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First PREMIER Bank

SIOUX FALLS, SD 57104

16
Loans Approved
$2.2M
Total Volume
$136K
Avg Loan Size
1
States Served

States Served

South Dakota

Top Industries Financed

  • Other Accounting Services
  • Child Day Care Services
  • Marketing Consulting Services
  • Sports Teams and Clubs
  • Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers

Quick Summary

First PREMIER Bank is an SBA-approved lender headquartered in SIOUX FALLS, South Dakota. Since 2020, they have approved 16 SBA 7(a) loans totaling $2.2M, with an average loan size of $136K. They primarily serve South Dakota businesses.

About First PREMIER Bank

First PREMIER Bank is an SBA-approved lender headquartered in SIOUX FALLS, South Dakota. Since 2020, they have approved 16 SBA 7(a) loans totaling $2.2M, with an average loan size of $136K. They primarily serve businesses in South Dakota.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is First PREMIER Bank an SBA Preferred Lender?

First PREMIER Bank 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 PREMIER Bank approved?

According to SBA FOIA public records, First PREMIER Bank has approved 16 SBA 7(a) loans totaling $2.2M since 2020. Their average loan size is $136K.

What states does First PREMIER Bank serve?

First PREMIER Bank primarily serves businesses in South Dakota.

How do I apply for an SBA loan with First PREMIER Bank?

To apply for an SBA 7(a) loan with First PREMIER Bank, 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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