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First Bank & Trust

BROOKINGS, SD 57006

⭐ SBA Preferred Lender
183
Loans Approved
$139.7M
Total Volume
$763K
Avg Loan Size
5
States Served

States Served

IowaMinnesotaNebraskaSouth DakotaWisconsin

Top Industries Financed

  • Limited-Service Restaurants
  • Fitness and Recreational Sports Centers
  • Snack and Nonalcoholic Beverage Bars
  • Coin-Operated Laundries and Drycleaners
  • All Other Personal Services

About First Bank & Trust

First Bank & Trust is an SBA-approved lender headquartered in BROOKINGS, South Dakota. Since 2020, they have approved 183 SBA 7(a) loans totaling $139.7M, with an average loan size of $763K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 5 states.

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SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days