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First State Bank & Trust

Williston, ND 58802

10
Loans Approved
$4.9M
Total Volume
$486K
Avg Loan Size
1
States Served

States Served

North Dakota

Top Industries Financed

  • Support Activities for Oil and Gas Operations
  • Bowling Centers
  • Snack and Nonalcoholic Beverage Bars
  • Funeral Homes and Funeral Services
  • Fitness and Recreational Sports Centers

Quick Summary

First State Bank & Trust is an SBA-approved lender headquartered in Williston, North Dakota. Since 2020, they have approved 10 SBA 7(a) loans totaling $4.9M, with an average loan size of $486K. They primarily serve North Dakota businesses.

About First State Bank & Trust

First State Bank & Trust is an SBA-approved lender headquartered in Williston, North Dakota. Since 2020, they have approved 10 SBA 7(a) loans totaling $4.9M, with an average loan size of $486K. They primarily serve businesses in North Dakota.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is First State Bank & Trust an SBA Preferred Lender?

First State Bank & 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 First State Bank & Trust approved?

According to SBA FOIA public records, First State Bank & Trust has approved 10 SBA 7(a) loans totaling $4.9M since 2020. Their average loan size is $486K.

What states does First State Bank & Trust serve?

First State Bank & Trust primarily serves businesses in North Dakota.

How do I apply for an SBA loan with First State Bank & Trust?

To apply for an SBA 7(a) loan with First State Bank & 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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