First Fidelity Bank
BURKE, SD 57523
States Served
Top Industries Financed
- Hotels (except Casino Hotels) and Motels
Quick Summary
First Fidelity Bank is an SBA-approved lender headquartered in BURKE, South Dakota. Since 2020, they have approved 1 SBA 7(a) loans totaling $700K, with an average loan size of $700K. They primarily serve South Dakota businesses.
About First Fidelity Bank
First Fidelity Bank is an SBA-approved lender headquartered in BURKE, South Dakota. Since 2020, they have approved 1 SBA 7(a) loans totaling $700K, with an average loan size of $700K. They primarily serve businesses in South Dakota.
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Frequently Asked Questions
Is First Fidelity Bank an SBA Preferred Lender?
First Fidelity Bank 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 First Fidelity Bank approved?
According to SBA FOIA public records, First Fidelity Bank has approved 1 SBA 7(a) loans totaling $700K since 2020. Their average loan size is $700K.
What states does First Fidelity Bank serve?
First Fidelity Bank primarily serves businesses in South Dakota.
How do I apply for an SBA loan with First Fidelity Bank?
To apply for an SBA 7(a) loan with First Fidelity Bank, 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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