SBA lender profile
First Resource Bank
First Resource Bank appears in the public SBA loan data with 124 funded 7(a) loans totaling $85.8M, an average of $692K per loan, and an estimated 2,083 jobs supported. Its SBA lending concentrates in Minnesota 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
124
Total volume
$85.8M
Average loan size
$692K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
2,083
Programs
7(a)
Bank profile
via FDIC- Total assets
- $811M
- Headquarters
- Exton, PA
- FDIC cert
- #57967
- Status
- Active
Where First Resource Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 106 | $65.2M |
| Pennsylvania | 5 | $8.9M |
| New Jersey | 2 | $5.3M |
| California | 2 | $3.1M |
| Wisconsin | 4 | $1.9M |
| Colorado | 1 | $470K |
What First Resource Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 24 | $18.3M |
| Manufacturing | 21 | $13.3M |
| Accommodation and Food Services | 14 | $13.2M |
| Professional and Technical Services | 19 | $12.6M |
| Wholesale Trade | 11 | $9.6M |
| Retail Trade | 12 | $6.0M |
First Resource Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 2 | $4.0M |
| 2021 | 5 | $825K |
| 2022 | 18 | $7.0M |
| 2023 | 17 | $9.5M |
| 2024 | 23 | $14.9M |
| 2025 | 40 | $33.3M |
| 2026 | 19 | $16.3M |
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 Resource 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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