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First Bank
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First Bank — SBA Loan Activity
Public SBA 7(a) and 504 lending activity for First Bank.
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Overview
Recent loans
Industries
Geography
7(a) vs 504
Total SBA loans
113
2010 – 2025
Approved $
$25.3M
across all programs
Avg loan size
$224K
median $150K
Top industry
Full-Service Restaurants
13 loans · 12%
7(a) vs 504
BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
113
Approved
$25.3M
Avg size
$224K
Range
$15K – $1.4M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—
Top industries funded
See all industries
Full-Service Restaurants
13
Sporting Goods Stores
8
All Other Miscellaneous Crop Farming
7
Offices of Chiropractors
5
Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers
4
All Other Rubber Product Manufacturing
3
Loan records · First Bank
113 records
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Sort:
Amount
Date
Per job
Borrower
Location
Approved
descending
Per job
Program
Industry
Date
H-K Line Property, L.L.C.
First Bank
Waterloo, IA
50701
$1,413,000
$353K
7(a)
All Other Amusement and Recreation Industries
2021-08-10
Erickson Funeral Properties, Inc.
First Bank
Malvern, IA
51551
$1,305,000
$1.3M
7(a)
Funeral Homes and Funeral Services
2011-07-22
Maloney Property Maintenance, LLC
First Bank
Waterloo, IA
50703
$1,125,000
$94K
7(a)
Landscaping Services
2022-02-18
H Tactical, L.L.C.
First Bank
Waterloo, IA
50701
$1,107,000
$277K
7(a)
All Other Amusement and Recreation Industries
2021-08-10
CV Land Company, LLC
First Bank
Janesville, IA
50647
$1,000,000
$500K
7(a)
Other Industrial Machinery Manufacturing
2021-06-14
MODERN BUILDERS, INC.
First Bank
Waverly, IA
50677
$980,000
$15K
7(a)
Roofing Contractors
2010-12-09
The Diamond Auto Spa, LLC
First Bank
Denver, IA
50622
$864,700
$108K
7(a)
Car Washes
2021-10-14
FOUST FUNERAL HOME, LLC
First Bank
Eagle Grove, IA
50533
$670,000
—
7(a)
Funeral Homes and Funeral Services
2006-12-22
CV Corporation, Inc.
First Bank
Janesville, IA
50647
$600,000
$14K
7(a)
Cutting Tool and Machine Tool Accessory Manufacturing
2018-08-29
Rubber Development, Inc.
First Bank
Waverly, IA
50677
$600,000
$21K
7(a)
All Other Rubber Product Manufacturing
2011-06-01
SHELL ROCK FAMILY HEALTH, LLC
First Bank
Shell Rock, IA
50670
$450,000
—
7(a)
Offices of Physicians (except Mental Health Specialists)
2006-03-09
GMT CORPORATION
First Bank
Waverly, IA
50677
$437,000
—
7(a)
—
1993-03-29
Paha Cider, LLC
First Bank
Waverly, IA
50677
$393,500
$79K
7(a)
Wineries
2022-12-15
SPORTS PAGE GRILLE & TAVERN AN
First Bank
Waterloo, IA
50702
$380,600
—
7(a)
Full-Service Restaurants
2004-03-09
El Sol Mexican Restaurant Waverly, Inc.
First Bank
Waverly, IA
50677
$375,000
$63K
7(a)
Full-Service Restaurants
2020-12-16
GARRY'S TIRE SERVICE, INC.
First Bank
Waverly, IA
50677
$375,000
—
7(a)
Car Washes
2004-06-16
MaZoZa, Corp
First Bank
Eagle Grove, IA
50533
$360,000
$33K
7(a)
Drinking Places (Alcoholic Beverages)
2022-01-21
TEXPERTS, INC.
First Bank
Waverly, IA
50677
$354,000
—
7(a)
Drywall, Plastering, Acoustical, and Insulation Contractors
2002-07-16
DONALD C. & DIANE M. JOHNSTON
First Bank
Clarksville, IA
50619
$351,000
—
7(a)
All Other Animal Production
1992-05-28
DOYLE TANKTEC, INC.
First Bank
Cedar Falls, IA
50613
$350,000
—
7(a)
—
1999-01-12
RUBBER DEVELOPMENT, INC.
