SBA lender profile
First National Bank
First National Bank appears in the public SBA loan data with 118 funded 7(a) loans totaling $35.9M, an average of $304K per loan, and an estimated 1,383 jobs supported. Its SBA lending concentrates in Colorado and the Construction 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
118
Total volume
$35.9M
Average loan size
$304K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
1,383
Programs
7(a)
Bank profile
via FDIC- Total assets
- $85M
- Headquarters
- Waldron, AR
- FDIC cert
- #1035
- Status
- Inactive
Where First National Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Colorado | 11 | $12.0M |
| South Dakota | 42 | $9.6M |
| Iowa | 14 | $4.3M |
| Minnesota | 25 | $4.2M |
| New Mexico | 9 | $1.8M |
| Virginia | 5 | $1.7M |
What First National Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 27 | $13.4M |
| Accommodation and Food Services | 13 | $6.1M |
| Retail Trade | 23 | $3.8M |
| Manufacturing | 9 | $3.2M |
| Agriculture, Forestry, Fishing | 10 | $2.0M |
| Real Estate | 3 | $1.6M |
First National Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 20 | $4.3M |
| 2021 | 34 | $10.2M |
| 2022 | 34 | $11.3M |
| 2023 | 11 | $2.2M |
| 2024 | 5 | $497K |
| 2025 | 11 | $6.3M |
| 2026 | 3 | $1.0M |
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 National 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.
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