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First FCU
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First FCU — SBA Loan Activity
Public SBA 7(a) and 504 lending activity for First Fcu.
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Overview
Recent loans
Industries
Geography
7(a) vs 504
Total SBA loans
2
2010 – 2025
Approved $
$537K
across all programs
Avg loan size
$268K
median $268K
Top industry
Drinking Places (Alcoholic Beverages)
2 loans · 100%
7(a) vs 504
BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
2
Approved
$537K
Avg size
$268K
Range
$217K – $320K
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—
Top industries funded
See all industries
Drinking Places (Alcoholic Beverages)
2
Loan records · First FCU
2 records
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Sort:
Amount
Date
Per job
Borrower
Location
Approved
descending
Per job
Program
Industry
Date
OTISMITCH, LLC
First FCU
Coralville, IA
52241
$320,000
$21K
7(a)
Drinking Places (Alcoholic Beverages)
2010-03-25
OTISM, LLC
First FCU
Cedar Rapids, IA
52402
$216,800
$36K
7(a)
Drinking Places (Alcoholic Beverages)
2009-05-08
OTISMITCH, LLC
Coralville, IA · 52241
$320,000
7(a)
First FCU
$21K/job · 2010-03-25
OTISM, LLC
Cedar Rapids, IA · 52402
$216,800
7(a)
First FCU
$36K/job · 2009-05-08
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Where First FCU lends
APPROVAL CONCENTRATION
TOP STATES
IA
2