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American Bank and Trust

Sioux Falls, SD 57108

9
Loans Approved
$8.8M
Total Volume
$977K
Avg Loan Size
2
States Served

States Served

IowaSouth Dakota

Top Industries Financed

  • Soil Preparation, Planting, and Cultivating
  • All Other Outpatient Care Centers
  • Other Personal Care Services
  • Offices of Chiropractors
  • Other Waste Collection

Quick Summary

American Bank and Trust is an SBA-approved lender headquartered in Sioux Falls, South Dakota. Since 2020, they have approved 9 SBA 7(a) loans totaling $8.8M, with an average loan size of $977K. They serve businesses across 2 states.

About American Bank and Trust

American Bank and Trust is an SBA-approved lender headquartered in Sioux Falls, South Dakota. Since 2020, they have approved 9 SBA 7(a) loans totaling $8.8M, with an average loan size of $977K. They serve businesses across 2 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is American Bank and Trust an SBA Preferred Lender?

American Bank and Trust 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 American Bank and Trust approved?

According to SBA FOIA public records, American Bank and Trust has approved 9 SBA 7(a) loans totaling $8.8M since 2020. Their average loan size is $977K.

What states does American Bank and Trust serve?

American Bank and Trust serves businesses in 2 states: Iowa, South Dakota.

How do I apply for an SBA loan with American Bank and Trust?

To apply for an SBA 7(a) loan with American Bank and Trust, 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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