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Home Minnesota First State Bank of Le Center

First State Bank of Le Center

LE CENTER, MN 56057

1
Loans Approved
$210K
Total Volume
$210K
Avg Loan Size
1
States Served

States Served

Top Industries Financed

  • Full-Service Restaurants

Quick Summary

First State Bank of Le Center is an SBA-approved lender headquartered in LE CENTER, Minnesota. Since 2020, they have approved 1 SBA 7(a) loans totaling $210K, with an average loan size of $210K. They primarily serve Minnesota businesses.

About First State Bank of Le Center

First State Bank of Le Center is an SBA-approved lender headquartered in LE CENTER, Minnesota. Since 2020, they have approved 1 SBA 7(a) loans totaling $210K, with an average loan size of $210K. They primarily serve businesses in Minnesota.

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Frequently Asked Questions

Is First State Bank of Le Center an SBA Preferred Lender?

First State Bank of Le Center 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 State Bank of Le Center approved?

According to SBA FOIA public records, First State Bank of Le Center has approved 1 SBA 7(a) loans totaling $210K since 2020. Their average loan size is $210K.

What states does First State Bank of Le Center serve?

First State Bank of Le Center primarily serves businesses in Minnesota.

How do I apply for an SBA loan with First State Bank of Le Center?

To apply for an SBA 7(a) loan with First State Bank of Le Center, 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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