SBA Lending

First Bank is a participant in the Small Business Administration (SBA) Preferred Lender Program.

Small Business Administration (SBA) loans, backed by government-sponsored loan guarantees, are available in a variety of term loan and line of credit options. Any small business owner can apply for an SBA loan, whether you have excellent credit or may not qualify for a traditional commercial loan.

Borrowers may use SBA 7(a) loan proceeds for almost any legal business purpose. The loan can be used to purchase and/or improve owner-occupied real estate, equipment and inventory, or provide working capital. Proceeds may also be used to refinance business debt, purchase an existing small business or franchise, and finance partner buyouts.

To qualify, your business must: 

  1. Operate for profit within the United States
  2. Meet SBA’s small business size standards –
  3. Demonstrate that it can repay the loan


SBA 7(a) Loan Overview
Maximum Loan Amount $5 Million
Interest Rate Rates are variable and capped at Prime +2.75%
Terms Loan terms vary according to the purpose of the loan, generally up to 25 years for the real estate or 10 years for other fixed assets and working capital.
Personal Guaranty Required
SBA Guaranty 50% to 90% of the loan amount. 

More Information on SBA Loans

Please contact a First Bank SBA specialist to answer your questions and guide you through the loan application process. For more detailed information regarding the programs, please visit

Contact our SBA Specialists!

SVP/Director of SBA Lending
(609) 528-4269
VP/ SBA Portfolio Manager & Senior Underwriter
(609) 528-7810