SHANE PIERSON · SBA DATA
SBA Lenders · First State Bank

SBA Lending by First State Bank

First State Bank is an active SBA 7(a) lender, ranked #220 nationally by all-time volume, with 703 approved 7(a) loans worth $295M on record.

703
7(a) loans made
$295M
Approved dollars
$419,360
Average loan size
#220
Rank, all-time volume
#220
Rank, volume since 2020
0.0%
Share of U.S. 7(a) since 2020
+7%
Annualized vs prior decade
6.0%
Active-loan distress
4%
Made under PLP authority

Between 1991 and mid-2026, First State Bank approved 703 SBA 7(a) loans worth $295M across the country, at an average of $419,360 per loan. That places it #220 among all U.S. SBA 7(a) lenders. About 4% were written under Preferred Lender (PLP) authority, and 6.0% of its book is currently delinquent, past due, or in liquidation.

Where First State Bank lends most

What First State Bank funds most

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7(a) loans only, approved and not cancelled, gross basis. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026. No borrower identity appears here.