First Bank Richmond
10 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.
- Acquisitions financed
- 10
- Total approved
- $10.5M
- Median loan
- $355K
- Middle half of loans
- $131K to $530K
- Median starting rate
- 8.50%
- Median term
- 10 yrs
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Where the approvals cluster
The SBA file shows approvals across 8 industries and 2 states and territories. The largest industry by count was Landscaping Services (2 of 10 approvals). Indiana had the highest count among recorded project locations (9).
The median approved loan was $355K versus $707K across the index for FY2024–FY2026. This profile is based on a small sample. Differences can reflect which industries, markets and deal sizes the lender serves.
Industries by approval count
| # | Industry | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Landscaping Services | 2 | 20% | $2.2M | $4.5M |
| 2 | Florists | 2 | 20% | $68K | $135K |
| 3 | Vocational Rehabilitation Services | 1 | 10% | $4.3M | $4.3M |
| 4 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 1 | 10% | $540K | $540K |
| 5 | Limited-Service Restaurants | 1 | 10% | $450K | $450K |
| 6 | Cookie and Cracker Manufacturing | 1 | 10% | $259K | $259K |
| 7 | Residential Property Managers | 1 | 10% | $210K | $210K |
| 8 | Coin-Operated Laundries and Drycleaners | 1 | 10% | $95K | $95K |