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First National Bank is a family-owned community financial institution founded in 1985, emphasizing commercial banking with a specialty in serving rural and main street communities. The bank operates with over 30 years of service experience across Minnesota, South Dakota, Iowa, and Illinois, combining big bank strength with local decision-making and hometown involvement.
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SBA 7(a) Acquisition Loan Data As Of March 31, 2026
Last 12 Months
Last 3 Years
YoY Growth
low activity
As Of March 31, 2026
Median
$121K
Average
$121K
Sweet Spot
$0-$500K
Industries with highest loan volume
General Automotive Repair
1
loans
$165K
avg. amount
General Automotive Repair
Loans
1
Avg. Amount
$165K
Drinking Places (Alcoholic Beverages)
1
loans
$78K
avg. amount
Drinking Places (Alcoholic Beverages)
Loans
1
Avg. Amount
$78K
10-Year Default Rate
0.0%
Percentile Ranking
0th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 1.00% |
As Of March 31, 2026 - States by loan volume (darker blue = higher volume)
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