First Heritage Federal Credit Union approved 40 SBA loans worth $9.7M between October 2021 and June 2026, ranking #626 of 2,283 SBA lenders nationally by loan count. Its median loan was $201,000, and 50% went to startups or businesses under two years old. It lent in 2 states, most often in New York, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| New York | 33 | $7.5M | $207,000 | #59 |
| Pennsylvania | 7 | $2.1M | $160,000 | #119 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 13 | $150,000 | |
| Administrative and support services | 6 | $226,600 | |
| Other services (repair, personal care) | 5 | $156,600 | |
| Arts, entertainment and recreation | 4 | $235,000 | |
| Retail | 4 | $475,000 | |
| Transportation and warehousing | 4 | $162,250 | |
| Health care and social assistance | 2 | $169,750 | |
| Manufacturing | 1 | $396,000 | |
| Construction | 1 | $696,400 |