Lenders › First United Bank and Trust Company
7(a) lenderDurant, OklahomaFDIC-insured bank225th of 2,184 by approvals
First United Bank and Trust Company
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
In FY2021 to FY2025 SBA approved 164 7(a) loans, worth $156M, through First United Bank and Trust Company of Durant, Oklahoma, an FDIC-insured bank in the SBA 7(a) program. By number of approvals that is 225th among 2,184 active 7(a) lenders.
In FY2025, the latest complete fiscal year, it had 36 approvals totalling $33.3M, up 20% on FY2024 (30). FY2026 to 30 Jun 2026 adds 16 more.
The median approval was $546K, against $190K for the 7(a) program as a whole; 3.7% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 4 states and territories and 38 counties, led by Texas (70.1%), Oklahoma (28.0%) and Florida (1.2%). The largest industry group was accommodation and food services at 17.1% of approvals, and 14.6% of approvals were to franchise businesses.
Of 331 disbursed loans approved in FY2010 to FY2021, SBA records 12 as charged off (3.6%), 232 as paid in full and 87 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 16 | $19.7M | $890K | $1.2M | 434 |
| FY2025 | 36 | $33.3M | $497K | $924K | 641 |
| FY2024 | 30 | $31.2M | $762K | $1.0M | 699 |
| FY2023 | 19 | $17.8M | $791K | $938K | 338 |
| FY2022 | 38 | $34.9M | $649K | $920K | 553 |
| FY2021 | 41 | $38.3M | $544K | $935K | 780 |
| FY2020 | 36 | $27.6M | $462K | $765K | 370 |
| FY2019 | 34 | $20.4M | $438K | $601K | 568 |
| FY2018 | 20 | $12.9M | $496K | $643K | 363 |
| FY2017 | 26 | $19.2M | $432K | $737K | 419 |
| FY2016 | 41 | $22.5M | $150K | $549K | 586 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 157 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Texas | 7(a) program |
|---|---|---|---|
| Approvals in these years | 352 | 48,931 | 639,905 |
| Cancelled or never disbursed | 21 | 5,758 | 79,313 |
| Disbursed loans | 331 | 43,173 | 560,592 |
| Paid in full | 232 | 31,848 | 435,813 |
| Charged off | 12 | 3,650 | 36,891 |
| Still outstanding (status exempt from disclosure) | 87 | 7,675 | 87,888 |
| Charged off, share of disbursed loans | 3.6% | 8.5% | 6.6% |
| Dollars charged off, share of disbursed dollars | 2.7% | 2.9% | 2.5% |
| Dollars charged off | $6.3M | $682M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 38 | 9 | 0 | 0.0% | 2.8% |
| FY2020 | 34 | 19 | 0 | 0.0% | 4.0% |
| FY2019 | 33 | 16 | 1 | 3.0% | 6.7% |
| FY2018 | 20 | 12 | 2 | — | 7.9% |
| FY2017 | 25 | 19 | 1 | — | 7.7% |
| FY2016 | 38 | 31 | 2 | 5.3% | 7.2% |
| FY2015 | 46 | 42 | 1 | 2.2% | 6.9% |
| FY2014 | 45 | 37 | 3 | 6.7% | 6.4% |
| FY2013 | 23 | 19 | 2 | — | 6.0% |
| FY2012 | 14 | 14 | 0 | — | 6.3% |
| FY2011 | 8 | 7 | 0 | — | 6.9% |
| FY2010 | 7 | 7 | 0 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $546K | $190K |
| Average approval | $949K | $518K |
| Approvals of $150,000 or less | 3.7% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 43.9% | 34.3% |
| Approvals to franchise businesses | 14.6% | 11.5% |
| Jobs supported per approval, as reported | 18.4 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 3.6% | 6.6% |
States served
| # | State of the business (4 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Texas | 115 | $120M | 70.1% | |
| 2 | Oklahoma | 46 | $31.0M | 28.0% | |
| 3 | Florida | 2 | — | 1.2% | |
| 4 | Tennessee | 1 | — | 0.6% |
In Texas the lender accounts for 0.5% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (38 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Collin County, TX | 21 | $27.5M | 12.8% | |
| 2 | Denton County, TX | 20 | $14.2M | 12.2% | |
| 3 | Oklahoma County, OK | 17 | $11.1M | 10.4% | |
| 4 | Tarrant County, TX | 16 | $25.6M | 9.8% | |
| 5 | Dallas County, TX | 15 | $15.1M | 9.1% | |
| 6 | Cleveland County, OK | 12 | $7.9M | 7.3% | |
