First Western Bank & Trust approved 68 SBA loans worth $18.1M between October 2021 and June 2026, ranking #456 of 2,283 SBA lenders nationally by loan count. Its median loan was $170,000, and 28% went to startups or businesses under two years old. It lent in 2 states, most often in Minnesota, and its most financed industry was professional and technical services.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Minnesota | 44 | $11.9M | $178,900 | #42 |
| North Dakota | 24 | $6.2M | $161,750 | #10 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Professional and technical services | 14 | $75,000 | |
| Other services (repair, personal care) | 12 | $257,500 | |
| Restaurants and hotels | 9 | $304,000 | |
| Health care and social assistance | 6 | $136,750 | |
| Retail | 6 | $207,500 | |
| Administrative and support services | 5 | $175,000 | |
| Construction | 5 | $150,000 | |
| Wholesale trade | 5 | $250,000 | |
| Manufacturing | 3 | $250,000 | |
| Real estate and rental | 3 | $50,000 |