Bank First, N.A.: SBA Lending Record

Bank First in SBA data

432 loans for FY2017 to FY2026 sit under Bank First, N.A. At Bank First, they add up to $215.0 million in gross dollars approved. All 432 are SBA 7(a) loans, and Bank First has 0 SBA 504 loans. Bank First is recorded in Wisconsin. The 432 figures are SBA's records of Bank First holdings. Nothing in them shows what Bank First requires. SBA, not Bank First, guarantees them. Each of the 432 sits under its latest holder.

Bank First: asset classes

Bank First has 341 loans in no named class, so Bank First class views cover part of 432. Bank First: limited-service restaurant leads, at 20, next full-service restaurant at 19; automotive mechanical repair at 16. The 341 unplaced loans are the largest block at Bank First. Its class comparison of 432 rests on a minority.

Bank First: geography

Bank First lists no states, so 432 loans show no geography. At Bank First, the local case rests on the study.

Bank First: loan outcomes

Cancellation floor for Bank First over FY2017 to FY2024 approvals: 8.2%, among 432. Our own rule withholds the Bank First ceiling. The Bank First charge-off rate is withheld too. Bank First's cohorts are too small.

Bank First: using the figures

Bank First figures form a map of holdings. 432 loans show where Bank First stands as holder. The 8.2% cancellation floor shows how Bank First approvals fared. It forecasts no Bank First request. A Bank First project has demand and cost. A Bank First borrower should name which of the 432 loans look like it. Differences matter to Bank First as much as likenesses. 432 loans, plainly told, let Bank First judge the study. A floor of 8.2% at Bank First describes the past, not the future.

Bank First: study tests

Preparing a request to Bank First? Read 432 loans as background for Bank First. Limited-service restaurant borrowers at Bank First meet 20 loans, the closest comparison. Bank First: the study tests ticket counts. Bank First needs build-out cost tested too. Show Bank First coverage in a slow year too. Bank First needs an appraisal that supports it. Bank First offers just 341 unplaced loans for an unnamed type. Bank First's study makes the case. At Bank First, a cancellation floor of 8.2% means approval is not funding. The Bank First study should allow for delay.