First Mid Bank & Trust, National Association
10 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.
- Acquisitions financed
- 10
- Total approved
- $6.5M
- Median loan
- $356K
- Middle half of loans
- $270K to $368K
- Median starting rate
- 8.62%
- Median term
- 10 yrs
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Where the approvals cluster
The SBA file shows approvals across 9 industries and 3 states and territories. The largest industry by count was Automotive Body, Paint, and Interior Repair and Maintenance (2 of 10 approvals). Illinois had the highest count among recorded project locations (7).
The median approved loan was $356K 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 | Automotive Body, Paint, and Interior Repair and Maintenance | 2 | 20% | $180K | $360K |
| 2 | Child Care Services | 1 | 10% | $3.7M | $3.7M |
| 3 | Other Building Finishing Contractors | 1 | 10% | $500K | $500K |
| 4 | Limited-Service Restaurants | 1 | 10% | $370K | $370K |
| 5 | Full-Service Restaurants | 1 | 10% | $360K | $360K |
| 6 | All Other Professional, Scientific, and Technical Services | 1 | 10% | $360K | $360K |
| 7 | General Rental Centers | 1 | 10% | $352K | $352K |
| 8 | All Other Automotive Repair and Maintenance | 1 | 10% | $300K | $300K |
| 9 | Offices of Certified Public Accountants | 1 | 10% | $202K | $202K |
Project locations
| # | State | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Illinois | 7 | 70% | $352K | $2.1M |
| 2 | Iowa | 2 | 20% | $335K | $670K |
| 3 | Texas | 1 | 10% | $3.7M | $3.7M |