TrustTexas Bank, S.S.B.
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by TrustTexas Bank, S.S.B. · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 311811 | Retail Bakeries | 1 | $64K | $64K | 20.0% |
| 812210 | Funeral Homes and Funeral Services | 1 | $1.1M | $1.1M | 20.0% |
Geographic Distribution
SBA lending activity for TrustTexas Bank, S.S.B. by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 5 | $1.7M | 100.0% |
Why Choose TrustTexas Bank, S.S.B.?
Based on SBA 7(a) lending track record from 2003-2012
- ✓Proven Track Record: 5 SBA loans approved, totaling $1.7M in financing
- ✓Industry Expertise: Specialized focus on Retail Bakeries, Funeral Homes and Funeral Services
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 186 months
- ✓Loan Range: Loan sizes from $59K to $1.1M, with an average of $334K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in TX
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 TrustTexas Bank, S.S.B. SBA lending
What types of businesses does TrustTexas Bank, S.S.B. typically finance?
TrustTexas Bank, S.S.B. specializes in SBA 7(a) lending to specific industries including retail bakeries, funeral homes and funeral services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are TrustTexas Bank, S.S.B.'s typical SBA loan terms?
TrustTexas Bank, S.S.B.'s SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 186 months (approximately 16 years). Loan sizes range from $59K to $1.1M, with an average loan size of $334K.
Do I need a business valuation for a TrustTexas Bank, S.S.B. SBA loan?
Yes, TrustTexas Bank, S.S.B. 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 TrustTexas Bank, S.S.B. compare to other SBA lenders?
TrustTexas Bank, S.S.B. has originated 5 SBA loans totaling $1.7M since 2003. 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 TrustTexas Bank, S.S.B. lend in?
TrustTexas Bank, S.S.B. provides SBA 7(a) financing with particularly strong presence in TX. 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.
Get your certified valuation from Fair Market Value.