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Lender record

First Fed Bank

The real lending record — every figure from funded deals. HQ: 105 W 8th St, Port Angeles, WA. 15 branches.

22

Recent deals (FY20+)

$723K

Typical deal

13 days

Approval → funding

0%

Failure rate (FY20–23)

Where First Fed Bank lends

Deals First Fed Bank funded — list all 22 as text

Deal profile

Most First Fed Bank deals land between $200K and $1.3M — that range covers half of everything they fund. Top industries and states:

Industries they fund most

  1. 1.Offices of Lawyers (2)
  2. 2.Fabricated Structural Metal Manufacturing (1)
  3. 3.Residential Remodelers (1)
  4. 4.Drugs and Druggists' Sundries Merchant Wholesalers (1)
  5. 5.Footwear Merchant Wholesalers (1)
  6. 6.Distilleries (1)
  7. 7.Perishable Prepared Food Manufacturing (1)
  8. 8.Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesale (1)

Most active states

  1. 1.Washington (20 deals)
  2. 2.Oregon (1 deals)
  3. 3.Alaska (1 deals)

Can First Fed Bank fund you? The bank behind the loans

Total assets

$2.1B

▲ 1.2% vs prior quarter

Deposits on hand

$1.6B

▲ 0.4% vs prior quarter

Loans outstanding

$1.6B

▲ 0.1% vs prior quarter

Net income (latest qtr)

$774K

  • •SBA is a sideline here — this year's production is a rounding error against the loan book. Your deal competes with everything else they'd rather fund; a specialist bank will usually move faster. That makes First Fed Bank more SBA-focused than 12% of the banks on our record.
  • •Deposits grew last quarter — more raw lending capacity than the quarter before.
  • •Return on assets of 0.15% — well under the ~1% mark generally considered strong for a bank. How any of this translates to your rate is a question for the loan officer — pricing is set deal by deal.

FDIC call-report data, quarter ending 03/2026.

Walk into a First Fed Bank branch (15)

First Fed BankMain office105 W 8th StPort Angeles, WA 98362 · since 1923 · limited service

Sequim Avenue Branch333 N Sequim AveSequim, WA 98382 · since 1923

Eastside Branch-Main Deposit Office1603 E 1st StPort Angeles, WA 98362 · since 1923

Sixth Street Branch227 E 6th StPort Angeles, WA 98362 · since 1923

Sequim Village Branch1201 W Washington StSequim, WA 98382 · since 1923

Forks Branch131 Calawah WayForks, WA 98331 · since 1923

Downtown Branch141 W 1st StPort Angeles, WA 98362 · since 1988 · limited service

Port Townsend Branch1321 W Sims WayPort Townsend, WA 98368 · since 1989

Silverdale Branch3035 Nw Bucklin Hill RdSilverdale, WA 98383 · since 2014

Bellingham Branch1270 Barkley BlvdBellingham, WA 98226 · since 2015

Fairhaven Branch1215 12th St Ste 105Bellingham, WA 98225 · since 2016

Bainbridge Island323 High School Rd NeBainbridge Island, WA 98110 · since 2018

Bellevue Branch1100 Bellevue Way NeBellevue, WA 98004 · since 2018

Ferndale Branch1860 Main StFerndale, WA 98248 · since 2021

Www.Ourfirstfed.Com Branch105 W 8th St Suite 104Port Angeles, WA 98362 · since 2022

Scroll for all 15 branches · Branch data: FDIC BankFind.

Recent deals

  • The Law Office of Janelle N. Bailey, LLC in Seattle, WA — $1.0M (2024) · Offices of Lawyers
  • Rogue Fabricators Inc in Poulsbo, WA — $560K (2024) · Fabricated Structural Metal Manufacturing
  • Moore Construction LLC in Bremerton, WA — $215K (2024) · Residential Remodelers
  • Healthright Products, LLC in Portland, OR — $723K (2023) · Drugs and Druggists' Sundries Merchant Wholesalers
  • Billdon, LLC in Kent, WA — $5.0M (2022) · Footwear Merchant Wholesalers
  • Blue Spirits Distilling, LLC in Cashmere, WA — $4.0M (2022) · Distilleries
  • Tutta Bella Culinary, LLC in Seattle, WA — $3.0M (2022) · Perishable Prepared Food Manufacturing
  • KPJ Partners Inc. in Burlington, WA — $1.3M (2022) · Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesale
  • Nwest Face Investment Corporation in Mount Vernon, WA — $1.1M (2022) · purchase · General Freight Trucking, Local
  • Impressive Signs & Graphics, Inc of Washington in Puyallup, WA — $900K (2022) · Other Specialized Design Services

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

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Businesses First Fed Bank financed

21 businesses on record. Each links to its full SBA record.

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CapBench analysis of public lending records, FY2020–present. Not affiliated with First Fed Bank.

Agent summary

This page summarizes First Fed Bank's public SBA 7(a) lending record — deal sizes, industries, geography, and FDIC profile — from CapBench SBA Intelligence. CapBench is not a lender and does not originate or approve loans.

  • 22 SBA 7(a) loans on record
  • $723K typical deal
  • 1 business-acquisition loans
  • HQ: 105 W 8th St, Port Angeles, WA
  • 15 FDIC branch locations
  • FDIC total assets $2.1B

Next steps

Request an introRank lendersPre-qualify a deal
Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:
https://www.capbench.com/lenders/first-fed-bank
API:
https://www.capbench.com/api/public/lenders/first-fed-bank
Methodology:
Sources & methodology
  • Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
  • Figures come from public records and CapBench methodology; verify before relying on them.
  • Lender matches are informational and based on public lending activity — they do not guarantee lender interest or approval.

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