104
Loans Approved
$62.2M
Total Volume
$598K
Avg Loan Size
7
States Served
Top Industries Financed
- Residential Remodelers
- Other Commercial and Industrial Machinery and Equipment Rental and Lea
- Full-Service Restaurants
- Cut Stone and Stone Product Manufacturing
- All Other Specialty Trade Contractors
About First Resource Bank
First Resource Bank is an SBA-approved lender headquartered in LINO LAKES, Minnesota. Since 2020, they have approved 104 SBA 7(a) loans totaling $62.2M, with an average loan size of $598K. 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 7 states.
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