Bank · Southern Pines, NC
First Bank (Southern Pines, NC)
Made 64 SBA 7(a) change-of-ownership loans totaling $81.0M in FY2024 to FY2026: #57 of 1,054 lenders by loans and #54 by dollars. Lends in 12 states. Part of First Bcorp.
#57by loans, FY24–26
64loans
$81.0Mapproved
$901Kmedian 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 | 37 | $49.7M | $974K | 0.7% |
| FY2025 | 21 | $25.4M | $766K | 0.3% |
| FY2026 | 6 | $5.9M | $848K | 0.1% |
Loan size
Deal size mix
42% of its loans were $1M or more.
- Under $350K8 loans · 12% · $1.8M
- $350K to $1M29 loans · 45% · $19.6M
- $1M to $2M16 loans · 25% · $22.7M
- $2M to $5M11 loans · 17% · $36.9M
Where the money goes
Top industries
| Industry | Loans | Dollars |
|---|---|---|
| Construction | 14 | $10.7M |
| Retail Trade | 14 | $21.9M |
| Manufacturing | 7 | $14.7M |
| Administrative & Support, Waste Mgmt | 6 | $4.2M |
| Accommodation & Food Services | 5 | $8.9M |
| Other Services | 4 | $3.1M |
| Transportation & Warehousing | 4 | $5.7M |
| Wholesale Trade | 3 | $5.1M |
Business location
Top states
| Business state | Loans | Dollars |
|---|---|---|
| North Carolina | 32 | $37.2M |
| California | 8 | $14.4M |
| South Carolina | 7 | $11.5M |
| Georgia | 5 | $4.4M |
| Arizona | 3 | $3.4M |
| Colorado | 2 | $2.0M |
| Florida | 2 | $1.5M |
| Iowa | 1 | $2.0M |
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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