Pandemic Darlings The pandemic economy, in original documents
Home Rankings PPP lenders The First Bank and Trust Company

PPP lender · derived table

The First Bank and Trust Company

The First Bank and Trust Company appears in the SBA PPP loan-level file with 6,578 loans and $387.9 million in approved dollars, an average of $58,970 a loan. That is 0.057% of the 11,468,171 loans the file records, rank 275 of the 500 largest lenders by approved dollars and rank 171 by loan count. Borrowers on those loans reported 50,818 jobs, 7.7 a loan, and $7,633 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

Loans6,578
Approved dollars$387,905,461.03
Average loan$58,970.12
Share of program loans0.0574%
Rank by approved dollars275 of 500
Rank by loan count171 of 500
Jobs reported50,818
Jobs per loan7.7254
Approved dollars per reported job$7,633.23
Borrowers6,217
Loans per borrower1.058
Lender type (archive classification)Community bank
Modeled processing fees$20,090,253.24
Modeled fees, 2020 first-draw loans$9,144,347.58
Modeled fees, 2021 first-draw loans$5,439,007.30
Modeled fees, 2021 second-draw loans$5,506,898.36
Modeled fee per loan$3,054.16
Rank by modeled fees231 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.

Back to top