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First Resource Bank is a full-service financial institution serving small businesses, entrepreneurs, and individuals across the Twin Cities and surrounding areas. The bank provides responsive and honest client services with simple, creative lending and deposit solutions, emphasizing a team approach and community impact.
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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
$843K
Average
$1.2M
Sweet Spot
$500K-$1M
Industries with highest loan volume
Offices of Certified Public Accountants
2
loans
$535K
avg. amount
Offices of Certified Public Accountants
2
loans
$535K
avg
Cut Stone and Stone Product Manufacturing
1
loans
$1.4M
avg. amount
Cut Stone and Stone Product Manufacturing
1
loans
$1.4M
avg
Window Treatment Retailers
1
loans
$2.9M
avg. amount
Window Treatment Retailers
1
loans
$2.9M
avg
Offices of Physical, Occupational and Speech Therapists, and Audiologists
1
loans
$965K
avg. amount
Offices of Physical, Occupational and Speech Therapists, and Audiologists
1
loans
$965K
avg
All Other Miscellaneous Schools and Instruction
1
loans
$3.0M
avg. amount
All Other Miscellaneous Schools and Instruction
1
loans
$3.0M
avg
Full-Service Restaurants
1
loans
$630K
avg. amount
Full-Service Restaurants
1
loans
$630K
avg
Residential Remodelers
1
loans
$1.0M
avg. amount
Residential Remodelers
1
loans
$1.0M
avg
Other Commercial and Industrial Machinery and Equipment Rental and Leasing
1
loans
$450K
avg. amount
Other Commercial and Industrial Machinery and Equipment Rental and Leasing
1
loans
$450K
avg
Toy and Hobby Goods and Supplies Merchant Wholesalers
1
loans
$494K
avg. amount
Toy and Hobby Goods and Supplies Merchant Wholesalers
1
loans
$494K
avg
Other Waste Collection
1
loans
$473K
avg. amount
Other Waste Collection
1
loans
$473K
avg
10-Year Default Rate
0.0%
Percentile Ranking
0th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.17% |
| $500K-$1M | Prime + 1.54% |
| $1M-$2M | Prime + 0.88% |
| $2M-$3M | Prime + 2.00% |
As Of March 31, 2026 - States by loan volume (darker blue = higher volume)
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