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Lender record

First Heritage Bank

The real lending record — every figure from funded deals. HQ: 801 S Fremont St, Shenandoah, IA. 2 branches.

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22

Recent deals (FY20+)

$138K

Typical deal

19 days

Approval → funding

0%

Failure rate (FY20–23)

Where First Heritage Bank lends

Deals First Heritage Bank funded — list all 22 as text

Deal profile

Most First Heritage Bank deals land between $67K and $450K — that range covers half of everything they fund. Top industries and states:

Industries they fund most

  1. 1.General Freight Trucking, Local (5)
  2. 2.Wood Kitchen Cabinet and Countertop Manufacturing (4)
  3. 3.Automotive Parts and Accessories Retailers (3)
  4. 4.Site Preparation Contractors (2)
  5. 5.Full-Service Restaurants (2)
  6. 6.Plumbing and Heating Equipment and Supplies (Hydronics) Merc (1)
  7. 7.Industrial Supplies Merchant Wholesalers (1)
  8. 8.Caterers (1)

Most active states

  1. 1.Missouri (13 deals)
  2. 2.Kansas (6 deals)
  3. 3.Virginia (1 deals)
  4. 4.Oregon (1 deals)
  5. 5.Georgia (1 deals)

Franchises they finance most

DPF Alternatives

3 deals

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

Total assets

$72.1M

▲ 3.1% vs prior quarter

Deposits on hand

$59.9M

▲ 3.3% vs prior quarter

Loans outstanding

$52.9M

▼ 1.1% vs prior quarter

Net income (latest qtr)

$329K

  • •An active SBA program (~0.6% of the book in this year's production) — they know the process, but SBA isn't the main event. Ask who runs their SBA desk before committing your timeline. That makes First Heritage Bank more SBA-focused than 71% of the banks on our record.
  • •Deposits grew last quarter — more raw lending capacity than the quarter before.
  • •Return on assets of 1.85% — above 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 Heritage Bank branch (2)

First Heritage BankMain office801 S Fremont StShenandoah, IA 51601 · since 1903

Farragut Branch612 Hartford AveFarragut, IA 51639 · since 1995

Branch data: FDIC BankFind.

Recent deals

  • Klassic Creations LLC in Kansas City, MO — $138K (2025) · Wood Kitchen Cabinet and Countertop Manufacturing
  • Iron Horse Transport, LLC in Roanoke, VA — $102K (2025) · Automotive Parts and Accessories Retailers
  • Diesel Empire, Inc. in Wilsonville, OR — $100K (2025) · Automotive Parts and Accessories Retailers
  • Klassic Creations LLC in Kansas City, MO — $96K (2025) · Wood Kitchen Cabinet and Countertop Manufacturing
  • Klassic Creations LLC in Kansas City, MO — $86K (2025) · Wood Kitchen Cabinet and Countertop Manufacturing
  • Southeastern Filter Restoration LLC in Gray, GA — $78K (2025) · Automotive Parts and Accessories Retailers
  • MRM, Inc. in Belton, MO — $1.2M (2024) · purchase · Plumbing and Heating Equipment and Supplies (Hydronics) Merc
  • Advanced Erosion Solutions, LLC in Olathe, KS — $500K (2024) · Site Preparation Contractors
  • Gk Fittings, Inc. in Lenexa, KS — $450K (2024) · Industrial Supplies Merchant Wholesalers
  • Klassic Creations LLC in Kansas City, MO — $250K (2024) · Wood Kitchen Cabinet and Countertop Manufacturing

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

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Businesses First Heritage Bank financed

15 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 Heritage Bank.

Agent summary

This page summarizes First Heritage 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
  • $138K typical deal
  • 1 business-acquisition loans
  • HQ: 801 S Fremont St, Shenandoah, IA
  • 2 FDIC branch locations
  • FDIC total assets $72.1M

Next steps

Request an introRank lendersPre-qualify a deal
Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-18.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:
https://www.capbench.com/lenders/first-heritage-bank
API:
https://www.capbench.com/api/public/lenders/first-heritage-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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