SBAPULSE

First Bank & Trust

Headquartered in BROOKINGS, SD

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7(a) Lending

Gross approval amounts

FY2026 YTD Volume

$12.9M

#236 by FY2026 volume

FY2026 YTD Loans

19

$678K avg size

FY2022–FY2026 Volume

$151.8M

FY2022–FY2026 Loans

203

Annual Trend

Approval volume (bars) and loan count (line)

Volume (left axis)Loans (right axis)

Geographic Footprint

Approval volume by project state, FY2026 YTD

Low
High

Activity by State

3 states, districts, and territories with activity

#
1SD12$7.6M$633K
2MN6$3.5M$585K
3IA1$1.8M$1.8M
Explore 7(a) loan-level performance

504 Third Party Lending

First mortgage amounts committed alongside 504 debentures

FY2026 YTD Volume

$4.8M

#331 by FY2026 volume

FY2026 YTD 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 YTD

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 Jun 30, 2026. Historical years reflect fiscal year-end figures and are not restated for subsequent acquisitions or mergers. See data sources & methodology.