The First National Bank in Sioux Falls

SD

SBA-approved lender offering 5 loan programs across 12 industries.

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Key Metrics

Interest Rate

7.31%

0.56% over prime

Average Loan

$502K

Per approval

Total Approvals

23

FY 2025

Loan Programs (5)

7a General
Change of Ownership
Existing or more than 2 years old
Fixed Rates
Loan Funds will Open Business

Industries Served (12)

All Other Amusement and Recreation IndustriesAll Other Personal ServicesAll Other Specialty Trade ContractorsChild Day Care ServicesCoffee and Tea ManufacturingLimited-Service RestaurantsOffices of ChiropractorsOther Support Activities for Road TransportationPoured Concrete Foundation and Structure ContractorsService Establishment Equipment and Supplies Merchant WholesalersServices for the Elderly and Persons with DisabilitiesVeterinary Services

Additional Details

Prime Rate
6.75%
Rate Over Prime
0.56%
Effective Rate
7.31%
Fiscal Year
2025
States Served
SD

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