The U.S. Small Business Administration South Dakota District Office has honored First National Bank with its Leadership in Lending award for the bank’s commitment to small businesses in the fiscal year ending September 30, 2022.
First National Bank made 12 7(a) loans for $2.8 million. These loans supported 86 jobs across a variety of industries including agriculture, forestry, fishing and hunting, manufacturing, and mining.
“Our bank is dedicated to helping small businesses in South Dakota succeed and we are proud to receive this recognition from SBA South Dakota,” said First National Bank President and CEO, Craig Davis. “Through their loan program, we’ve been able to secure the necessary capital to assist these businesses which in turn strengthens our communities and local economy.”
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