First Bank
Waverly, IA
50677
$349,000
—
7(a)
—
1993-07-09
MARK KONRARDY HEATING & COOLIN
First Bank
Cedar Falls, IA
50613
$325,000
—
7(a)
"Plumbing, Heating, and Air-Conditioning Contractors"
2003-05-27
Hershey Ranch, Inc.
First Bank
Oelwein, IA
50662
$322,000
$13K
7(a)
Limited-Service Restaurants
2019-03-20
RUBBER DEVELOPMENT, INC.
First Bank
Waverly, IA
50677
$300,000
$17K
7(a)
All Other Rubber Product Manufacturing
2010-01-05
CV Corporation
First Bank
Janesville, IA
50647
$300,000
$8K
7(a)
Printing Machinery and Equipment Manufacturing
2019-04-19
H-K Line Property, L.L.C.
Waterloo, IA · 50701
$1,413,000
7(a)
First Bank
$353K/job · 2021-08-10
Erickson Funeral Properties, Inc.
Malvern, IA · 51551
$1,305,000
7(a)
First Bank
$1.3M/job · 2011-07-22
Maloney Property Maintenance, LLC
Waterloo, IA · 50703
$1,125,000
7(a)
First Bank
$94K/job · 2022-02-18
H Tactical, L.L.C.
Waterloo, IA · 50701
$1,107,000
7(a)
First Bank
$277K/job · 2021-08-10
CV Land Company, LLC
Janesville, IA · 50647
$1,000,000
7(a)
First Bank
$500K/job · 2021-06-14
MODERN BUILDERS, INC.
Waverly, IA · 50677
$980,000
7(a)
First Bank
$15K/job · 2010-12-09
The Diamond Auto Spa, LLC
Denver, IA · 50622
$864,700
7(a)
First Bank
$108K/job · 2021-10-14
FOUST FUNERAL HOME, LLC
Eagle Grove, IA · 50533
$670,000
7(a)
First Bank
2006-12-22
CV Corporation, Inc.
Janesville, IA · 50647
$600,000
7(a)
First Bank
$14K/job · 2018-08-29
Rubber Development, Inc.
Waverly, IA · 50677
$600,000
7(a)
First Bank
$21K/job · 2011-06-01
SHELL ROCK FAMILY HEALTH, LLC
Shell Rock, IA · 50670
$450,000
7(a)
First Bank
2006-03-09
GMT CORPORATION
Waverly, IA · 50677
$437,000
7(a)
First Bank
1993-03-29
Paha Cider, LLC
Waverly, IA · 50677
$393,500
7(a)
First Bank
$79K/job · 2022-12-15
SPORTS PAGE GRILLE & TAVERN AN
Waterloo, IA · 50702
$380,600
7(a)
First Bank
2004-03-09
El Sol Mexican Restaurant Waverly, Inc.
Waverly, IA · 50677
$375,000
7(a)
First Bank
$63K/job · 2020-12-16
GARRY'S TIRE SERVICE, INC.
Waverly, IA · 50677
$375,000
7(a)
First Bank
2004-06-16
MaZoZa, Corp
Eagle Grove, IA · 50533
$360,000
7(a)
First Bank
$33K/job · 2022-01-21
TEXPERTS, INC.
Waverly, IA · 50677
$354,000
7(a)
First Bank
2002-07-16
DONALD C. & DIANE M. JOHNSTON
Clarksville, IA · 50619
$351,000
7(a)
First Bank
1992-05-28
DOYLE TANKTEC, INC.
Cedar Falls, IA · 50613
$350,000
7(a)
First Bank
1999-01-12
RUBBER DEVELOPMENT, INC.
Waverly, IA · 50677
$349,000
7(a)
First Bank
1993-07-09
MARK KONRARDY HEATING & COOLIN
Cedar Falls, IA · 50613
$325,000
7(a)
First Bank
2003-05-27
Hershey Ranch, Inc.
Oelwein, IA · 50662
$322,000
7(a)
First Bank
$13K/job · 2019-03-20
RUBBER DEVELOPMENT, INC.
Waverly, IA · 50677
$300,000
7(a)
First Bank
$17K/job · 2010-01-05
CV Corporation
Janesville, IA · 50647
$300,000
7(a)
First Bank
$8K/job · 2019-04-19
1–25 of 113
Page 1 of 5
Where First Bank lends
APPROVAL CONCENTRATION
TOP STATES
IA
113