SBA lender profile
First Bank Richmond
First Bank Richmond appears in the public SBA loan data with 30 funded 7(a) loans since FY2010, totaling $20.6M, an average of $685K per loan, and an estimated 615 jobs supported. Its SBA lending concentrates in Indiana and the Manufacturing sector. Across its 7(a) loans, the charge-off rate is 6.7%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 60
- Scale 25
- Activity 63
- Consistency 59
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is First Bank Richmond the right lender for you?
Lenders fund what they know. First Bank Richmond's SBA lending concentrates in Indiana (22 loans) and Manufacturing (4 loans), at an average loan of $685K. 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
- $1.5B
- Headquarters
- Richmond, IN
- FDIC cert
- #28533
- Status
- Active
Where First Bank Richmond lends
Top states by funded SBA volume.
Metro areas where First Bank Richmond funds
What First Bank Richmond funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 4 | $6.7M |
| Accommodation and Food Services | 8 | $4.7M |
| Other Services | 6 | $2.8M |
| Educational Services | 1 | $2.4M |
| Health Care and Social Assistance | 3 | $1.5M |
| Real Estate | 1 | $898K |
First Bank Richmond SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 5 | $1.4M |
| 2012 | 4 | $1.9M |
| 2013 | 1 | $26K |
| 2014 | 1 | $345K |
| 2015 | 2 | $545K |
| 2016 | 1 | $137K |
| 2020 | 1 | $533K |
| 2021 | 3 | $2.7M |
| 2023 | 5 | $6.0M |
| 2024 | 3 | $4.5M |
| 2025 | 4 | $2.5M |
Related SBA lenders
Other lenders active in Indiana or in Manufacturing.
Comparing lenders? See how to choose an SBA lender by track record.
First Bank Richmond: frequently asked questions
Does First Bank Richmond offer SBA loans?
Yes. First Bank Richmond appears in the public SBA data with 30 funded SBA 7(a) loans totaling $20.6M.
How many SBA loans has First Bank Richmond made?
First Bank Richmond is associated with 30 SBA 7(a) loans totaling $20.6M in the public SBA data (as of 2026-03-31).
What is First Bank Richmond's SBA charge-off rate?
About 6.7% of First Bank Richmond'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 First Bank Richmond do most of its SBA lending?
First Bank Richmond's SBA lending in the data is most concentrated in Indiana, and by industry in Manufacturing.
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.
Request your institution's benchmarking →Mario Bailey. (2026). First Bank Richmond SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/first-bank-richmond/
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