STRONG
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
399
2010–2025
Total Volume
$231M
Gross loan amounts
States Active
10
With recorded loans
Programs
7(a) & 504
399 total segments
First Federal Savings Bank has a strong focus on existing businesses, with 53% of their deals serving this purpose. This makes them a good choice for established businesses looking to expand or refinance.
With an average 7(a) spread of P+2.03%, First Federal Savings Bank offers competitive pricing compared to the national median of P+2.75%. This could save borrowers money over the life of their loan.
Despite a solid presence in the SBA market, First Federal Savings Bank has seen a 20% decline in deal volume year-over-year. This trend may indicate a tightening of lending standards, which could affect approval rates for new borrowers.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 92 504 loans, which use fixed SBA debenture rates.
States where First Federal Savings Bank has recorded SBA lending activity.
+ 5 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Restaurants & Food Service
Accommodation & Food Services
Hotels & Accommodation
Accommodation & Food Services
Specialty Trade Contractors
Construction
Wholesale Trade
Wholesale Trade
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Other Health Practitioners
Health Care & Social Assistance
Auto Repair & Maintenance
Other Services
+ 7 more
All recorded SBA lending activity for First Federal Savings Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Indiana · Manufacturing · Under $150K | 7(a) | 19 | P+2.25% | $99K | Q2 2025 |
| Indiana · Manufacturing · $150K – $350K | 7(a) | 18 | P+2.38% | $255K | Q2 2025 |
| Indiana · Manufacturing · $500K – $1M | 7(a) | 16 | P+2.00% | $765K | Q2 2024 |
| Indiana · Specialty Trade Contractors · Under $150K | 7(a) | 9 | P+2.75% | $76K | Q2 2021 |
| Indiana · Personal Care (Salons, Spas) · Under $150K | 7(a) | 9 | P+2.75% | $44K | Q4 2018 |
| Indiana · Hotels & Accommodation · $1M – $2M | 7(a) | 8 | P+2.75% | $1.4M | Q3 2021 |
| Indiana · Manufacturing · $1M – $2M | 7(a) | 8 | P+2.75% | $1.4M | Q3 2021 |
| Indiana · Manufacturing · $350K – $500K | 7(a) | 8 | P+2.25% | $412K | Q4 2023 |
| Indiana · Restaurants & Food Service · Under $150K | 7(a) | 7 | P+2.00% | $94K | Q2 2022 |
| Indiana · Specialty Trade Contractors · $150K – $350K | 7(a) | 7 | P+1.00% | $249K | Q3 2023 |
| Indiana · Other Health Practitioners · Under $150K | 7(a) | 6 | P+2.00% | $54K | Q1 2020 |
| Indiana · Restaurants & Food Service · $150K – $350K | 7(a) | 5 | P+1.50% | $316K | Q1 2023 |
| Indiana · General Merchandise · $1M – $2M | 7(a) | 5 | P+1.00% | $1.8M | Q3 2021 |
| Indiana · Auto Repair & Maintenance · Under $150K | 7(a) | 5 | P+2.00% | $119K | Q2 2022 |
| Indiana · Wholesale Trade · Under $150K | 7(a) | 5 | P+2.75% | $107K | Q4 2023 |
| Indiana · Administrative & Waste Services · Under $150K | 7(a) | 4 | P+2.00% | $89K | Q2 2023 |
| Indiana · Food & Beverage Stores · Under $150K | 7(a) | 4 | P+2.25% | $57K | Q2 2021 |
| Indiana · Manufacturing · $2M – $5M | 7(a) | 4 | P+1.93% | $3.4M | Q4 2023 |
| Indiana · Wholesale Trade · $150K – $350K | 7(a) | 4 | P+2.50% | $225K | Q4 2021 |
| Indiana · Retail Trade · $350K – $500K | 7(a) | 3 | P+2.00% | $500K | Q3 2020 |
| Indiana · Restaurants & Food Service · $500K – $1M | 504 | 3 | — | $637K | Q4 2021 |
| Indiana · Other Repair & Services · $1M – $2M | 7(a) | 3 | P+0.50% | $1.2M | Q3 2020 |
| Indiana · Food & Beverage Stores · $350K – $500K | 7(a) | 3 | P+2.00% | $402K | Q2 2021 |
| Idaho · Physician & Dental Offices · $500K – $1M | 504 | 3 | — | $727K | Q4 2021 |
| Indiana · Wholesale Trade · $150K – $350K | 504 | 3 | — | $207K | Q3 2017 |
Get a free personalized report comparing this lender against the best matches for your specific situation.
Free. No broker fees. Results in 10-15 minutes.
Real experiences from borrowers who closed SBA loans with First Federal Savings Bank.
No reviews yet. Be the first to review First Federal Savings Bank.