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First National Bank & Trust Co

IRON MOUNTAIN, MI 49801

28
Loans Approved
$8.7M
Total Volume
$310K
Avg Loan Size
2
States Served

States Served

MichiganWisconsin

Top Industries Financed

  • Machine Shops
  • Drinking Places (Alcoholic Beverages)
  • Full-Service Restaurants
  • Mobile Food Services
  • Other Support Activities for Water Transportation

Quick Summary

First National Bank & Trust Co is an SBA-approved lender headquartered in IRON MOUNTAIN, Michigan. Since 2020, they have approved 28 SBA 7(a) loans totaling $8.7M, with an average loan size of $310K. They serve businesses across 2 states.

About First National Bank & Trust Co

First National Bank & Trust Co is an SBA-approved lender headquartered in IRON MOUNTAIN, Michigan. Since 2020, they have approved 28 SBA 7(a) loans totaling $8.7M, with an average loan size of $310K. They serve businesses across 2 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is First National Bank & Trust Co an SBA Preferred Lender?

First National Bank & Trust Co is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has First National Bank & Trust Co approved?

According to SBA FOIA public records, First National Bank & Trust Co has approved 28 SBA 7(a) loans totaling $8.7M since 2020. Their average loan size is $310K.

What states does First National Bank & Trust Co serve?

First National Bank & Trust Co serves businesses in 2 states: Michigan, Wisconsin.

How do I apply for an SBA loan with First National Bank & Trust Co?

To apply for an SBA 7(a) loan with First National Bank & Trust Co, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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