First Community Bank approved 246 SBA loans worth $92.9M between October 2021 and June 2026, ranking #174 of 2,283 SBA lenders nationally by loan count. Its median loan was $178,650, and 46% went to startups or businesses under two years old. It lent in 4 states, most often in North Carolina, and its most financed industry was transportation and warehousing.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| North Carolina | 118 | $53.6M | $246,700 | #19 |
| Virginia | 81 | $29.1M | $175,000 | #18 |
| West Virginia | 42 | $6.0M | $120,400 | #2 |
| Tennessee | 5 | $4.1M | $264,600 | #85 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Transportation and warehousing | 44 | $153,400 | |
| Retail | 35 | $220,000 | |
| Construction | 29 | $250,000 | |
| Manufacturing | 27 | $207,000 | |
| Restaurants and hotels | 27 | $148,500 | |
| Other services (repair, personal care) | 22 | $217,500 | |
| Health care and social assistance | 16 | $188,000 | |
| Professional and technical services | 9 | $200,000 | |
| Agriculture, forestry and fishing | 8 | $47,550 | |
| Arts, entertainment and recreation | 7 | $138,000 |