# The First National Bank in Sioux Falls (SBA lending)

South Dakota's edge, with the microloan lane.

South Dakota's narrow leader in the FOIA loan file, two loans ahead of the next desk. It is a Sioux Falls national bank whose SBA page runs the 7(a), the 504, and the Microloan program side by side, with the stated posture of flexible terms for businesses that may not meet traditional lending guidelines.

- Category: SBA & Acquisition Lenders
- Pricing model: Custom Pricing
- Where it fits: Set Up & Fund the Search, Diligence & Close the Deal
- Website: https://www.fnbsf.com/business/loans/small-business-loans/

## At a Glance

The honest South Dakota read is a three-desk race this bank currently edges: start here for the posture its page actually states, meet the others if the deal allows, and carry a published-terms quote since none of the three names a rate.

## What It Costs

Loan products; no fee to engage. The page publishes the programs and the posture rather than rates: 504, 7(a), and Microloan offered together, for flexible terms that may not meet traditional lending guidelines in its own words. The FOIA loan file puts it first in South Dakota's change-of-ownership table with 19 loans across the file's six years, narrowly over First Bank & Trust's 17 and First Interstate's 16, a lead reported as the close race it is.

## Best For

Buyers of South Dakota businesses who want the state's most active desk, with the microloan lane in reach for the smallest add-on needs

## Pros and Cons

- Pro: First in South Dakota's [change-of-ownership](https://searchspheresource.com/glossary/change-of-ownership) table in the FOIA loan file, narrowly over two close rivals
- Pro: Runs the Microloan program beside the [7(a)](https://searchspheresource.com/glossary/sba-7a) and 504, a lane most acquisition desks skip
- Pro: States the flexible-terms posture for deals outside traditional guidelines on its own page
- Pro: A Sioux Falls national bank with a local commercial team as the path in
- Con: The state lead is two loans over one rival and three over another; South Dakota is a close race
- Con: No published rates, maximums, or timelines
- Con: A South Dakota footprint; a deal elsewhere is a different conversation
- Con: No [searcher](https://searchspheresource.com/glossary/searcher)-community footprint to weigh against its own claims

## What Searchers Say

The three programs and the flexible-terms posture are its own page's. The FOIA loan file independently places it first in South Dakota's change-of-ownership table by two loans over First Bank & Trust and three over First Interstate, reported here as the close race it is.

## Sources

- https://www.fnbsf.com/business/loans/small-business-loans/
- https://searchspheresource.com/data/acquisition-lending

Also on this site: https://searchspheresource.com/resources/category/lender.md
Source: https://searchspheresource.com/resources/fnb-sioux-falls
Last checked: 2026-08-08

Site index for machines: https://searchspheresource.com/llms.txt