SBA lender profile
First Southwest Bank
First Southwest Bank appears in the public SBA loan data with 145 funded 7(a) loans totaling $44.9M, an average of $310K per loan, and an estimated 1,468 jobs supported. Its SBA lending concentrates in Colorado and the Real Estate sector. Across all of its loans in the data, its charge-off rate is 2.1%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
145
Total volume
$44.9M
Average loan size
$310K
Charge-off rate
2.1%
Share of funded loans charged off
Jobs supported (reported)
1,468
Programs
7(a)
Bank profile
via FDIC- Total assets
- $10M
- Headquarters
- Eldorado, OK
- FDIC cert
- #15670
- Status
- Inactive
Where First Southwest Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Colorado | 131 | $42.5M |
| New Mexico | 11 | $1.7M |
| Kansas | 1 | $400K |
| Arizona | 1 | $221K |
| California | 1 | $100K |
What First Southwest Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Real Estate | 12 | $7.1M |
| Construction | 14 | $6.0M |
| Agriculture, Forestry, Fishing | 3 | $6.0M |
| Transportation and Warehousing | 29 | $4.6M |
| Accommodation and Food Services | 11 | $3.7M |
| Other Services | 9 | $3.4M |
First Southwest Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 26 | $7.6M |
| 2021 | 71 | $16.8M |
| 2022 | 24 | $8.7M |
| 2023 | 13 | $2.5M |
| 2024 | 7 | $8.0M |
| 2025 | 1 | $548K |
| 2026 | 3 | $757K |
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 Southwest 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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