SBA lender · 7(a) program
The First National Bank of McGregor d/b/a TFNB Your Bank for Life
The First National Bank of McGregor d/b/a TFNB Your Bank for Life has approved 188 SBA loans worth $86.2M since FY2010. Everything below comes from the SBA’s own loan-level records.
National rank
#576
0.02% of all SBA dollars
Total approved
$86.2M
FY2010 onward
Loans
188
Median loan
$166,850
-7% vs national
Median rate
7.00%
+0.25 pts vs national
Charge-off rate
15.0%
60 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 The First National Bank of McGregor d/b/a TFNB Your Bank for Life’s numbers say
The First National Bank of McGregor d/b/a TFNB Your Bank for Life sits in the long tail of the SBA lending field, having approved 188 loans for a gross total of $86.2M since fiscal 2010. Its median loan of $166,850 is close to the $180,000 national median.
The median initial note rate across its 7(a) approvals is 7.00%, 0.25 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, 15.0% were charged off, 7.4 points above 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 23% 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 The First National Bank of McGregor d/b/a TFNB Your Bank for Life lends
| State | Loans | Share |
|---|---|---|
| Texas | 183 | |
| Oklahoma | 1 | |
| Oregon | 1 | |
| Montana | 1 | |
| Pennsylvania | 1 | |
| New Mexico | 1 |
What it lends against
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 The First National Bank of McGregor d/b/a TFNB Your Bank for Life
- How many SBA loans has The First National Bank of McGregor d/b/a TFNB Your Bank for Life approved?
- The First National Bank of McGregor d/b/a TFNB Your Bank for Life has approved 188 SBA loans totalling $86,194,400 in gross approvals from fiscal year 2010 through the most recent SBA data release. That places it outside the top 500 among all SBA lenders by dollars approved.
- What is the typical The First National Bank of McGregor d/b/a TFNB Your Bank for Life SBA loan size?
- The median gross approval is $166,850, with the middle 80% of loans falling between $32,000 and $1,104,000. The national median across all SBA lenders is $180,000.
- What interest rate does The First National Bank of McGregor d/b/a TFNB Your Bank for Life charge on SBA 7(a) loans?
- The median initial note rate on The First National Bank of McGregor d/b/a TFNB Your Bank for Life's 7(a) approvals is 7.00%, 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 The First National Bank of McGregor d/b/a TFNB Your Bank for Life's SBA loan charge-off rate?
- 15.0% 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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