First Bank and Trust approved 113 SBA loans worth $50.8M between October 2021 and June 2026, ranking #323 of 2,283 SBA lenders nationally by loan count. Its median loan was $225,000, and 35% went to startups or businesses under two years old. It lent in 5 states, most often in Virginia, and its most financed industry was construction.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Virginia | 76 | $28.3M | $237,500 | #19 |
| Tennessee | 19 | $3.4M | $150,000 | #33 |
| North Carolina | 11 | $16.3M | $1,500,000 | #72 |
| West Virginia | 6 | $2.3M | $323,500 | #22 |
| South Carolina | 1 | $559K | $559,300 | #153 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Construction | 22 | $150,000 | |
| Professional and technical services | 11 | $100,000 | |
| Retail | 11 | $150,000 | |
| Manufacturing | 10 | $275,000 | |
| Agriculture, forestry and fishing | 9 | $1,800,000 | |
| Restaurants and hotels | 9 | $250,000 | |
| Finance and insurance | 8 | $312,500 | |
| Health care and social assistance | 6 | $89,900 | |
| Arts, entertainment and recreation | 6 | $380,000 | |
| Other services (repair, personal care) | 6 | $133,500 |