SBA lender profile
First Dakota National Bank
First Dakota National Bank appears in the public SBA loan data with 44 funded 7(a) loans since FY2010, totaling $12.1M, an average of $274K per loan, and an estimated 417 jobs supported. Its SBA lending concentrates in South Dakota and the Construction sector. Across its 7(a) loans, the charge-off rate is 4.5%. 15.9% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 65
- Scale 22
- Activity 31
- Consistency 74
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is First Dakota National Bank the right lender for you?
Lenders fund what they know. First Dakota National Bank's SBA lending concentrates in South Dakota (42 loans) and Construction (7 loans), at an average loan of $274K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $3.3B
- Headquarters
- Yankton, SD
- FDIC cert
- #4028
- Status
- Active
Where First Dakota National Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| South Dakota | 42 | $11.8M |
| Iowa | 1 | $220K |
| Nebraska | 1 | $103K |
Metro areas where First Dakota National Bank funds
What First Dakota National Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 7 | $4.2M |
| Retail Trade | 5 | $2.3M |
| Accommodation and Food Services | 6 | $1.8M |
| Professional and Technical Services | 3 | $1.1M |
| Administrative and Support | 4 | $857K |
| Health Care and Social Assistance | 7 | $567K |
First Dakota National Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 7 | $528K |
| 2011 | 6 | $940K |
| 2012 | 3 | $407K |
| 2013 | 5 | $346K |
| 2014 | 2 | $415K |
| 2015 | 2 | $1.0M |
| 2016 | 1 | $150K |
| 2017 | 2 | $898K |
| 2018 | 2 | $143K |
| 2020 | 6 | $3.3M |
| 2021 | 2 | $981K |
| 2022 | 2 | $674K |
| 2024 | 1 | $248K |
| 2025 | 2 | $1.5M |
| 2026 | 1 | $522K |
Related SBA lenders
Other lenders active in South Dakota or in Construction.
Comparing lenders? See how to choose an SBA lender by track record.
First Dakota National Bank: frequently asked questions
Does First Dakota National Bank offer SBA loans?
Yes. First Dakota National Bank appears in the public SBA data with 44 funded SBA 7(a) loans totaling $12.1M.
How many SBA loans has First Dakota National Bank made?
First Dakota National Bank is associated with 44 SBA 7(a) loans totaling $12.1M in the public SBA data (as of 2026-03-31).
What is First Dakota National Bank's SBA charge-off rate?
About 4.5% of First Dakota National Bank's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does First Dakota National Bank do most of its SBA lending?
First Dakota National Bank's SBA lending in the data is most concentrated in South Dakota, and by industry in Construction.
Is First Dakota National Bank an SBA Preferred Lender (PLP)?
The loan record shows First Dakota National Bank operating under PLP delegated authority: 7 of its 7(a) loans (15.9%) were processed through the Preferred Lenders Program, including 1 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). First Dakota National Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/first-dakota-national-bank/
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