First IC Bank

GA

SBA-approved lender offering 6 loan programs across 6 industries.

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Key Metrics

Interest Rate

7.73%

0.98% over prime

Average Loan

$1.5M

Per approval

Total Approvals

53

FY 2025

Loan Programs (6)

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 (6)

Electrical ContractorsFull-Service RestaurantsHotels (except Casino Hotels) and MotelsLimited-Service RestaurantsOffices of DentistsOther Building Equipment Contractors

Additional Details

Prime Rate
6.75%
Rate Over Prime
0.98%
Effective Rate
7.73%
Fiscal Year
2025
States Served
GA

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