SBA lender profile
First Fed Bank
First Fed Bank appears in the public SBA loan data with 22 funded 7(a) loans since FY2010, totaling $25.3M, an average of $1.1M per loan, and an estimated 485 jobs supported. Its SBA lending concentrates in Washington and the Manufacturing sector. Across its 7(a) loans, the charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 75
- Scale 23
- Activity 36
- Consistency 35
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is First Fed Bank the right lender for you?
Lenders fund what they know. First Fed Bank's SBA lending concentrates in Washington (20 loans) and Manufacturing (6 loans), at an average loan of $1.1M. 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
- $2.1B
- Headquarters
- Port Angeles, WA
- FDIC cert
- #28405
- Status
- Active
Where First Fed Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Washington | 20 | $22.9M |
| Alaska | 1 | $1.6M |
| Oregon | 1 | $723K |
What First Fed Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 6 | $11.0M |
| Wholesale Trade | 4 | $7.2M |
| Professional and Technical Services | 3 | $2.2M |
| Agriculture, Forestry, Fishing | 1 | $1.6M |
| Transportation and Warehousing | 1 | $1.1M |
| Retail Trade | 1 | $736K |
First Fed Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2021 | 9 | $6.9M |
| 2022 | 9 | $15.9M |
| 2023 | 1 | $723K |
| 2024 | 3 | $1.8M |
Related SBA lenders
Other lenders active in Washington or in Manufacturing.
Comparing lenders? See how to choose an SBA lender by track record.
First Fed Bank: frequently asked questions
Does First Fed Bank offer SBA loans?
Yes. First Fed Bank appears in the public SBA data with 22 funded SBA 7(a) loans totaling $25.3M.
How many SBA loans has First Fed Bank made?
First Fed Bank is associated with 22 SBA 7(a) loans totaling $25.3M in the public SBA data (as of 2026-03-31).
What is First Fed Bank's SBA charge-off rate?
About 0.0% of First Fed Bank'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 Fed Bank do most of its SBA lending?
First Fed Bank's SBA lending in the data is most concentrated in Washington, 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 Fed Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/first-fed-bank/
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