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The First Bank and Trust Company

LEBANON, VA 24266

⭐ SBA Preferred Lender
207
Loans Approved
$142.4M
Total Volume
$688K
Avg Loan Size
7
States Served

States Served

Top Industries Financed

  • All Other Specialty Trade Contractors
  • Full-Service Restaurants
  • Site Preparation Contractors
  • New Single-Family Housing Construction (except Operative Builders)
  • Investment Advice

Quick Summary

The First Bank and Trust Company is an SBA-approved lender headquartered in LEBANON, Virginia. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 207 SBA 7(a) loans totaling $142.4M, with an average loan size of $688K. They serve businesses across 7 states.

About The First Bank and Trust Company

The First Bank and Trust Company is an SBA-approved lender headquartered in LEBANON, Virginia. Since 2020, they have approved 207 SBA 7(a) loans totaling $142.4M, with an average loan size of $688K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 7 states.

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Frequently Asked Questions

Is The First Bank and Trust Company an SBA Preferred Lender?

Yes, The First Bank and Trust Company is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.

How many SBA loans has The First Bank and Trust Company approved?

According to SBA FOIA public records, The First Bank and Trust Company has approved 207 SBA 7(a) loans totaling $142.4M since 2020. Their average loan size is $688K.

What states does The First Bank and Trust Company serve?

The First Bank and Trust Company serves businesses in 7 states: Florida, Georgia, North Carolina, South Carolina, Tennessee, Virginia, West Virginia.

How do I apply for an SBA loan with The First Bank and Trust Company?

To apply for an SBA 7(a) loan with The First Bank and Trust Company, 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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SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days