The First National Bank in Sioux Falls
10 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.
- Acquisitions financed
- 10
- Total approved
- $7.2M
- Median loan
- $484K
- Middle half of loans
- $284K to $611K
- Median starting rate
- 8.02%
- Median term
- 10 yrs
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Where the approvals cluster
The SBA file shows approvals across 9 industries and 2 states and territories. The largest industry by count was Poured Concrete Foundation and Structure Contractors (2 of 10 approvals). South Dakota had the highest count among recorded project locations (9).
The median approved loan was $484K versus $707K across the index for FY2024–FY2026. This profile is based on a small sample. Differences can reflect which industries, markets and deal sizes the lender serves.
Read the five-lender comparison ↗Industries by approval count
| # | Industry | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Poured Concrete Foundation and Structure Contractors | 2 | 20% | $2.1M | $4.3M |
| 2 | Limited-Service Restaurants | 1 | 10% | $648K | $648K |
| 3 | Other Building Equipment Contractors | 1 | 10% | $500K | $500K |
| 4 | Used Merchandise Retailers | 1 | 10% | $500K | $500K |
| 5 | General Automotive Repair | 1 | 10% | $468K | $468K |
| 6 | Sports and Recreation Instruction | 1 | 10% | $350K | $350K |
| 7 | Painting and Wall Covering Contractors | 1 | 10% | $262K | $262K |
| 8 | All Other Specialty Trade Contractors | 1 | 10% | $148K | $148K |
| 9 | Collection Agencies | 1 | 10% | $60K | $60K |
Project locations
| # | State | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | South Dakota | 9 | 90% | $468K | $6.7M |
| 2 | Nebraska | 1 | 10% | $500K | $500K |