SBA lender profile
First Dakota National Bank
First Dakota National Bank appears in the public SBA loan data with 14 funded 7(a) loans totaling $7.2M, an average of $515K per loan, and an estimated 209 jobs supported. Its SBA lending concentrates in South Dakota and the Construction sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
14
Total volume
$7.2M
Average loan size
$515K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
209
Programs
7(a)
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 | 14 | $7.2M |
What First Dakota National Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 2 | $3.1M |
| Accommodation and Food Services | 4 | $1.7M |
| Professional and Technical Services | 1 | $900K |
| Administrative and Support | 2 | $748K |
| Retail Trade | 1 | $522K |
| Health Care and Social Assistance | 3 | $224K |
First Dakota National Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 6 | $3.3M |
| 2021 | 2 | $981K |
| 2022 | 2 | $674K |
| 2024 | 1 | $248K |
| 2025 | 2 | $1.5M |
| 2026 | 1 | $522K |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of First Dakota National Bank's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
Looking for a lender like this?
Compare a few SBA lenders by track record, then get matched with SBA-approved lenders that fund businesses like yours.