First General Bank: SBA Lending Activity & Industry Focus

Top lender in CaliforniaLarge loans (median $1,414,800)Active lender

Based on historical SBA 7(a) lending data.

Total Approvals

17

by First General Bank

Total Volume

$35,850,800

approved amount

Median Loan Size

$1,414,800

per approval

Recent Activity

1

last 90 days through Jan 2025

First General Bank is a lender serving California and Nevada. With 17 SBA 7(a) approvals and a typical loan size of $1,414,800, their lending data provides a detailed picture of where and how they deploy SBA capital.

What you should know

Key insights derived from First General Bank's SBA 7(a) lending history

Industry specialist: Hotels (except Casino Hotels) and Motels

65% of First General Bank's SBA loans go to just 3 industries: Hotels (except Casino Hotels) and Motels (29%), Fish and Seafood Merchant Wholesalers (24%), Electrical Contractors (12%). If your business is in one of these sectors, First General Bank likely understands your industry's economics well — a major advantage during underwriting.

Sweet spot: $1M–$5M loans

45% of First General Bank's SBA loans fall in the $1M–$5M range. Their typical loan (median) is $1,440,000, with the middle 50% of loans between $829,000 and $3,800,000. If your loan request is in this range, you may see a faster, smoother process.

Local lender: primarily California

First General Bank focuses their SBA lending in 2 states, with 94% in California. Local lenders often prioritize community relationships and may be easier to work with if you're in their market.

Larger-than-average loan sizes

First General Bank's median loan of $1,414,800 is significantly above the SBA 7(a) average. This suggests they're comfortable with larger deals — good news if you need substantial financing, but they may have higher minimum loan amounts.

Smaller SBA program

First General Bank has 17 SBA 7(a) approvals. Their smaller volume may mean longer processing times, but could also mean more personalized attention for borrowers.

Steady lending pace

First General Bank's SBA activity has been relatively stable, with 6 approvals in the last 6 months. Consistent volume suggests a reliable, ongoing SBA program without major disruptions.

Lending trends for First General Bank

50%loan volume YoY
10%dollar volume YoY
Total loaned ($)
Median loan size
Dec '19May '20Mar '21Aug '21Jun '22Feb '23

Loan size distribution

Based on 20 SBA 7(a) approvals

Under $50K0 (0%)
$50K–$150K1 (5%)
$150K–$350K2 (10%)
$350K–$1M5 (25%)
$1M–$5M9 (45%)
Over $5M3 (15%)

Summary

Median (50th percentile)

$1,440,000

25th percentile

$829,000

75th percentile

$3,800,000

Average

$2,102,890

Typical range

$829,000
$3,800,000

States served

Less active
More active

State-by-state lending activity

#StateApprovals
1California16
2Nevada1

First General Bank by industry

Industry focus

Recent SBA 7(a) approvals by First General Bank

MonthBorrowerAmount
2025-01FU'*****IES$990,000
2023-10ARO*****HTS$50,000
2023-0288Q*****BBQ$500,000
2022-11CHA*****ORY$200,000
2022-08A-Z*****ion$1,600,000
2022-06JAQ*****LLC$2,572,000
2022-03Chi*****ang$1,170,000
2022-02PAC*****LLC$4,000,000
2021-08VAG*****INC$1,414,800
2021-07LEN*****LLC$3,710,000
2021-05ACE*****ANY$829,000
2021-03BES*****TES$5,000,000
2020-12BEL*****ION$2,900,000
2020-08QUA*****AKS$3,800,000
2020-08Wor*****Inc$865,000
2020-05Mar*****Law$250,000
2020-02SB *****LLC$5,000,000
2020-02SB *****LLC$5,000,000
2020-01Sou*****nc.$767,000
2019-12AVK*****LLC$1,440,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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