SBAPULSE

First Bank & Trust

Headquartered in BROOKINGS, SD

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7(a) Lending

Gross approval amounts

FY2026 Volume

$28.2M

#190 by FY2026 volume

FY2026 Loans

31

$911K avg size

FY2022–FY2026 Volume

$167.2M

FY2022–FY2026 Loans

215

Annual Trend

Approval volume (bars) and loan count (line)

Volume (left axis)Loans (right axis)

Geographic Footprint

Approval volume by project state, FY2026

Low
High

Activity by State

3 states, districts, and territories with activity

#
1SD21$20.6M$980K
2MN9$5.9M$655K
3IA1$1.8M$1.8M
Explore 7(a) loan-level performance

504 Third Party Lending

First mortgage amounts committed alongside 504 debentures

FY2026 Volume

$4.8M

#390 by FY2026 volume

FY2026 Loans

4

$1.2M avg size

FY2022–FY2026 Volume

$29.3M

FY2022–FY2026 Loans

20

Annual Trend

Approval volume (bars) and loan count (line)

Volume (left axis)Loans (right axis)

Geographic Footprint

Approval volume by project state, FY2026

Low
High

Activity by State

2 states, districts, and territories with activity

#
1MN2$3.3M$1.6M
2SD2$1.6M$780K
Explore 504 loan-level performance as third party lender

Source: SBA lender activity reports, data as of Sep 30, 2026. Historical years reflect fiscal year-end figures and are not restated for subsequent acquisitions or mergers. See data sources & methodology.