First Community Bank
Headquartered in BLUEFIELD, VA. Analysis based on 268 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $111.0M.
Total 7(a) loans
268
Total approved
$111.0M
Average loan
$414K
States funded in
9
Charge-off rate
0.00%
FY2020–FY2023 cohort
Paid-in-full rate
32.10%
Average rate
7.19%
Average term
144 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 488410 | Motor Vehicle Towing | 18 |
| 722513 | Limited-Service Restaurants | 13 |
| 484121 | General Freight Trucking, Long Distance, Truckload | 12 |
| 484110 | General Freight Trucking, Local | 9 |
| 561730 | Landscaping Services | 7 |
| 722511 | Full-Service Restaurants | 7 |
| 721211 | RV (Recreational Vehicle) Parks and Campgrounds | 7 |
| 238910 | Site Preparation Contractors | 7 |
| 531130 | Lessors of Miniwarehouses and Self-Storage Units | 5 |
| 113310 | Logging | 5 |
Top 10 states
| State | Loans |
|---|---|
| NC | 135 |
| VA | 75 |
| WV | 36 |
| AR | 7 |
| TX | 5 |
| NE | 5 |
| TN | 3 |
| SC | 1 |
| CA | 1 |
Top franchise brands financed
8 franchise loans across 7 distinct brands.
| Franchise | Loans |
|---|---|
| Eggs Up Grill | 2 |
| GLO TANNING | 1 |
| Smashburger | 1 |
| Mason's Lobster | 1 |
| Microtel Inn & Suites by Wyndh | 1 |
| Frutta Bowls | 1 |
| Firehouse Subs | 1 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.