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    Bank · Waverly, IA

    First Bank: SBA lending profile

    SBA 7(a) loans, October 2021 to June 30, 2026 · Updated October 15, 2026 · Lender website
    11
    SBA loans approved
    $3.6M
    Total approved
    $189,000
    Median loan
    1
    States lent in
    36%
    To startups
    #1163
    National rank by loans

    First Bank approved 11 SBA loans worth $3.6M between October 2021 and June 2026, ranking #1163 of 2,283 SBA lenders nationally by loan count. Its median loan was $189,000, and 36% went to startups or businesses under two years old. It lent in 1 states, most often in Iowa, and its most financed industry was administrative and support services.

    SBA loans per fiscal year

    0369FY14FY15: 3 loansFY15FY16FY17: 5 loansFY17FY18: 7 loansFY18FY19: 8 loansFY198FY20: 3 loansFY20FY21: 7 loansFY21FY22: 4 loansFY22FY23: 4 loansFY23FY24: 2 loansFY24FY25FY26 (Oct to Jun): 1 loansFY261
    Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

    Where First Bank lends

    StateLoansApprovedMedian loanRank in state
    Iowa11$3.6M$189,000#40

    Industries First Bank finances

    IndustryLoansShareMedian loan
    Administrative and support services3
    27%
    		$220,000
    Other services (repair, personal care)3
    27%
    		$189,000
    Manufacturing2
    18%
    		$211,750
    Restaurants and hotels2
    18%
    		$210,000
    Professional and technical services1
    9%
    		$150,000
    Loan size mix
    • Under $150,00027%
    • $150,000 to $500,00055%
    • $500,000 to $2 million18%
    • $2 million and up0%
    Loan programs used
    • Standard 7(a)73%
    • SBA Express27%
    SBA Lenders by StateLender DirectoryLender MatchMethodologyAboutPrivacyTermsDisclaimerContact
    Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.