First Resource Bank
24 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.
- Acquisitions financed
- 24
- Total approved
- $28.2M
- Median loan
- $910K
- Middle half of loans
- $442K to $1.4M
- Median starting rate
- 8.88%
- Median term
- 10 yrs
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Where the approvals cluster
The SBA file shows approvals across 20 industries and 5 states and territories. The largest industry by count was Residential Remodelers (2 of 24 approvals). Minnesota had the highest count among recorded project locations (19).
The median approved loan was $910K 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.
Read the five-lender comparison ↗Industries by approval count
| # | Industry | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Residential Remodelers | 2 | 8% | $1.4M | $2.7M |
| 2 | Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers | 2 | 8% | $811K | $1.6M |
| 3 | Offices of Certified Public Accountants | 2 | 8% | $535K | $1.1M |
| 4 | Other Commercial and Industrial Machinery and Equipment Rental and Leasing | 2 | 8% | $250K | $500K |
| 5 | Full-Service Restaurants | 1 | 4% | $5.0M | $5.0M |
| 6 | All Other Miscellaneous Schools and Instruction | 1 | 4% | $3.0M | $3.0M |
| 7 | Window Treatment Retailers | 1 | 4% | $2.9M | $2.9M |
| 8 | Breweries | 1 | 4% | $1.5M | $1.5M |
| 9 | Cut Stone and Stone Product Manufacturing | 1 | 4% | $1.4M | $1.4M |
| 10 | Other Computer Related Services | 1 | 4% | $1.4M | $1.4M |
| 11 | Locksmiths | 1 | 4% | $1.3M | $1.3M |
| 12 | Other Commercial Equipment Merchant Wholesalers | 1 | 4% | $1.1M | $1.1M |
| 13 | Offices of Physical, Occupational and Speech Therapists, and Audiologists | 1 | 4% | $965K | $965K |
| 14 | All Other Specialty Trade Contractors | 1 | 4% | $855K | $855K |
| 15 | Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers | 1 | 4% | $830K | $830K |
Project locations
| # | State | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Minnesota | 19 | 79% | $830K | $16.8M |
| 2 | Pennsylvania | 2 | 8% | $3.3M | $6.5M |
| 3 | California | 1 | 4% | $3.0M | $3.0M |
| 4 | New Jersey | 1 | 4% | $1.4M | $1.4M |
| 5 | Wisconsin | 1 | 4% | $494K | $494K |