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The First National Bank in Sioux Falls (SD)

Serving Sioux Falls, SD and surrounding communities since 1885. The First National Bank in Sioux Falls builds successful relationships when it comes to financial planning, personal and business banking, agribusiness, and mortgage services.

7a General
Change of Ownership
Existing or more than 2 years old
Fixed Rates
Loan Funds will Open Business
# New Business or 2 years or less
# Startup
SBA Loan Approvals as of 6/30/25 22
SBA Loans Total Approval Amount as of 6/30/25 $11,298,100
Average SBA Loan Size as of 6/30/25 $513,550
Average SBA Loan Rate over Prime (Prime is 7%) 0.56
The First National Bank in Sioux Falls (SD)

Unlock Your Financial Potential with The First National Bank in Sioux Falls (SD)

The First National Bank in Sioux Falls — one of South Dakota’s oldest and most trusted financial institutions — has been serving local businesses since 1885. Known for its relationship-focused approach, strong commercial lending expertise, and deep community commitment, the bank provides small businesses with flexible financing and SBA loan programs designed to help them launch, grow, and thrive across the Sioux Falls region and beyond.

Key Features of The First National Bank in Sioux Falls (SD)

  • Comprehensive Business Banking The bank offers business checking and savings accounts, merchant services, ACH and wire solutions, treasury management, remote deposit, and digital banking tools built to streamline everyday operations.

  • SBA Loan Expertise The First National Bank in Sioux Falls participates in SBA lending programs, including:

    • SBA 7(a) loans
    • SBA 504 loans
    • SBA Express
      SBA financing supports:
    • Working capital
    • Equipment purchases
    • Owner-occupied CRE
    • Business acquisitions
    • Expansion and renovations
  • Robust Commercial Lending Platform In addition to SBA loans, the bank provides:

    • Term loans
    • Commercial mortgages
    • Construction financing
    • Lines of credit
    • Agriculture lending
    • Equipment financing
    • Business credit cards
  • Digital Business Banking Business customers benefit from:

    • Online & mobile banking
    • eStatements
    • Remote deposit capture
    • Treasury dashboards
    • ACH/wire origination
    • Bill pay
  • Industry Expertise The bank serves a wide range of South Dakota industries, including:

    • Agriculture
    • Manufacturing
    • Healthcare & professional services
    • Retail & hospitality
    • Construction & trades
    • Real estate and development
  • Deep Community Commitment With over a century of service to Sioux Falls, the bank supports community initiatives, entrepreneurship programs, local nonprofits, and regional economic development.

Why Choose The First National Bank in Sioux Falls for SBA Loans?

The First National Bank in Sioux Falls combines local decision-making with experienced SBA lending capabilities.
Business owners benefit from:

  • Personalized SBA loan guidance
  • Competitive rates and flexible terms
  • Knowledgeable underwriters familiar with South Dakota industries
  • Faster responses and hands-on support
  • Strong expertise in both rural and urban business markets

Whether you’re purchasing a company, expanding a facility, financing equipment, or acquiring owner-occupied commercial real estate, this bank offers SBA-backed solutions designed for long-term business success.

How to Get Started

Ready to explore SBA financing or another commercial lending option? Visit the
First National Bank in Sioux Falls Business Banking page
to review services, check SBA eligibility, and connect with a South Dakota-based business-banking specialist.

Empower your financial future today with The First National Bank in Sioux Falls — where local entrepreneurs gain the capital, partnership, and support they need to succeed.

Industry