Climate First Bank: loans and programs

$356.8 million gross sits in 302 approved loans tied to Climate First Bank, FY2017 to FY2026. Program split at Climate First Bank: 302 for 7(a), 0 for 504. SBA lists Climate First Bank with the lender state FL. Climate First Bank does not guarantee these 302 loans; SBA does. The figures for Climate First Bank are loan records only. SBA records Climate First Bank as holding, or having held, these 302 loans.

Classes and places for Climate First Bank

The followed classes leave 199 of Climate First Bank's 302 loans out of view. Of the classes followed, Climate First Bank runs: Fitness center (25), Limited-service restaurant (20), Coffee shop and snack bar (14), Full-service restaurant (8), Hotel and motel (7), Child care center (6). A buyer planning Fitness center can look at 25 loans on the record of Climate First Bank. Limited-service restaurant follows with 20 loans at Climate First Bank. Coffee shop and snack bar comes third at Climate First Bank, with 14 loans. Texas follows with 36 loans in the Climate First Bank record. Loans of Climate First Bank by state begin with Florida (100), Texas (36), California (18), North Carolina (13), Georgia (12), New Jersey (8), Pennsylvania (8), Washington (8), Alabama (7), Arizona (7), Colorado (7), Michigan (7). The state list closes with Utah, 5 loans. Lender state in the file: FL, and the largest state by loans is Florida.

Climate First Bank: cancellations and losses

For Climate First Bank approvals from FY2017 to FY2024 no cancellation rate is printed because the cohort holds fewer than 30 loans. That is not zero, and no number replaces it. These are minimum rates for Climate First Bank, so later losses within the cohort would raise it. Climate First Bank has 302 loans in the file, but its FY2017 to FY2021 charge-off cohort is under 30, so Loan Analytics withholds the floor; that is not zero.

What a study should test with Climate First Bank

A study for Fitness center taken to Climate First Bank must test demand first. Then, a study of Limited-service restaurant tests cost, with 20 such loans on Climate First Bank's record. Debt service coverage follows, and $356.8 million across 302 loans at Climate First Bank never settles it for a borrower. A formal appraisal closes the study, and 14 Coffee shop and snack bar loans at Climate First Bank are no stand-in. A project in Florida can compare with 100 loans in the Climate First Bank record, and one in Texas, 36. Climate First Bank alone decides what it requires. Nothing implies approval, and Climate First Bank sets its own terms.

SBA loans held by Climate First Bank

SBA guarantees these loans; the lender does not. The lender's name and every figure come from the U.S. Small Business Administration's public 7(a) and 504 FOIA file (data.sba.gov).

7(a) lender is the bank or lender the loan is currently assigned to (or last held it), as SBA records it; 504 lender is the Certified Development Company (CDC). 504 third-party (first-lien) lenders are free text with no identifier and are not credited.

Loans approved, FY2017 to FY2026	302
Gross dollars approved	$356.8 million
SBA 7(a) loans	302
SBA 504 loans	0

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	not reported: fewer than 30 loans in the cohort
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	not reported: fewer than 30 loans in the cohort

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

Loans by asset class

Asset class	Loans
Not in any of the 39 asset classes	199
Fitness center	25
Limited-service restaurant	20
Coffee shop and snack bar	14
Full-service restaurant	8
Hotel and motel	7
Child care center	6

Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

Loans by project state

State or area	Loans
Florida	100
Texas	36
California	18
North Carolina	13
Georgia	12
New Jersey	8
Pennsylvania	8
Washington	8
Alabama	7
Arizona	7
Colorado	7
Michigan	7
South Carolina	7
New York	6
Ohio	6
Iowa	5
Utah	5

States with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; Loan Analytics lender cell LP-fdic-59257.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project anywhere in the United States, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan, by Climate First Bank or any other lender. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

Climate First Bank: SBA Lending Record