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First Western Bank & Trust

MINOT, ND 58701

138
Loans Approved
$38.2M
Total Volume
$277K
Avg Loan Size
3
States Served

States Served

MinnesotaNorth DakotaWisconsin

Top Industries Financed

  • Beauty Salons
  • Landscaping Services
  • Offices of Lawyers
  • Other Activities Related to Real Estate
  • Other Personal and Household Goods Repair and Maintenance

Quick Summary

First Western Bank & Trust is an SBA-approved lender headquartered in MINOT, North Dakota. Since 2020, they have approved 138 SBA 7(a) loans totaling $38.2M, with an average loan size of $277K. They serve businesses across 3 states.

About First Western Bank & Trust

First Western Bank & Trust is an SBA-approved lender headquartered in MINOT, North Dakota. Since 2020, they have approved 138 SBA 7(a) loans totaling $38.2M, with an average loan size of $277K. They serve businesses across 3 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is First Western Bank & Trust an SBA Preferred Lender?

First Western 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 Western Bank & Trust approved?

According to SBA FOIA public records, First Western Bank & Trust has approved 138 SBA 7(a) loans totaling $38.2M since 2020. Their average loan size is $277K.

What states does First Western Bank & Trust serve?

First Western Bank & Trust serves businesses in 3 states: Minnesota, North Dakota, Wisconsin.

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

To apply for an SBA 7(a) loan with First Western 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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