First Bank

Clewiston, FL7(a) lenderTop sector: All Other Specialty Trade Contractors

Is this my lender?

Loans approved

101

FY1999–FY2025

Dollars approved

$14.4M

$3.6M since FY2021

Average loan

$142K

$210K recently

Charge-off rate

2.6%

by dollars · 5.0% by count

Approvals over time

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What they lend against

All Other Specialty Trade Contractors7 Plumbing, Heating, and Air-Conditioning Contractors4 Other Computer Related Services4 Other Building Equipment Contractors4 Full-Service Restaurants4 Satellite Telecommunications4

Loan count by NAICS industry, whole record. Each row opens that industry’s profile, where this lender is ranked against everyone else writing it.

Where they lend

Florida100 · 99%North Carolina1 · 1%

Share is of this lender’s entire book, so the 2 states shown need not sum to 100%. Together they account for 100% of its lending.

At a glance

Rank by recent volume#1220 of 2321

First approvalFY1999

Latest approvalFY2025

States lent into2

What they charge

Too few recent 7(a) loans to quote a rate, 3 since FY2024. Rates cluster on round numbers, so a median off a handful of loans reads as precise and is not.

Program mix

7(a) · 100% (101)504 · 0% (0)

Split by loan count.

7(a) $14.4M504 $0

Loss rate in context

This lender2.6%

Both programs, all lenders4.6%

Charged-off dollars over dollars approved. By loan count this lender is at 5.0%; the two measures diverge when a book is weighted toward small loans.

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