First Bank (NC): SBA Lending Record

$1.25 billion in gross dollars and 1,286 approved loans make up the First Bank (NC) entry for FY2017 to FY2026. The $1.25 billion for First Bank (NC) counts approved dollars, not balances. 1,286 loans sit under SBA 7(a), every First Bank (NC) loan here. First Bank (NC) reads 0 under SBA 504. 1,286 loans are records SBA keeps on First Bank (NC). SBA, not First Bank (NC), carries each guarantee. Each of the 1,286 loans is assigned to First Bank (NC) now, or last held by it. First Bank (NC) reflects only SBA 7(a) rules. Here, First Bank (NC) means the holder SBA names. First Bank (NC)'s 1,286 loans span FY2017 to FY2026 approvals.

First Bank (NC): classes and geography

For First Bank (NC), these classes lead: full-service restaurant, 97 loans; limited-service restaurant, 65 loans; fitness center, 41 loans. Another 832 loans credited to First Bank (NC) fall outside all of those classes. First Bank (NC)'s 1,286 loans: a slice sits in named classes. First Bank (NC) holds 97 in full-service restaurant. First Bank (NC) loans lead, by state, in North Carolina, 289 loans; California, 253 loans; Florida, 73 loans. First Bank (NC)'s sample for North Carolina sites is 289 loans. First Bank (NC)'s counts are a map only.

First Bank (NC): cancellations and charge-offs

11.5% of First Bank (NC) approvals, FY2017 to FY2024, were cancelled. For First Bank (NC), 11.5% is a floor. First Bank (NC)'s floor stops at FY2024 approvals. For First Bank (NC), 11.5% is the ceiling. The First Bank (NC) ceiling counts undisbursed loans as cancelled. First Bank (NC): rates match, so the floor stands. First Bank (NC): the cohort runs FY2017 to FY2021. First Bank (NC)'s cohort holds 837 disbursed loans. 6.6% of First Bank (NC) loans are charged off to date. For First Bank (NC), 6.6% is a floor. First Bank (NC): the two rates cover different loans. First Bank (NC): 4.1% charged off within 5 years.

First Bank (NC): testing a project

First Bank (NC) holds 1,286 recorded loans, $1.25 billion in all. At First Bank (NC), demand comes first: who pays? For First Bank (NC), cost is second; 1,286 loans do not replace a quote. For First Bank (NC), third is debt service coverage. First Bank (NC): 6.6% and 11.5% are floors. At First Bank (NC), the appraisal comes last: 1,286 loans cannot set your value. First Bank (NC)'s record cannot settle cost. Here First Bank (NC) is a holder, not a verdict. First Bank (NC)'s 1,286 loans state nothing about its requirements. Ask First Bank (NC) directly. Test first, then compare with First Bank (NC)'s 1,286 loans. Ask First Bank (NC) what a complete study contains.