First Bank
NC
SBA-approved lender offering 6 loan programs across 32 industries.
Key Metrics
Interest Rate
9.45%
2.70% over prime
Average Loan
$1.0M
Per approval
Total Approvals
68
FY 2025
Loan Programs (6)
Change of Ownership
Existing or more than 2 years old
New Business or 2 years or less
Preferred Lenders Program
SBA Express Program
Fixed Rates
Industries Served (32)
Administrative Management and General Management Consulting ServicesAll Other Amusement and Recreation IndustriesBreweriesChild Day Care ServicesCoastal and Great Lakes FreightWater TransportationCouriersElectrical ContractorsFinish Carpentry ContractorsFitness and Recreational Sports CentersFull-Service RestaurantsGeneral Freight Trucking, LocalGeneral Freight Trucking, Long Distance, TruckloadGeneral Rental CentersInsurance Agencies and BrokeragesLandscaping ServicesLimited-Service RestaurantsMedical, Dental, and Hospital Equipment and Supplies Merchant WholesalersMotion Picture Theaters (except Drive-Ins)Motor Vehicle Transmission and Power Train Parts ManufacturingOffices of DentistsOffices of Physicians (except Mental Health Specialists)Offices of Real Estate Agents and BrokersOther Activities Related to Real EstateOther Building Equipment ContractorsOther Building Finishing ContractorsOther Miscellaneous Nondurable Goods Merchant WholesalersOther Personal Care ServicesOther Technical and Trade SchoolsPet Care (except Veterinary) ServicesPlumbing, Heating, and Air-Conditioning ContractorsRecyclable Material Merchant WholesalersUsed Car Dealers
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 2.70%
- Effective Rate
- 9.45%
- Fiscal Year
- 2025
- States Served
- NC
- Website
- localfirstbank.com
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