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    Bank · Iron Mountain, MI

    First National Bank & Trust Co: SBA lending profile

    SBA 7(a) loans, October 2021 to June 30, 2026 · Updated October 15, 2026 · Lender website
    25
    SBA loans approved
    $7.8M
    Total approved
    $167,500
    Median loan
    2
    States lent in
    40%
    To startups
    #799
    National rank by loans

    First National Bank & Trust Co approved 25 SBA loans worth $7.8M between October 2021 and June 2026, ranking #799 of 2,283 SBA lenders nationally by loan count. Its median loan was $167,500, and 40% went to startups or businesses under two years old. It lent in 2 states, most often in Michigan, and its most financed industry was restaurants and hotels.

    SBA loans per fiscal year

    071320FY14FY15: 1 loansFY15FY16: 3 loansFY16FY17: 3 loansFY17FY18: 8 loansFY18FY19: 3 loansFY19FY20: 3 loansFY20FY21: 1 loansFY21FY22: 8 loansFY22FY23: 11 loansFY2311FY24: 2 loansFY24FY25FY26 (Oct to Jun): 4 loansFY264
    Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

    Where First National Bank & Trust Co lends

    StateLoansApprovedMedian loanRank in state
    Michigan15$5.2M$123,700#70
    Wisconsin10$2.6M$223,800#78

    Industries First National Bank & Trust Co finances

    IndustryLoansShareMedian loan
    Restaurants and hotels8
    32%
    		$196,250
    Manufacturing6
    24%
    		$225,000
    Retail3
    12%
    		$250,000
    Professional and technical services2
    8%
    		$88,750
    Transportation and warehousing2
    8%
    		$74,350
    Wholesale trade2
    8%
    		$1,686,650
    Other services (repair, personal care)1
    4%
    		$50,700
    Education1
    4%
    		$75,000
    Loan size mix
    • Under $150,00044%
    • $150,000 to $500,00040%
    • $500,000 to $2 million12%
    • $2 million and up4%
    Loan programs used
    • Standard 7(a)52%
    • SBA Express44%
    • 7(a) WCP4%
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    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.