SBA lender profile
First Western Bank & Trust
First Western Bank & Trust appears in the public SBA loan data with 139 funded 7(a) loans totaling $38.7M, an average of $278K per loan, and an estimated 1,689 jobs supported. Its SBA lending concentrates in Minnesota and the Health Care and Social Assistance sector. Across all of its loans in the data, its charge-off rate is 0.7%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
139
Total volume
$38.7M
Average loan size
$278K
Charge-off rate
0.7%
Share of funded loans charged off
Jobs supported (reported)
1,689
Programs
7(a)
Bank profile
via FDIC- Total assets
- $2.3B
- Headquarters
- Minot, ND
- FDIC cert
- #19123
- Status
- Active
Where First Western Bank & Trust lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 75 | $20.8M |
| North Dakota | 63 | $14.4M |
| Wisconsin | 1 | $3.5M |
What First Western Bank & Trust funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Health Care and Social Assistance | 14 | $8.6M |
| Other Services | 22 | $6.3M |
| Retail Trade | 13 | $5.1M |
| Arts, Entertainment, Recreation | 4 | $3.8M |
| Accommodation and Food Services | 12 | $3.4M |
| Professional and Technical Services | 18 | $1.9M |
First Western Bank & Trust SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 30 | $6.9M |
| 2021 | 42 | $15.2M |
| 2022 | 15 | $2.7M |
| 2023 | 25 | $5.7M |
| 2024 | 17 | $6.0M |
| 2025 | 8 | $1.3M |
| 2026 | 2 | $830K |
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 Western Bank & Trust'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.
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