First United Bank
PARK RIVER, ND 58270
States Served
Top Industries Financed
- Potato Farming
Quick Summary
First United Bank is an SBA-approved lender headquartered in PARK RIVER, North Dakota. Since 2020, they have approved 2 SBA 7(a) loans totaling $5.2M, with an average loan size of $2.6M. They primarily serve North Dakota businesses.
About First United Bank
First United Bank is an SBA-approved lender headquartered in PARK RIVER, North Dakota. Since 2020, they have approved 2 SBA 7(a) loans totaling $5.2M, with an average loan size of $2.6M. They primarily serve businesses in North Dakota.
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Frequently Asked Questions
Is First United Bank an SBA Preferred Lender?
First United 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 United Bank approved?
According to SBA FOIA public records, First United Bank has approved 2 SBA 7(a) loans totaling $5.2M since 2020. Their average loan size is $2.6M.
What states does First United Bank serve?
First United Bank primarily serves businesses in North Dakota.
How do I apply for an SBA loan with First United Bank?
To apply for an SBA 7(a) loan with First United 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+.
Get in Touch with This Lender
Contact First United Bank
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