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SBA lender profile

Bank First, N.A.

Bank First, N.A. appears in the public SBA loan data with 882 funded 7(a) loans since FY2010, totaling $417.8M, an average of $474K per loan, and an estimated 14,017 jobs supported. Its SBA lending concentrates in Wisconsin and the Manufacturing sector. Across its 7(a) loans, the charge-off rate is 1.4%. 41.6% of its 7(a) loans were processed under delegated PLP authority.

By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)

Track record 85
Scale 89
Activity 79
Consistency 84

A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.

Funded loans
882
Since FY2010
Total volume
$417.8M
Average loan size
$474K
7(a) charge-off rate
1.4%
Share of 7(a) loans charged off
Jobs supported (reported)
14,017
Programs
7(a)

Is Bank First, N.A. the right lender for you?

Lenders fund what they know. Bank First, N.A.'s SBA lending concentrates in Wisconsin (865 loans) and Manufacturing (185 loans), at an average loan of $474K. If your business does not look like that, a different SBA lender is likely the better fit.

See which SBA lenders fund businesses like yours →

Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.

Bank profile

via FDIC
Total assets
$6.1B
Headquarters
Manitowoc, WI
FDIC cert
#5304
Status
Active

Where Bank First, N.A. lends

Top states by funded SBA volume.

StateLoansTotal volume
Wisconsin 865 $406.4M
Illinois 11 $9.4M
Minnesota 5 $1.8M
Louisiana 1 $174K

Metro areas where Bank First, N.A. funds

What Bank First, N.A. funds

Top industries by funded SBA volume.

IndustryLoansTotal volume
Manufacturing 185 $120.1M
Construction 118 $53.7M
Accommodation and Food Services 104 $42.7M
Retail Trade 94 $39.5M
Other Services 88 $35.8M
Health Care and Social Assistance 59 $20.0M

Bank First, N.A. SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
201070$28.5M
201190$64.4M
201275$40.3M
201390$33.3M
201455$16.2M
201543$12.0M
201644$17.1M
201743$16.1M
201852$26.8M
201916$4.2M
202050$30.4M
202194$57.9M
202234$22.5M
202340$16.7M
202437$11.3M
202535$11.7M
202614$8.4M

Related SBA lenders

Other lenders active in Wisconsin or in Manufacturing.

Comparing lenders? See how to choose an SBA lender by track record.

Bank First, N.A.: frequently asked questions

Does Bank First, N.A. offer SBA loans?

Yes. Bank First, N.A. appears in the public SBA data with 882 funded SBA 7(a) loans totaling $417.8M.

How many SBA loans has Bank First, N.A. made?

Bank First, N.A. is associated with 882 SBA 7(a) loans totaling $417.8M in the public SBA data (as of 2026-03-31).

What is Bank First, N.A.'s SBA charge-off rate?

About 1.4% of Bank First, N.A.'s 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.

Where does Bank First, N.A. do most of its SBA lending?

Bank First, N.A.'s SBA lending in the data is most concentrated in Wisconsin, and by industry in Manufacturing.

Is Bank First, N.A. an SBA Preferred Lender (PLP)?

The loan record shows Bank First, N.A. operating under PLP delegated authority: 367 of its 7(a) loans (41.6%) were processed through the Preferred Lenders Program, including 48 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.

For Bank First, N.A.

This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.

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Sources and disclaimer. All figures are computed from the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31), as described in our methodology. The charge-off rate is the share of Bank First, N.A.'s 7(a) loans marked charged off (504 loans do not report charge-off status); it is not a lifetime default rate. SBA Loan Index is not affiliated with the SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
Cite this analysis

Mario Bailey. (2026). Bank First, N.A. SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/bank-first-n-a/

Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.

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