PPP lender · derived table
First State Bank
First State Bank appears in the SBA PPP loan-level file with 16,867 loans and $882.6 million in approved dollars, an average of $52,329 a loan. That is 0.15% of the 11,468,171 loans the file records, rank 136 of the 500 largest lenders by approved dollars and rank 76 by loan count. Borrowers on those loans reported 102,503 jobs, 6.1 a loan, and $8,611 of approved dollars for each reported job. The archive was not searched for this name: it is a common bank name and a title match would not identify this lender.
Totals
| Loans | 16,867 |
| Approved dollars | $882,641,055.15 |
| Average loan | $52,329.46 |
| Share of program loans | 0.1471% |
| Rank by approved dollars | 136 of 500 |
| Rank by loan count | 76 of 500 |
| Jobs reported | 102,503 |
| Jobs per loan | 6.0771 |
| Approved dollars per reported job | $8,610.88 |
| Borrowers | 15,130 |
| Loans per borrower | 1.115 |
| Lender type (archive classification) | Community bank |
| Modeled processing fees | $49,423,341.12 |
| Modeled fees, 2020 first-draw loans | $21,793,599.29 |
| Modeled fees, 2021 first-draw loans | $12,755,562.65 |
| Modeled fees, 2021 second-draw loans | $14,874,179.18 |
| Modeled fee per loan | $2,930.18 |
| Rank by modeled fees | 118 of 4,688 originating lenders |
Named in the archive
The archive was not searched for this lender. Its name is made only of words that many banks share, so a title match would not tell this lender from another.
Data and method
Totals come from SBA's PPP loan-level file (FOIA release of 2024-09-30); ranks are among its 4,688 named originating lenders. Modeled fees are computed loan by loan from SBA's published fee schedule, because SBA never published what it paid each lender. Jobs are self-reported; dollars are approved, not disbursed; the totals leave out 39 source rows. The per-lender totals page has the full method.