Unverified listing What this means
The Lender Report built this page from public records. The First National Bank in Sioux Falls has not reviewed it. Every lender's page starts this way, and it says nothing about The First National Bank in Sioux Falls itself. Each figure shows its source and date. Work at The First National Bank in Sioux Falls? You can claim this page for free.
SBA 7(a) record
The First National Bank in Sioux Falls: SBA 7(a) loans made
The First National Bank in Sioux Falls, a bank based in Sioux Falls, SD, made 60 SBA 7(a) loans in the 36 months ending September 30, 2026, $20.7M in all, net of cancelled approvals. The typical loan was about $200K, and 14 were in the last 12 months. Most were in South Dakota.
- Evidence
- SBA 7(a) loans in the 36 months ending September 30, 2026, SBA
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 9, 2026
- Loans, 36 months
- 60
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $20.7M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $200K
- SBA FOIA,
- Largest loan
- $2.2M
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 14
- SBA FOIA,
Cite this
Source: The Lender Report, The First National Bank in Sioux Falls: SBA 7(a) loans made, https://lender.report/lender/first-national-bank-in-sioux-falls-sd/sba-7a/, data as of September 30, 2026.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| Sep 2026 | South Dakota | SBA 7(a), Fitness and Recreational Sports Centers | $350K | 8.25% | 10 yr | SBA FOIA | |
| Jul 2026 | South Dakota | SBA 7(a), Retail Trade | $90K | 8% | 10 yr | SBA FOIA | |
| Jun 2026 | South Dakota | SBA 7(a), Professional, Scientific, and Technical Services | $480K | 8% | 10 yr | SBA FOIA | |
| Jun 2026 | South Dakota | SBA 7(a), Manufacturing | $160K | 7.75% | 7 yr | SBA FOIA | |
| Jun 2026 | South Dakota | SBA 7(a), Retail Trade | $130K | 7.75% | 7 yr | SBA FOIA | |
| Apr 2026 | South Dakota | SBA 7(a), Manufacturing | $950K | 7.25% | 10 yr | SBA FOIA | |
| Apr 2026 | South Dakota | SBA 7(a), Transportation and Warehousing | $140K | 8.25% | 5 yr | SBA FOIA | |
| Mar 2026 | South Dakota | SBA 7(a), Full-Service Restaurants | $1.4M | 7.5% | 10 yr | SBA FOIA | |
| Feb 2026 | South Dakota | SBA 7(a), Full-Service Restaurants | $80K | 7.75% | 5 yr | SBA FOIA | |
| Jan 2026 | South Dakota | SBA 7(a), Construction | $590K | 8% | 10 yr | SBA FOIA | |
| Jan 2026 | South Dakota | SBA 7(a), Mobile Food Services | $160K | 7.5% | 10 yr | SBA FOIA | |
| Dec 2025 | South Dakota | SBA 7(a), Retail Trade | $73K | 8.25% | 10 yr | SBA FOIA | |
| Dec 2025 | South Dakota | SBA 7(a), Manufacturing | $71K | 8% | 10 yr | SBA FOIA | |
| Dec 2025 | South Dakota | SBA 7(a), Snack and Nonalcoholic Beverage Bars | $58K | 8% | 6 yr | SBA FOIA | |
| Sep 2025 | South Dakota | SBA 7(a), Transportation and Warehousing | $240K | 8.5% | 4 yr | SBA FOIA | |
| May 2025 | South Dakota | SBA 7(a), Construction | $2.1M | 7.5% | 10 yr | SBA FOIA | |
| May 2025 | South Dakota | SBA 7(a), Arts, Entertainment, and Recreation | $390K | 8.5% | 10 yr | SBA FOIA | |
| May 2025 | South Dakota | SBA 7(a), All Other Specialty Trade Contractors | $150K | 8.5% | 6 yr | SBA FOIA | |
| May 2025 | South Dakota | SBA 7(a), All Other Personal Services | $50K | 7.75% | 8 yr | SBA FOIA | |
| Apr 2025 | South Dakota | SBA 7(a), Health Care and Social Assistance | $110K | 8.5% | 10 yr | SBA FOIA | |
| Mar 2025 | South Dakota | SBA 7(a), Limited-Service Restaurants | $730K | 7.75% | 10 yr | SBA FOIA | |
| Mar 2025 | South Dakota | SBA 7(a), Health Care and Social Assistance | $330K | 8% | 8 yr | SBA FOIA | |
| Mar 2025 | South Dakota | SBA 7(a), Offices of Chiropractors | $150K | 8% | 10 yr | SBA FOIA | |
| Feb 2025 | South Dakota | SBA 7(a), Wholesale Trade | $650K | 7.75% | 16 yr | SBA FOIA | |
| Feb 2025 | South Dakota | SBA 7(a), Professional, Scientific, and Technical Services | $120K | 8.25% | 5 yr | SBA FOIA | |
| 60 SBA 7(a) loans since October 2023, net of cancelled | $20.7M | SBA FOIA | |||||
A blank means the source did not report it.
