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First National Bank and Trust Co is an Iron Mountain-based community bank serving Upper Michigan with locations in Iron Mountain, Menominee, Marquette, Iron River, and Kingsford. The bank provides comprehensive banking and trust services to individuals and businesses.
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7(a) Acquisition Loan Data As Of March 31, 2026
Last 12 Months
Last 3 Years
YoY Growth
Data not available
As Of March 31, 2026
Median
$250K
Average
$718K
Sweet Spot
$0-$500K
Industries with highest loan volume
Full-Service Restaurants
2
loans
$249K
avg. amount
Full-Service Restaurants
2
loans
$249K
avg
Frozen Specialty Food Manufacturing
1
loans
$498K
avg. amount
Frozen Specialty Food Manufacturing
1
loans
$498K
avg
Sporting and Recreational Goods and Supplies Merchant Wholesalers
1
loans
$2.5M
avg. amount
Sporting and Recreational Goods and Supplies Merchant Wholesalers
1
loans
$2.5M
avg
Other Support Activities for Water Transportation
1
loans
$124K
avg. amount
Other Support Activities for Water Transportation
1
loans
$124K
avg
10-Year
7.7%
Percentile Ranking
97th
97th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 1.13% |
over at time of loan origination
As Of March 31, 2026 - States by loan volume (darker blue = higher volume)
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