77
First Bank
National Rank by SBA 7(a) Loan Volume (2025)
$776.4M
Total Volume
946
Loans Funded
$821K
Avg Loan Size
10.24%
Avg Interest Rate
About First Bank
In 2025, First Bank funded $776.4M in SBA 7(a) loans across 946 businesses nationwide, making them the #77 SBA lender in the United States by loan volume.
💡 Key Insight: First Bank’s average loan size is $821K at an average rate of 10.24%. Working with an SBA loan broker can help you access this lender and potentially negotiate better terms.
Top States for First Bank SBA Loans
First Bank is most active in Florida, with lending activity across multiple states. Here’s where they funded the most SBA 7(a) loans in 2025:
| State | Loans | Volume |
|---|---|---|
| Florida | 120 | $95.4M |
| Texas | 90 | $93.9M |
| North Carolina | 66 | $66.8M |
| California | 70 | $45.1M |
| New York | 44 | $38.2M |
| Arizona | 33 | $36.8M |
| Georgia | 37 | $27.2M |
| New Jersey | 35 | $26.0M |
| Minnesota | 31 | $25.2M |
| Indiana | 27 | $23.2M |
Top Industries Funded by First Bank
Here are the industries where First Bank funded the most SBA 7(a) loans in 2025:
| Industry | Loans | Volume |
|---|---|---|
| All Other Amusement and Recreation Industries | 26 | $36.6M |
| Child Day Care Services | 27 | $35.4M |
| Limited-Service Restaurants | 38 | $30.1M |
| Fitness and Recreational Sports Centers | 43 | $27.9M |
| Snack and Nonalcoholic Beverage Bars | 31 | $23.7M |
| Electrical Contractors | 14 | $22.5M |
| Plumbing, Heating, and Air-Conditioning Contractors | 16 | $20.9M |
| Residential Remodelers | 37 | $18.8M |
| Full-Service Restaurants | 19 | $16.2M |
| Pet Care (except Veterinary) Services | 21 | $15.2M |
How to Get an SBA Loan Through First Bank
Applying for an SBA 7(a) loan through First 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 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 Bank and 2,000+ other SBA lenders to find the best rates and terms for your business.
