First State Bank approved 12 SBA loans worth $4.8M between October 2021 and June 2026, ranking #1089 of 2,283 SBA lenders nationally by loan count. Its median loan was $287,900, and 75% went to startups or businesses under two years old. It lent in 4 states, most often in Oklahoma, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Oklahoma | 7 | $3.1M | $467,000 | #57 |
| Texas | 3 | $548K | $252,800 | #296 |
| Missouri | 1 | $230K | $230,300 | #217 |
| Arkansas | 1 | $888K | $887,800 | #119 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 8 | $261,150 | |
| Construction | 1 | $887,800 | |
| Finance and insurance | 1 | $306,300 | |
| Retail | 1 | $638,000 | |
| Wholesale trade | 1 | $25,000 |