GOOD
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
106
2010–2025
Total Volume
$96M
Gross loan amounts
States Active
4
With recorded loans
Programs
7(a) & 504
106 total segments
First Farmers Bank & Trust Co. has a strong focus on existing businesses, with 72% of their deals serving this purpose. This indicates they are well-suited for borrowers looking to acquire established companies rather than startups.
With an average 7(a) spread of P+2.57%, First Farmers Bank & Trust Co. offers competitive pricing compared to the national median of P+2.75%. This could result in lower overall borrowing costs for your loan.
The lender's growth trend shows a 17% year-over-year increase in deals, suggesting they are expanding their lending capacity. This could mean a higher likelihood of approval for new borrowers as they are actively seeking to grow their portfolio.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 13 504 loans, which use fixed SBA debenture rates.
States where First Farmers Bank & Trust Co. has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Restaurants & Food Service
Accommodation & Food Services
Other Health Practitioners
Health Care & Social Assistance
Administrative & Waste Services
Administrative & Waste Services
Wholesale Trade
Wholesale Trade
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Retail Trade
Retail Trade
Transportation & Warehousing
Transportation & Warehousing
+ 7 more
All recorded SBA lending activity for First Farmers Bank & Trust Co., grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Indiana · Manufacturing · $500K – $1M | 7(a) | 7 | P+2.75% | $718K | Q2 2023 |
| Indiana · Restaurants & Food Service · Under $150K | 7(a) | 6 | P+2.75% | $74K | Q3 2018 |
| Indiana · Manufacturing · $150K – $350K | 7(a) | 4 | P+2.75% | $320K | Q4 2010 |
| Indiana · Other Health Practitioners · $150K – $350K | 7(a) | 3 | P+2.75% | $241K | Q3 2022 |
| Indiana · Manufacturing · $2M – $5M | 7(a) | 3 | P+2.75% | $3.5M | Q4 2011 |
| Indiana · Other Health Practitioners · Under $150K | 7(a) | 3 | P+3.00% | $88K | Q3 2017 |
| Indiana · Wholesale Trade · $1M – $2M | 7(a) | 3 | P+2.00% | $1.3M | Q3 2012 |
| Indiana · Real Estate · $1M – $2M | 7(a) | 3 | P+2.50% | $1.3M | Q1 2011 |
| Indiana · Agriculture & Forestry · $2M – $5M | 7(a) | 3 | P+1.00% | $2.5M | Q4 2015 |
| Indiana · Manufacturing · $1M – $2M | 7(a) | 3 | P+2.75% | $1.7M | Q1 2011 |
| Indiana · Auto Repair & Maintenance · Under $150K | 7(a) | 2 | P+2.63% | $93K | Q3 2019 |
| Indiana · Management & IT Consulting · Under $150K | 7(a) | 2 | P+4.00% | $57K | Q3 2015 |
| Indiana · Administrative & Waste Services · $150K – $350K | 7(a) | 2 | P+3.13% | $325K | Q4 2012 |
| Indiana · Physician & Dental Offices · $500K – $1M | 7(a) | 2 | P+2.50% | $770K | Q1 2010 |
| Indiana · Wholesale Trade · $2M – $5M | 7(a) | 2 | P+1.52% | $2.8M | Q2 2012 |
| Indiana · Restaurants & Food Service · $150K – $350K | 7(a) | 2 | P+1.88% | $285K | Q1 2018 |
| Indiana · Transportation & Warehousing · $500K – $1M | 7(a) | 2 | P+2.50% | $770K | Q1 2011 |
| Indiana · Restaurants & Food Service · $1M – $2M | 7(a) | 2 | P+1.88% | $1.4M | Q4 2022 |
| Indiana · Laundry & Dry Cleaning · $150K – $350K | 7(a) | 1 | P+1.75% | $330K | Q2 2010 |
| Indiana · Other Repair & Services · Under $150K | 7(a) | 1 | P+2.00% | $30K | Q1 2016 |
| Indiana · Other Repair & Services · $150K – $350K | 7(a) | 1 | P+4.05% | $180K | Q1 2010 |
| Indiana · Other Repair & Services · $1M – $2M | 7(a) | 1 | P+2.25% | $1.6M | Q2 2012 |
| Indiana · Mining & Oil/Gas · $2M – $5M | 7(a) | 1 | P+2.75% | $5.0M | Q4 2010 |
| Indiana · Manufacturing · $350K – $500K | 7(a) | 1 | P+2.25% | $500K | Q4 2010 |
| Indiana · Retail Trade · Under $150K | 7(a) | 1 | P+2.25% | $75K | Q2 2015 |
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