SBA lender · 7(a) program
First Bank & Trust
First Bank & Trust has approved 234 SBA loans worth $166.1M since FY2010 - the #397 SBA lender in the country by dollars approved. Everything below comes from the SBA’s own loan-level records.
National rank
#397
0.03% of all SBA dollars
Total approved
$166.1M
FY2010 onward
Loans
234
Median loan
$361,050
+101% vs national
Median rate
8.75%
+2.00 pts vs national
Charge-off rate
3.2%
31 resolved FY10-19 loans
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Reading the record
What First Bank & Trust’s numbers say
First Bank & Trust sits in the long tail of the SBA lending field, having approved 234 loans for a gross total of $166.1M since fiscal 2010. Its median loan of $361,050 is substantially larger than the $180,000 national median, which usually signals a focus on real-estate-backed or acquisition deals rather than small working-capital notes.
The median initial note rate across its 7(a) approvals is 8.75%, 2.00 points above the national median of 6.75%. Rate medians drawn across fifteen years reflect the mix of loan sizes and vintages a lender wrote as much as its pricing posture - a lender that grew fastest during a high-rate stretch will look expensive here even if its spread was ordinary.
Of its FY2010-FY2019 approvals that have reached a terminal status, 3.2% were charged off, 4.3 points below the national figure of 7.6%. Read that as a description of the credit box a lender chose, not as a verdict on it: lenders serving newer businesses and thinner files will always show higher losses than those writing large, collateralised acquisition loans.
Roughly 30% of its approvals went to businesses the SBA classified as new rather than existing, against 11% nationally - a meaningfully greater appetite for startups than the average SBA lender.
Where First Bank & Trust lends
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Questions about First Bank & Trust
- How many SBA loans has First Bank & Trust approved?
- First Bank & Trust has approved 234 SBA loans totalling $166,109,500 in gross approvals from fiscal year 2010 through the most recent SBA data release. That places it #397 among all SBA lenders by dollars approved.
- What is the typical First Bank & Trust SBA loan size?
- The median gross approval is $361,050, with the middle 80% of loans falling between $79,900 and $1,924,100. The national median across all SBA lenders is $180,000.
- What interest rate does First Bank & Trust charge on SBA 7(a) loans?
- The median initial note rate on First Bank & Trust's 7(a) approvals is 8.75%, compared with a national median of 6.75%. This is a historical median across all approvals since FY2010, not a quote - SBA 7(a) rates are pegged to a base rate that moves, and your rate depends on loan size, term, and credit profile.
- What is First Bank & Trust's SBA loan charge-off rate?
- 3.2% of its FY2010-FY2019 approvals that have reached a terminal status were charged off, against a national figure of 7.6%. A charge-off rate reflects the borrowers a lender chose to underwrite as much as anything else, and is not a measure of service quality.
Where to go from here
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