SBA lender profile
First Commerce Bank
First Commerce Bank appears in the public SBA loan data with 50 funded 7(a) loans totaling $42.2M, an average of $845K per loan, and an estimated 722 jobs supported. Its SBA lending concentrates in New Jersey and the Retail Trade sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
50
Total volume
$42.2M
Average loan size
$845K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
722
Programs
7(a)
Bank profile
via FDIC- Total assets
- $42M
- Headquarters
- Logan, UT
- FDIC cert
- #25833
- Status
- Inactive
Where First Commerce Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| New Jersey | 45 | $38.6M |
| New York | 4 | $2.3M |
| Pennsylvania | 1 | $1.4M |
What First Commerce Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 13 | $17.8M |
| Accommodation and Food Services | 9 | $9.5M |
| Transportation and Warehousing | 1 | $5.0M |
| Health Care and Social Assistance | 3 | $2.3M |
| Other Services | 3 | $1.5M |
| Arts, Entertainment, Recreation | 1 | $1.3M |
First Commerce Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 20 | $20.7M |
| 2021 | 8 | $5.6M |
| 2022 | 10 | $8.8M |
| 2023 | 5 | $3.5M |
| 2024 | 1 | $1.4M |
| 2025 | 6 | $2.2M |
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 Commerce Bank'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.
Looking for a lender like this?
Compare a few SBA lenders by track record, then get matched with SBA-approved lenders that fund businesses like yours.