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First Heritage Federal Credit Union is a member-owned financial institution based in Corning, NY, serving over 48,000 members across multiple counties. Founded in 1954, it offers comprehensive banking services including savings, checking, loans, and investment products with a commitment to community engagement and member service.
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SBA 7(a) Acquisition Loan Data As Of March 31, 2026
Last 12 Months
Last 3 Years
YoY Growth
low activity
As Of March 31, 2026
Median
$240K
Average
$346K
Sweet Spot
$0-$500K
Industries with highest loan volume
Fitness and Recreational Sports Centers
2
loans
$248K
avg. amount
Fitness and Recreational Sports Centers
2
loans
$248K
avg
Gift, Novelty, and Souvenir Retailers
1
loans
$225K
avg. amount
Gift, Novelty, and Souvenir Retailers
1
loans
$225K
avg
Landscaping Services
1
loans
$405K
avg. amount
Landscaping Services
1
loans
$405K
avg
Nursery, Garden Center, and Farm Supply Retailers
1
loans
$725K
avg. amount
Nursery, Garden Center, and Farm Supply Retailers
1
loans
$725K
avg
Drycleaning and Laundry Services (except Coin-Operated)
1
loans
$157K
avg. amount
Drycleaning and Laundry Services (except Coin-Operated)
1
loans
$157K
avg
Limited-Service Restaurants
1
loans
$150K
avg. amount
Limited-Service Restaurants
1
loans
$150K
avg
All Other Amusement and Recreation Industries
1
loans
$207K
avg. amount
All Other Amusement and Recreation Industries
1
loans
$207K
avg
Sporting Goods Retailers
1
loans
$750K
avg. amount
Sporting Goods Retailers
1
loans
$750K
avg
10-Year Default Rate
0.0%
Percentile Ranking
0th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 0.38% |
| $500K-$1M | Prime + 0.50% |
Spread over Prime at time of loan origination
As Of March 31, 2026 - States by loan volume (darker blue = higher volume)
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