First National Bank

SD

SBA-approved lender offering 7 loan programs across 4 industries.

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Key Metrics

Interest Rate

7.98%

1.23% over prime

Average Loan

$606K

Per approval

Total Approvals

10

FY 2025

Loan Programs (7)

Change of Ownership
Existing or more than 2 years old
Loan Funds will Open Business
Preferred Lenders Program
Startup
New Business or 2 years or less
Fixed Rates

Industries Served (4)

Appliance Repair and MaintenanceDrinking Places (Alcoholic Beverages)Full-Service RestaurantsGeneral Rental Centers

Additional Details

Prime Rate
6.75%
Rate Over Prime
1.23%
Effective Rate
7.98%
Fiscal Year
2025
States Served
SD

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