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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 June 30, 2025
Last 12 Months
Last 3 Years
YoY Growth
Data not available
As Of June 30, 2025
Median
$121K
Average
$121K
Industries with highest loan volume
loans
N/A
avg. amount
Loans
Avg. Amount
N/A
loans
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avg. amount
Loans
Avg. Amount
N/A
All rates shown as spread over Prime Rate
This Lender
Market Average
As Of June 30, 2025 - 10-year default rate indicates underwriting quality
10-Year Default Rate
0.0%
Bottom 10% of Lenders (Highest Default Rate)
Performance Ranking
100th
Lower is better among all lenders
As Of June 30, 2025 - States by loan volume (darker blue = higher volume)