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
412
2010–2026
Total Volume
$277M
Gross loan amounts
States Active
11
With recorded loans
Programs
7(a) & 504
412 total segments
The First Bank and Trust Company has a strong focus on existing businesses, with 65% of their deals serving this purpose. This is beneficial for borrowers looking to expand or refinance an established business.
With an average 7(a) spread of P+1.62%, The First Bank and Trust Company offers competitive pricing compared to the national median of P+2.75%. This could lead to significant savings on interest costs over the life of the loan.
The lender's growth trend shows a decline of 25% year-over-year in deal volume, which may indicate a tightening of lending criteria. Borrowers should be prepared for a potentially more challenging approval process.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 46 504 loans, which use fixed SBA debenture rates.
States where The First Bank and Trust Company has recorded SBA lending activity.
+ 6 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Restaurants & Food Service
Accommodation & Food Services
Specialty Trade Contractors
Construction
Agriculture & Forestry
Agriculture & Forestry
Wholesale Trade
Wholesale Trade
Administrative & Waste Services
Administrative & Waste Services
Retail Trade
Retail Trade
Finance & Insurance
Finance & Insurance
+ 7 more
All recorded SBA lending activity for The First Bank and Trust Company, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Virginia · Restaurants & Food Service · Under $150K | 7(a) | 18 | P+2.00% | $88K | Q1 2025 |
| Tennessee · Specialty Trade Contractors · Under $150K | 7(a) | 11 | P+2.00% | $95K | Q2 2023 |
| Virginia · Agriculture & Forestry · $2M – $5M | 7(a) | 10 | P+0.75% | $4.7M | Q2 2023 |
| Virginia · Administrative & Waste Services · Under $150K | 7(a) | 8 | P+1.50% | $110K | Q1 2022 |
| Virginia · Real Estate · Under $150K | 7(a) | 8 | P+1.07% | $76K | Q2 2019 |
| Virginia · Manufacturing · $150K – $350K | 7(a) | 8 | P+1.00% | $256K | Q1 2023 |
| Virginia · Finance & Insurance · $150K – $350K | 7(a) | 7 | P+2.00% | $279K | Q3 2022 |
| Virginia · Specialty Trade Contractors · $150K – $350K | 7(a) | 7 | P+1.25% | $276K | Q2 2023 |
| Virginia · Specialty Trade Contractors · Under $150K | 7(a) | 6 | P+1.00% | $92K | Q3 2023 |
| Virginia · Retail Trade · Under $150K | 7(a) | 6 | P+1.44% | $79K | Q3 2023 |
| Virginia · Manufacturing · Under $150K | 7(a) | 6 | P+1.88% | $53K | Q1 2023 |
| North Carolina · Agriculture & Forestry · $2M – $5M | 7(a) | 6 | P+1.25% | $3.4M | Q2 2022 |
| Virginia · Wholesale Trade · $2M – $5M | 7(a) | 5 | P+1.50% | $5.0M | Q3 2021 |
| Virginia · Manufacturing · $350K – $500K | 7(a) | 5 | P+1.50% | $439K | Q3 2021 |
| Virginia · Other Health Practitioners · Under $150K | 7(a) | 5 | P+2.00% | $53K | Q2 2023 |
| Oklahoma · Restaurants & Food Service · Under $150K | 7(a) | 5 | P+2.25% | $61K | Q4 2018 |
| Virginia · Restaurants & Food Service · $150K – $350K | 7(a) | 5 | P+1.75% | $245K | Q2 2023 |
| Virginia · Other Professional Services · Under $150K | 7(a) | 4 | P+1.00% | $75K | Q2 2022 |
| Tennessee · Management & IT Consulting · Under $150K | 7(a) | 4 | P+1.00% | $101K | Q3 2022 |
| Virginia · General Merchandise · Under $150K | 7(a) | 4 | P+2.63% | $32K | Q2 2020 |
| Oklahoma · Wholesale Trade · Under $150K | 7(a) | 4 | P+2.83% | $91K | Q4 2012 |
| North Carolina · Real Estate · $2M – $5M | 7(a) | 3 | P+1.50% | $2.2M | Q2 2023 |
| Tennessee · Arts, Entertainment & Recreation · Under $150K | 7(a) | 3 | P+1.75% | $73K | Q2 2023 |
| Virginia · Miscellaneous Retail · Under $150K | 7(a) | 3 | P+1.50% | $88K | Q1 2023 |
| Virginia · Wholesale Trade · $150K – $350K | 7(a) | 3 | P+1.00% | $231K | Q4 2022 |
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