| 7 | Bexar County, TX | 6 | $5.9M | 3.7% | |
| 8 | Grayson County, TX | 6 | $2.8M | 3.7% | |
| 9 | Guadalupe County, TX | 5 | $6.2M | 3.0% | |
| 10 | Hays County, TX | 3 | $3.7M | 1.8% | |
| 11 | McClain County, OK | 3 | $3.2M | 1.8% | |
| 12 | Hughes County, OK | 3 | $1.7M | 1.8% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 28 | 17.1% | |
| 2 | Other Services (except Public Administration) | 23 | 14.0% | |
| 3 | Health Care and Social Assistance | 23 | 14.0% | |
| 4 | Retail Trade | 20 | 12.2% | |
| 5 | Arts, Entertainment, and Recreation | 16 | 9.8% | |
| 6 | Professional, Scientific, and Technical Services | 14 | 8.5% | |
| 7 | Manufacturing | 11 | 6.7% | |
| 8 | Construction | 9 | 5.5% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 25 | 15.2% | |
| 2 | Other Amusement and Recreation IndustriesNAICS 7139 | 14 | 8.5% | |
| 3 | Offices of Other Health PractitionersNAICS 6213 | 11 | 6.7% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 7 | 4.3% | |
| 5 | Other Personal ServicesNAICS 8129 | 7 | 4.3% | |
| 6 | Architectural, Engineering, and Related ServicesNAICS 5413 | 5 | 3.0% | |
| 7 | Specialty Food StoresNAICS 4452 | 5 | 3.0% | |
| 8 | Child Day Care ServicesNAICS 6244 | 4 | 2.4% | |
| 9 | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and MaintenanceNAICS 8113 | 3 | 1.8% | |
| 10 | Other Schools and InstructionNAICS 6116 | 3 | 1.8% |
Approval sizes
- $50,001 to $150,0003.7%6
- $150,001 to $350,00022.0%36
- $350,001 to $1 million45.7%75
- $1 million to $2 million15.2%25
- Over $2 million13.4%22
Loan terms
- 5 years or less1.8%3
- Over 5 to 10 years47.6%78
- Over 10 to 20 years26.8%44
- Over 20 years23.8%39
Age of the businesses
- Existing, more than 2 years old31.1%51
- New business, 2 years or less14.0%23
- Startup, loan funds will open the business29.9%49
- Change of ownership24.4%40
- Not answered0.6%1
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 138 | 84.1% | |
| 2 | 7a General | 18 | 11.0% | |
| 3 | SBA Express Program | 6 | 3.7% | |
| 4 | International Trade Loans | 1 | 0.6% | |
| 5 | Working Capital CAPLine | 1 | 0.6% |
Franchise share
24 of 164 approvals in FY2021–FY2025 (14.6%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Jersey Mike’s Subs | 3 | 1.8% | |
| 2 | Golden Corral | 1 | 0.6% | |
| 3 | Captain D's | 1 | 0.6% | |
| 4 | Armstrong McCall | 1 | 0.6% | |
| 5 | Ace Pickleball Club | 1 | 0.6% | |
| 6 | SEI Fuel Services, Inc | 1 | 0.6% | |
| 7 | The Brass Tap Craft Beer Bar | 1 | 0.6% | |
| 8 | Image360 | 1 | 0.6% |
Questions and answers
How many SBA loans does First United Bank and Trust Company make?
SBA approved 36 7(a) loans through First United Bank and Trust Company in FY2025, worth $33.3M, and 164 over FY2021 to FY2025. That ranks 225th of 2,184 active 7(a) lenders by number of approvals.
How large are First United Bank and Trust Company's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $546K and the average $949K. The program-wide median was $190K.
What is First United Bank and Trust Company's charge-off rate?
Of 331 disbursed loans approved in FY2010 to FY2021, SBA records 12 as charged off (3.6%), 232 as paid in full and 87 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does First United Bank and Trust Company lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (25); other amusement and recreation industries (14); offices of other health practitioners (11); automotive repair and maintenance (7).
Where does First United Bank and Trust Company make SBA loans?
In 4 states and territories. Texas 115, Oklahoma 46, Florida 2, Tennessee 1. In Texas it accounts for 0.5% of all 7(a) approvals.
Is First United Bank and Trust Company's SBA lending rising?
Approvals in the three latest complete fiscal years total 85, against 115 in the three before: falling (-26%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error