First Community Bank
NC
SBA-approved lender offering 7 loan programs across 28 industries.
Key Metrics
Interest Rate
6.87%
0.12% over prime
Average Loan
$436K
Per approval
Total Approvals
104
FY 2025
Loan Programs (7)
7a General
Change of Ownership
Existing or more than 2 years old
Fixed Rates
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Industries Served (28)
All Other Amusement and Recreation IndustriesAll Other Outpatient Care CentersAll Other Specialty Trade ContractorsBeauty SalonsCommercial Screen PrintingDrive-In Motion Picture TheatersElectrical ContractorsFlooring ContractorsFull-Service RestaurantsGeneral Automotive RepairGeneral Freight Trucking, LocalGeneral Freight Trucking, Long Distance, TruckloadLandscape Architectural ServicesLandscaping ServicesLessors of Miniwarehouses and Self-Storage UnitsLimited-Service RestaurantsMobile Food ServicesMotor Vehicle TowingOffices of LawyersOffices of Mental Health Practitioners (except Physicians)Other Foundation, Structure, and Building Exterior ContractorsOther Personal Care ServicesRV (Recreational Vehicle) Parks and CampgroundsRecyclable Material Merchant WholesalersRetail BakeriesRoofing, Siding, and Insulation Material Merchant WholesalersSite Preparation ContractorsSpecialized Freight (except Used Goods) Trucking, Local
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 0.12%
- Effective Rate
- 6.87%
- Fiscal Year
- 2025
- States Served
- NC
- Website
- www.firstcommunitybank.com
Ready to apply with First Community Bank?
Let Cassian help you prepare your application and connect you with the right loan officer.