| State | Loans | Dollars |
|---|---|---|
| South Dakota | 57 | $19.6M |
| Iowa | 1 | $550K |
| Minnesota | 1 | $75.0K |
| Nebraska | 1 | $500K |
SBA loans are on record by state only.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $150K | 24 | $2.11M |
| $150K to $350K | 15 | $3.32M |
| $350K to $1M | 18 | $9.60M |
| $1M to $2.5M | 3 | $5.70M |
| $2.5M or more | 0 | $0 |
| Quarter | Loans | Dollars |
|---|---|---|
| 2023 Q4 | 5 | $1.80M |
| 2024 Q1 | 8 | $1.51M |
| 2024 Q2 | 6 | $2.97M |
| 2024 Q3 | 7 | $2.06M |
| 2024 Q4 | 7 | $2.03M |
| 2025 Q1 | 7 | $2.60M |
| 2025 Q2 | 5 | $2.80M |
| 2025 Q3 | 1 | $240K |
| 2025 Q4 | 3 | $202K |
| 2026 Q1 | 4 | $2.23M |
| 2026 Q2 | 5 | $1.86M |
| 2026 Q3 | 2 | $440K |
Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.
| Industry (NAICS) | Loans |
|---|---|
| Construction | 7 |
| Limited-Service Restaurants (722513) | 5 |
| Arts, Entertainment, and Recreation | 3 |
| Fitness and Recreational Sports Centers (713940) | 3 |
| Professional, Scientific, and Technical Services | 3 |
| Retail Trade | 3 |
| Snack and Nonalcoholic Beverage Bars (722515) | 3 |
| Transportation and Warehousing | 3 |
| Full-Service Restaurants (722511) | 2 |
| General Freight Trucking, Local (484110) | 2 |
| Health Care and Social Assistance | 2 |
| Landscaping Services (561730) | 2 |
A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.
| Processing method | Loans |
|---|---|
| 7a General | 60 |
- The First National Bank in Sioux Falls made 60 SBA 7(a) loans totaling $20.7M in the 36 months ending September 30, 2026, net of cancelled approvals, in 4 states. SBA FOIA,
- 14 of them were in the 12 months to September 30, 2026, and 20 in the 12 months before. SBA FOIA,
- The typical loan was about $200K, with the middle half between $100K and $470K. SBA FOIA,
- The largest was about $2.2M. Every amount is rounded to 2 significant figures. SBA FOIA,
- 24 loans were under $150K, and 3 were $1M or more. SBA FOIA,
- The SBA file shows a median initial rate of 8.00% on 60 loans, with the middle half between 7.75% and 8.25%. SBA FOIA,
- The median term was 10 years. SBA FOIA,
- Its loans went most often to Construction, with 7. SBA FOIA,
- The SBA file lists 60 of its loans as processed under 7a General. SBA FOIA,
- Its loans were most often in South Dakota (57), Iowa (1) and Minnesota (1). SBA FOIA,
What we don't know
- Whether The First National Bank in Sioux Falls is taking new SBA 7(a) loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.
Loans are SBA approvals, net of cancelled approvals.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.