First Bank of the Lake approved 2,275 SBA loans worth $1.7B between October 2021 and June 2026, ranking #21 of 2,283 SBA lenders nationally by loan count. Its median loan was $335,000, and 64% went to startups or businesses under two years old. It lent in 52 states, most often in Texas, and its most financed industry was construction.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Texas | 304 | $233.7M | $335,350 | #18 |
| California | 303 | $208.3M | $250,000 | #28 |
| Florida | 259 | $208.7M | $350,000 | #19 |
| Georgia | 107 | $71.7M | $320,000 | #22 |
| New York | 104 | $86.7M | $290,250 | #29 |
| North Carolina | 93 | $54.3M | $350,000 | #23 |
| New Jersey | 72 | $41.8M | $342,500 | #27 |
| Pennsylvania | 66 | $44.4M | $260,500 | #32 |
| Colorado | 64 | $41.0M | $349,500 | #29 |
| Virginia | 61 | $46.7M | $349,900 | #21 |
| Arizona | 57 | $50.7M | $363,000 | #29 |
| Illinois | 55 | $31.3M | $317,000 | #33 |
| Tennessee | 50 | $33.5M | $356,000 | #17 |
| Indiana | 48 | $52.6M | $456,750 | #33 |
| Washington | 35 | $25.6M | $324,500 | #48 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Construction | 363 | $295,500 | |
| Restaurants and hotels | 286 | $565,500 | |
| Health care and social assistance | 279 | $330,000 | |
| Retail | 241 | $292,000 | |
| Other services (repair, personal care) | 238 | $412,000 | |
| Administrative and support services | 194 | $244,100 | |
| Arts, entertainment and recreation | 172 | $519,000 | |
| Professional and technical services | 145 | $150,000 | |
| Manufacturing | 102 | $350,000 | |
| Wholesale trade | 54 | $168,000 |