SBA lender profile
First Children's Finance
First Children's Finance appears in the public SBA loan data with 24 funded 7(a) loans totaling $2.0M, an average of $85K per loan, and an estimated 276 jobs supported. Its SBA lending concentrates in Michigan and the Health Care and Social Assistance sector. Across all of its loans in the data, its charge-off rate is 4.2%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
24
Total volume
$2.0M
Average loan size
$85K
Charge-off rate
4.2%
Share of funded loans charged off
Jobs supported (reported)
276
Programs
7(a)
Where First Children's Finance lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Michigan | 10 | $1.0M |
| Minnesota | 11 | $799K |
| Missouri | 1 | $100K |
| Wisconsin | 1 | $50K |
| North Dakota | 1 | $50K |
What First Children's Finance funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Health Care and Social Assistance | 24 | $2.0M |
First Children's Finance SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2021 | 1 | $125K |
| 2022 | 3 | $335K |
| 2023 | 5 | $560K |
| 2024 | 12 | $863K |
| 2025 | 3 | $151K |
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 First Children's Finance's funded loans marked charged off across all of its
loans in the data; 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.
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