First Commonwealth Bank SBA Loans (2027): Rates And Ranking
First Commonwealth Bank approved 155 SBA 7(a) loans worth $104M in FY2026, ranking #62 nationally by dollar volume. 17 of those loans financed business acquisitions.
Key Takeaways
- Headquartered in Indiana, PA; lent in 10+ states.
- Ohio was its largest state at $44.8M.
- Its top industry was Offices of Physicians, Mental Health Specialists.
- 14% of its SBA dollars financed acquisitions (national share 27%).
- Most loans went through the Preferred Lenders Program (129 loans).
Where First Commonwealth Bank Lends
Industries First Commonwealth Bank Funds
Does First Commonwealth Bank Finance Business Acquisitions?
First Commonwealth Bank closed 17 change of ownership loans in FY2026, averaging $863K.
Loan Sizes
Buying A Business?
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First Commonwealth Bank SBA Lending Since 2020
FY2026 dollar volume was down 21.9% from FY2025, and the loan count was down 28.9%. Part of that drop is the calendar: SBA approved no 7(a) loans in October 2025 during the federal government shutdown (October 1 to November 12, 2025), so FY2026 covers about 11 months of lending.
Is First Commonwealth Bank Right For Your Deal?
First Commonwealth Bank's average SBA loan was $669K (median $350K), well above the national average, so it tends to fit larger deals.
Loans averaged 12.2 years in term and 100% were variable rate. 63% went to startups or businesses under two years old, and 45% to franchises such as The Back Nine, Hello Sugar, Brazilian Wax and Sugar Salon, Voda Cleaning & Restoration.
Lenders ranked near First Commonwealth Bank nationally include Fulton Bank, Regions Bank, OakStar Bank, Heritage Bank Inc. Comparing two or three of them on the same deal is the best way to see real terms.
Questions About First Commonwealth Bank SBA Loans
How many SBA loans did First Commonwealth Bank make in 2026?
First Commonwealth Bank approved 155 SBA 7(a) loans totaling $104M in FY2026 (October 2025 to September 2026), ranking #62 nationally by dollar volume.
What rate does First Commonwealth Bank charge on SBA loans?
Its average initial rate was 9.02% (8.62% weighted by loan size), and 100% of its loans were variable. Your rate depends on loan size, term and credit.
Does First Commonwealth Bank do SBA loans to buy a business?
Yes. It closed 17 business acquisition loans in FY2026, averaging $863K.
Where does First Commonwealth Bank make SBA loans?
Its largest states were Ohio, Pennsylvania, Texas, Florida, Michigan.
Does GoSBA Loans charge borrowers?
No. GoSBA Loans is 100% free to borrowers. We take your deal to the SBA lenders that fit it.
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About this data. Rankings use SBA 7(a) loan approvals from the SBA FOIA data set, fiscal year 2026 (October 1, 2025 to September 30, 2026), as published by SBA through September 30, 2026. Lenders are ranked by approved dollar volume. Rates are the initial rate at approval, a simple average across loans; most SBA 7(a) loans are variable and move with the Prime Rate. Business acquisition loans are those SBA marks as a change of ownership. GoSBA Loans is an SBA loan broker, not a lender, and is not affiliated with SBA.
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