particularly strong presence in IL. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.

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