First Federal Bank approved 87 SBA loans worth $52.0M between October 2021 and June 2026, ranking #397 of 2,283 SBA lenders nationally by loan count. Its median loan was $541,200, and 77% went to startups or businesses under two years old. It lent in 4 states, most often in Florida, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Florida | 69 | $43.3M | $593,100 | #54 |
| South Carolina | 10 | $3.8M | $335,300 | #52 |
| Georgia | 5 | $3.2M | $725,000 | #155 |
| North Carolina | 3 | $1.6M | $680,000 | #146 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 31 | $792,000 | |
| Other services (repair, personal care) | 10 | $385,800 | |
| Health care and social assistance | 10 | $214,000 | |
| Retail | 9 | $840,500 | |
| Construction | 5 | $207,000 | |
| Manufacturing | 4 | $267,300 | |
| Arts, entertainment and recreation | 4 | $342,900 | |
| Professional and technical services | 3 | $195,100 | |
| Education | 3 | $135,000 | |
| Administrative and support services | 3 | $377,100 |