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Western State Bank

DEVILS LAKE, ND 58301

47
Loans Approved
$33.7M
Total Volume
$717K
Avg Loan Size
19
States Served

States Served

ArizonaCaliforniaFloridaGeorgiaIllinoisIndianaMassachusettsMichiganMissouriNorth CarolinaNevadaNew YorkOhioOklahomaSouth CarolinaTennesseeTexasWashingtonWisconsin

Top Industries Financed

  • Limited-Service Restaurants
  • All Other Amusement and Recreation Industries
  • Bowling Centers
  • Fitness and Recreational Sports Centers
  • Full-Service Restaurants

Quick Summary

Western State Bank is an SBA-approved lender headquartered in DEVILS LAKE, North Dakota. Since 2020, they have approved 47 SBA 7(a) loans totaling $33.7M, with an average loan size of $717K. They serve businesses across 19 states.

About Western State Bank

Western State Bank is an SBA-approved lender headquartered in DEVILS LAKE, North Dakota. Since 2020, they have approved 47 SBA 7(a) loans totaling $33.7M, with an average loan size of $717K. They serve businesses across 19 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Western State Bank an SBA Preferred Lender?

Western State 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 Western State Bank approved?

According to SBA FOIA public records, Western State Bank has approved 47 SBA 7(a) loans totaling $33.7M since 2020. Their average loan size is $717K.

What states does Western State Bank serve?

Western State Bank serves businesses in 19 states: Arizona, California, Florida, Georgia, Illinois, Indiana, Massachusetts, Michigan, Missouri, North Carolina, Nevada, New York, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Washington, Wisconsin.

How do I apply for an SBA loan with Western State Bank?

To apply for an SBA 7(a) loan with Western State 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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