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First Community CU

JAMESTOWN, ND 58401

7
Loans Approved
$5.5M
Total Volume
$788K
Avg Loan Size
2
States Served

States Served

MinnesotaNorth Dakota

Top Industries Financed

  • Baked Goods Stores
  • Other Personal Care Services
  • Painting and Wall Covering Contractors
  • Commercial and Industrial Machinery and Equipment (except Automotive a
  • General Automotive Repair

Quick Summary

First Community CU is an SBA-approved lender headquartered in JAMESTOWN, North Dakota. Since 2020, they have approved 7 SBA 7(a) loans totaling $5.5M, with an average loan size of $788K. They serve businesses across 2 states.

About First Community CU

First Community CU is an SBA-approved lender headquartered in JAMESTOWN, North Dakota. Since 2020, they have approved 7 SBA 7(a) loans totaling $5.5M, with an average loan size of $788K. They serve businesses across 2 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is First Community CU an SBA Preferred Lender?

First Community CU is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has First Community CU approved?

According to SBA FOIA public records, First Community CU has approved 7 SBA 7(a) loans totaling $5.5M since 2020. Their average loan size is $788K.

What states does First Community CU serve?

First Community CU serves businesses in 2 states: Minnesota, North Dakota.

How do I apply for an SBA loan with First Community CU?

To apply for an SBA 7(a) loan with First Community CU, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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