First Commonwealth Bank: SBA Lending Record

What SBA's file shows for First Commonwealth Bank

Under First Commonwealth Bank as holder, SBA lists 1,513 loans from FY2017 to FY2026. First Commonwealth Bank loans reach $1.03 billion in gross approved dollars. Each First Commonwealth Bank figure covers loans held, 1,513, now or earlier. SBA guarantees them; First Commonwealth Bank does not. SBA tags 1,513 as 7(a), none 504, under First Commonwealth Bank. First Commonwealth Bank holder status: assigned now or last.

1,052 of 1,513 loans, held by First Commonwealth Bank, sit in no listed asset class. At First Commonwealth Bank, rows by class cover the remainder. For First Commonwealth Bank, limited-service restaurant leads the class rows, 76 loans. Then full-service restaurant with 66 loans, fitness center at 48 and automotive mechanical repair (41). Lower First Commonwealth Bank rows: 39 loans in coffee shop and snack bar, 30 in beverage manufacturing and beauty salon with 24 loans. First Commonwealth Bank table: classes beyond these appear there.

First Commonwealth Bank state rows begin with 665 in Pennsylvania, Ohio (453), 134 in Texas, Florida (69), 35 in New Jersey, Kentucky (34), 12 in Virginia, North Carolina (11) and 9 in Georgia. Pennsylvania heads the First Commonwealth Bank state list. Far down the list, First Commonwealth Bank gives a project little local depth.

At First Commonwealth Bank: cancellations and charge-offs

12.1%: the floor on cancellations, among First Commonwealth Bank approvals from FY2017 to FY2024. If First Commonwealth Bank loans still undisbursed count as cancelled, 12.7% follows as a ceiling. Between 12.1% and 12.7% lie First Commonwealth Bank approvals SBA still shows undisbursed. Among 564 loans disbursed FY2017 to FY2021, First Commonwealth Bank has 4.4% charged off, a floor. For First Commonwealth Bank, the five-year charge-off figure is 1.8%. First Commonwealth Bank outcomes show; reasons do not. First Commonwealth Bank cohort rates cover FY2017 to FY2021 disbursements. First Commonwealth Bank: 12.1% is a floor, 1,513 loans notwithstanding, not a forecast. First Commonwealth Bank loans keep seasoning, 1,513 of them; 12.1%, a floor, may climb.

First Commonwealth Bank: a borrower's view

For First Commonwealth Bank, a bank or lender, 1,513 loans sit in SBA records. Nothing in First Commonwealth Bank rows states what First Commonwealth Bank asks of an applicant. For First Commonwealth Bank, weigh full-service restaurant, 1,513 loans deep, and the project against Ohio. First Commonwealth Bank: other sources go in the study.

1,513 loans at First Commonwealth Bank are context only. For the project, Pennsylvania or elsewhere, First Commonwealth Bank proves nothing. Limited-service restaurant demand: 1,513 loans at First Commonwealth Bank set none; Pennsylvania conditions decide, not First Commonwealth Bank. Each budget line, 1,513 loans aside, meets raised funds. 1,513 loans give First Commonwealth Bank breadth, not depth. 1,513 loans or one, a margin must absorb 12.1% at least, First Commonwealth Bank aside. First Commonwealth Bank: on stabilized income, debt service coverage keeps 12.1% in view. Collateral for First Commonwealth Bank rests on the appraisal. First Commonwealth Bank: no study promises approval; 1,513 loans or none, it prepares the file.