States Served
Top Industries Financed
- Limited-Service Restaurants
- Snack and Nonalcoholic Beverage Bars
- Hobby, Toy, and Game Stores
- General Freight Trucking, Long Distance, Truckload
Quick Summary
First Bank is an SBA-approved lender headquartered in STRASBURG, Virginia. Since 2020, they have approved 5 SBA 7(a) loans totaling $1.2M, with an average loan size of $240K. They primarily serve Virginia businesses.
About First Bank
First Bank is an SBA-approved lender headquartered in STRASBURG, Virginia. Since 2020, they have approved 5 SBA 7(a) loans totaling $1.2M, with an average loan size of $240K. They primarily serve businesses in Virginia.
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Frequently Asked Questions
Is First Bank an SBA Preferred Lender?
First Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.
How many SBA loans has First Bank approved?
According to SBA FOIA public records, First Bank has approved 5 SBA 7(a) loans totaling $1.2M since 2020. Their average loan size is $240K.
What states does First Bank serve?
First Bank primarily serves businesses in Virginia.
How do I apply for an SBA loan with First Bank?
To apply for an SBA 7(a) loan with First Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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