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Bank · Shallowater, TX

First State Bank: SBA lending profile

SBA 7(a) loans, October 2021 to June 30, 2026 · Updated October 15, 2026 · Lender website
22
SBA loans approved
$39.7M
Total approved
$755,000
Median loan
3
States lent in
68%
To startups
#860
National rank by loans

First State Bank approved 22 SBA loans worth $39.7M between October 2021 and June 2026, ranking #860 of 2,283 SBA lenders nationally by loan count. Its median loan was $755,000, and 68% went to startups or businesses under two years old. It lent in 3 states, most often in Texas, and its most financed industry was restaurants and hotels.

SBA loans per fiscal year

0358FY14FY15FY16FY17FY18FY19FY20FY21FY22: 4 loansFY22FY23: 6 loansFY23FY24: 4 loansFY24FY25: 7 loansFY257FY26 (Oct to Jun): 1 loansFY261
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

Where First State Bank lends

StateLoansApprovedMedian loanRank in state
Texas20$30.3M$650,000#149
Kansas1$4.9M$4,945,000#143
Oklahoma1$4.4M$4,400,000#156

Industries First State Bank finances

IndustryLoansShareMedian loan
Restaurants and hotels8
36%
$1,102,000
Retail8
36%
$3,216,000
Wholesale trade4
18%
$250,000
Health care and social assistance2
9%
$470,000
Loan size mix
  • Under $150,0000%
  • $150,000 to $500,00036%
  • $500,000 to $2 million27%
  • $2 million and up36%
Loan programs used
  • Standard 7(a)68%
  • Preferred Lender (PLP)32%
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.