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SBA lender profile

Security First Bank of North Dakota

Security First Bank of North Dakota appears in the public SBA loan data with 18 funded 7(a) loans since FY2010, totaling $6.0M, an average of $331K per loan, and an estimated 344 jobs supported. Its SBA lending concentrates in North Dakota and the Transportation and Warehousing sector. With only 18 7(a) loans in the data, the sample is too small to read a charge-off rate as a track record.

By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)

Funded loans
18
Since FY2010
Total volume
$6.0M
Average loan size
$331K
7(a) charge-off rate
Insufficient data
Only 18 7(a) loans in the data
Jobs supported (reported)
344
Programs
7(a)

Is Security First Bank of North Dakota the right lender for you?

Security First Bank of North Dakota appears in the SBA record with 18 funded loans since FY2010, too few to read as a lending pattern. That is not a mark against the institution, but it does mean the record cannot tell you whether it lends to businesses like yours. Lenders with a deeper track record in your state and industry can.

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Bank profile

via FDIC
Total assets
$297M
Headquarters
New Salem, ND
FDIC cert
#11519
Status
Active

Where Security First Bank of North Dakota lends

Top states by funded SBA volume.

StateLoansTotal volume
North Dakota 18 $6.0M

Metro areas where Security First Bank of North Dakota funds

What Security First Bank of North Dakota funds

Top industries by funded SBA volume.

Security First Bank of North Dakota SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
20103$905K
20111$2.2M
20121$423K
20131$196K
20153$579K
20201$280K
20211$335K
20244$956K
20251$47K
20262$78K

Related SBA lenders

Other lenders active in North Dakota or in Transportation and Warehousing.

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Security First Bank of North Dakota: frequently asked questions

Does Security First Bank of North Dakota offer SBA loans?

Yes. Security First Bank of North Dakota appears in the public SBA data with 18 funded SBA 7(a) loans totaling $6.0M.

How many SBA loans has Security First Bank of North Dakota made?

Security First Bank of North Dakota is associated with 18 SBA 7(a) loans totaling $6.0M in the public SBA data (as of 2026-03-31).

What is Security First Bank of North Dakota's SBA charge-off rate?

Security First Bank of North Dakota appears with only 18 7(a) loans in the data, too few for a charge-off rate to be meaningful as a track record. The SBA Lender Score treats fewer than 20 loans as insufficient data for the same reason; see our methodology.

Where does Security First Bank of North Dakota do most of its SBA lending?

Security First Bank of North Dakota's SBA lending in the data is most concentrated in North Dakota, and by industry in Transportation and Warehousing.

For Security First Bank of North Dakota

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.

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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 Security First Bank of North Dakota's 7(a) loans marked charged off (504 loans do not report charge-off status); 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.
Cite this analysis

Mario Bailey. (2026). Security First Bank of North Dakota SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/security-first-bank-of-north-dakota/

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