SBA lender profile
Friend Bank
Friend Bank appears in the public SBA loan data with 21 funded 7(a) loans totaling $3.6M, an average of $172K per loan, and an estimated 186 jobs supported. Its SBA lending concentrates in Alabama 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
21
Total volume
$3.6M
Average loan size
$172K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
186
Programs
7(a)
Bank profile
via FDIC- Total assets
- $218M
- Headquarters
- Slocomb, AL
- FDIC cert
- #2828
- Status
- Active
Where Friend Bank lends
Top states by funded SBA volume.
What Friend Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 4 | $1.3M |
| Wholesale Trade | 6 | $587K |
| Construction | 2 | $508K |
| Other Services | 1 | $372K |
| Agriculture, Forestry, Fishing | 1 | $233K |
| Manufacturing | 1 | $158K |
Friend Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 5 | $1.4M |
| 2021 | 13 | $1.4M |
| 2022 | 1 | $233K |
| 2023 | 2 | $521K |
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 Friend 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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