First Bank approved 72 SBA loans worth $74.2M between October 2021 and June 2026, ranking #445 of 2,283 SBA lenders nationally by loan count. Its median loan was $500,000, and 21% went to startups or businesses under two years old. It lent in 5 states, most often in New Jersey, and its most financed industry was retail.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| New Jersey | 42 | $39.5M | $551,000 | #39 |
| Pennsylvania | 12 | $16.1M | $490,000 | #85 |
| New York | 10 | $11.9M | $720,000 | #111 |
| Florida | 7 | $6.0M | $150,000 | #161 |
| Connecticut | 1 | $675K | $675,000 | #139 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Retail | 11 | $675,000 | |
| Construction | 10 | $737,500 | |
| Professional and technical services | 8 | $228,400 | |
| Wholesale trade | 8 | $250,000 | |
| Restaurants and hotels | 7 | $680,000 | |
| Manufacturing | 6 | $415,000 | |
| Health care and social assistance | 4 | $403,500 | |
| Information and media | 3 | $250,000 | |
| Administrative and support services | 3 | $365,000 | |
| Arts, entertainment and recreation | 3 | $1,000,000 |