Bank · Frankfort, IN
First Bank Richmond
Made 10 SBA 7(a) change-of-ownership loans totaling $10.5M in FY2024 to FY2026: #240 of 1,054 lenders by loans and #235 by dollars. Lends in 2 states. Part of Richmond Mutual Bcorp Inc.
#240by loans, FY24–26
10loans
$10.5Mapproved
$355Kmedian loan
Volume
By fiscal year
Share of all loans = this lender’s loans as a share of every SBA acquisition loan that year.
| Fiscal year | Loans | Dollars | Median | Share of all loans |
|---|---|---|---|---|
| FY2024 | 6 | $5.3M | $330K | 0.1% |
| FY2025 | 1 | $259K | $259K | 0.0% |
| FY2026 | 3 | $5.0M | $540K | 0.0% |
Loan size
Deal size mix
20% of its loans were $1M or more.
- Under $350K5 loans · 50% · $699K
- $350K to $1M3 loans · 30% · $1.5M
- $1M to $2M0 loans · 0% · $0K
- $2M to $5M2 loans · 20% · $8.3M
Where the money goes
Top industries
| Industry | Loans | Dollars |
|---|---|---|
| Retail Trade | 3 | $675K |
| Administrative & Support, Waste Mgmt | 2 | $4.5M |
| Manufacturing | 1 | $259K |
| Real Estate & Rental & Leasing | 1 | $210K |
| Health Care & Social Assistance | 1 | $4.3M |
| Accommodation & Food Services | 1 | $450K |
| Other Services | 1 | $95K |
Business location
Top states
| Business state | Loans | Dollars |
|---|---|---|
| Indiana | 9 | $6.2M |
| Ohio | 1 | $4.3M |
Keep exploring
Related pages
Top lenders in its top states
Its top industries and deal size
Lenders of similar size
Guides and rankings
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