Bank · Sioux Falls, SD
First National Bank in Sioux Falls
Made 10 SBA 7(a) change-of-ownership loans totaling $7.2M in FY2024 to FY2026: #240 of 1,054 lenders by loans and #288 by dollars. Lends in 2 states. Part of Minnehaha Banshares Inc.
#240by loans, FY24–26
10loans
$7.2Mapproved
$484Kmedian loan
Volume
By fiscal year
Share of all loans = this lender’s loans as a share of every SBA acquisition loan that year.
| Fiscal year | Loans | Dollars | Median | Share of all loans |
|---|---|---|---|---|
| FY2024 | 7 | $4.6M | $500K | 0.1% |
| FY2025 | 3 | $2.6M | $350K | 0.0% |
Loan size
Deal size mix
20% of its loans were $1M or more.
- Under $350K3 loans · 30% · $469K
- $350K to $1M5 loans · 50% · $2.5M
- $1M to $2M0 loans · 0% · $0K
- $2M to $5M2 loans · 20% · $4.3M
Where the money goes
Top industries
| Industry | Loans | Dollars |
|---|---|---|
| Construction | 5 | $5.2M |
| Retail Trade | 1 | $500K |
| Administrative & Support, Waste Mgmt | 1 | $60K |
| Educational Services | 1 | $350K |
| Accommodation & Food Services | 1 | $648K |
| Other Services | 1 | $468K |
Business location
Top states
| Business state | Loans | Dollars |
|---|---|---|
| South Dakota | 9 | $6.7M |
| Nebraska | 1 | $500K |
Keep exploring
Related pages
Top lenders in its top states
Its top industries and deal size
Lenders of similar size
Guides and rankings
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