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First Commonwealth Bank
National Rank by SBA 7(a) Loan Volume (2025)
$113.6M
Total Volume
195
Loans Funded
$583K
Avg Loan Size
9.59%
Avg Interest Rate
About First Commonwealth Bank
In 2025, First Commonwealth Bank funded $113.6M in SBA 7(a) loans across 195 businesses nationwide, making them the #61 SBA lender in the United States by loan volume.
💡 Key Insight: First Commonwealth Bank’s average loan size is $583K at an average rate of 9.59%. Working with an SBA loan broker can help you access this lender and potentially negotiate better terms.
Top States for First Commonwealth Bank SBA Loans
First Commonwealth Bank is most active in Ohio, with lending activity across multiple states. Here’s where they funded the most SBA 7(a) loans in 2025:
| State | Loans | Volume |
|---|---|---|
| Ohio | 61 | $46.1M |
| Pennsylvania | 66 | $40.7M |
| Texas | 17 | $7.3M |
| Florida | 16 | $5.8M |
| South Carolina | 4 | $2.3M |
| North Carolina | 4 | $1.9M |
| Virginia | 2 | $1.1M |
| Georgia | 2 | $995K |
| Illinois | 4 | $827K |
| Colorado | 2 | $721K |
Top Industries Funded by First Commonwealth Bank
Here are the industries where First Commonwealth Bank funded the most SBA 7(a) loans in 2025:
| Industry | Loans | Volume |
|---|---|---|
| Limited-Service Restaurants | 7 | $4.8M |
| Other Aircraft Parts and Auxiliary Equipment Manufacturing | 2 | $4.8M |
| Full-Service Restaurants | 7 | $4.6M |
| Packaging and Labeling Services | 1 | $4.6M |
| Fitness and Recreational Sports Centers | 11 | $4.4M |
| Locksmiths | 6 | $3.8M |
| Retail Bakeries | 1 | $3.7M |
| Plumbing, Heating, and Air-Conditioning Contractors | 5 | $3.3M |
| All Other Amusement and Recreation Industries | 7 | $3.0M |
| Commercial and Institutional Building Construction | 4 | $2.7M |
How to Get an SBA Loan Through First Commonwealth Bank
Applying for an SBA 7(a) loan through First Commonwealth Bank typically involves:
- Pre-qualification — Determine if your business meets SBA eligibility requirements
- Documentation — Gather financial statements, tax returns, and a business plan
- Application — Submit through First Commonwealth Bank or work with an SBA loan broker for faster processing
- Underwriting — The bank reviews your application and makes a decision
- Closing — Finalize terms and receive your funding
Ready to Apply for an SBA Loan?
Our brokers can help you access First Commonwealth Bank and 2,000+ other SBA lenders to find the best rates and terms for your business.
