SHANE PIERSON · SBA DATA
SBA Lenders · First Bank of the Lake

SBA Lending by First Bank of the Lake

First Bank of the Lake is an active SBA 7(a) lender, ranked #102 nationally by all-time volume, with 1,965 approved 7(a) loans worth $1.7B on record.

1,965
7(a) loans made
$1.7B
Approved dollars
$856,981
Average loan size
#102
Rank, all-time volume
#25
Rank, volume since 2020
0.6%
Share of U.S. 7(a) since 2020
+4543%
Annualized vs prior decade
10.0%
Active-loan distress
88%
Made under PLP authority

Between 1991 and mid-2026, First Bank of the Lake approved 1,965 SBA 7(a) loans worth $1.7B across the country, at an average of $856,981 per loan. That places it #102 among all U.S. SBA 7(a) lenders. About 88% were written under Preferred Lender (PLP) authority, and 10.0% of its book is currently delinquent, past due, or in liquidation.

Where First Bank of the Lake lends most

What First Bank of the Lake funds most

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7(a) loans only, approved and not cancelled, gross basis. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026. No borrower identity appears here.