First Bank Richmond approved 14 SBA loans worth $17.4M between October 2021 and June 2026, ranking #1045 of 2,283 SBA lenders nationally by loan count. Its median loan was $760,500, and 7% went to startups or businesses under two years old. It lent in 4 states, most often in Indiana, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Indiana | 10 | $8.2M | $614,700 | #72 |
| Ohio | 2 | $4.5M | $2,233,500 | #179 |
| Idaho | 1 | $3.8M | $3,750,000 | #98 |
| Arkansas | 1 | $950K | $950,000 | #112 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 5 | $756,000 | |
| Manufacturing | 3 | $1,649,600 | |
| Health care and social assistance | 2 | $2,325,000 | |
| Education | 1 | $2,400,000 | |
| Construction | 1 | $250,000 | |
| Other services (repair, personal care) | 1 | $95,000 | |
| Retail | 1 | $117,000 |