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First State Bank — SBA Loan Activity

Public SBA 7(a) and 504 lending activity for First State Bank.

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Overview Recent loans Industries Geography 7(a) vs 504

Total SBA loans

2010 – 2025

Approved $

$15.8M

across all programs

Avg loan size

$278K

median $117K

Top industry

Industrial Machinery and Equipment Wholesalers

4 loans · 7%

7(a) vs 504

BY APPROVAL COUNT

7(a) · 100%

SBA 7(a)

Loans

Approved

$15.8M

Avg size

$278K

Range

$13K – $1.9M

SBA 504

Loans

Approved

Avg size

Range

—

Top industries funded

See all industries

Industrial Machinery and Equipment Wholesalers

"Crop Harvesting, Primarily by Machine"

All Other Specialty Trade Contractors

Broadwoven Fabric Mills

Farm Product Warehousing and Storage

Full-Service Restaurants

Loan records · First State Bank

57 records

Sort:

Borrower

Location

Program

Industry

RCCB LLC First State Bank

Williston, ND

58801

$1,882,300

$59K

7(a)

All Other Specialty Trade Contractors

2025-07-09

RCCB, LLC First State Bank

Williston, ND

58801

$1,882,300

$45K

7(a)

All Other Specialty Trade Contractors

2025-08-13

O'Brien Seed Inc.First State Bank

Mayville, ND

58257

$1,500,000

$47K

7(a)

Other Oilseed Processing

2011-03-04

O'Brien Seed Inc.First State Bank

Mayville, ND

58257

$1,400,000

—

7(a)

Grain and Field Bean Merchant Wholesalers

2005-09-23

O'Brien Seed Inc.First State Bank

Mayville, ND

58257

$1,400,000

—

7(a)

Postharvest Crop Activities (except Cotton Ginning)

2004-08-23

O'Brien Seed Inc.First State Bank

Mayville, ND

58257

$1,000,000

$125K

7(a)

Roasted Nuts and Peanut Butter Manufacturing

2014-08-12

Hudsun Wellness LLC First State Bank

Grand Forks, ND

58201

$460,000

$33K

7(a)

Fitness and Recreational Sports Centers

2024-09-10

O'Brien Seed Inc.First State Bank

Mayville, ND

58257

$425,000

$43K

7(a)

Other Oilseed Processing

2007-11-07

O'Brien Seed Inc.First State Bank

Mayville, ND

58257

$360,000

—

7(a)

Grain and Field Bean Wholesalers

1999-03-12

Michael Rexine, OD, PC First State Bank

Mayville, ND

58257

$350,000

$88K

7(a)

Offices of Optometrists

2009-11-18

PAULA'S First State Bank

Mayville, ND

58257

$320,000

—

7(a)

Full-Service Restaurants

2007-03-16

O'Brien Seed Inc.First State Bank

Portland, ND

58257

$300,000

—

7(a)

Postharvest Crop Activities (except Cotton Ginning)

2003-04-25

MAYPORT POLARIS First State Bank

Portland, ND

58274

$225,000

—

7(a)

All Other Motor Vehicle Dealers

2002-03-22

O'Brien Seed Inc.First State Bank

Mayville, ND

58257

$204,000

—

7(a)

Industrial Machinery and Equipment Wholesalers

1999-06-25

O'Brien Seed Inc.First State Bank

Mayville, ND

58257

$200,000

—

7(a)

Farm Product Warehousing and Storage

2000-12-07

PAULA'S RESTAURANT First State Bank

Mayville, ND

58257

$187,500

—

7(a)

Full-Service Restaurants

2003-07-03

Firefly LLC First State Bank

Portland, ND

58274

$175,000

—

7(a)

Broadwoven Fabric Mills

2006-03-31

CUSTOM ENTERPRISES First State Bank

Hatton, ND

58240

$160,000

—

7(a)

Manufacturing and Industrial Building Construction

2001-04-02

Firefly LLC First State Bank

Mayville, ND

58257

$150,000

$19K

7(a)

"Sewing, Needlework, and Piece Goods Stores"

2011-02-15

O'Brien Seed Inc.First State Bank

Mayville, ND

58274

$150,000

—

7(a)

—

1998-07-27

O'Brien Seed Inc.First State Bank

Mayville, ND

58257

$150,000

—

7(a)

Industrial Machinery and Equipment Wholesalers

1999-10-20

O'Brien Seed Inc.First State Bank

Mayville, ND

58257

$150,000

—

7(a)

Industrial Machinery and Equipment Wholesalers

2000-02-15

NORSEMAN TIRE & SERVICE CENTER First State Bank

Mayville, ND

58257

$144,650

$48K

7(a)

Tire Dealers

2008-06-02

CHEYENNE VALUE AND MACHINE First State Bank

Grand Forks, ND

58201

$140,500

—

7(a)

Machine Shops

2002-07-30

Michael Saurdiff, LLC First State Bank

Grand Forks, ND

58201

$140,000

$10K

7(a)

Limited-Service Restaurants

2023-08-29

RCCB LLC

Williston, ND · 58801

$1,882,300

7(a)

First State Bank$59K/job · 2025-07-09

RCCB, LLC

Williston, ND · 58801

$1,882,300

7(a)

First State Bank$45K/job · 2025-08-13

First State Bank$47K/job · 2011-03-04

First State Bank2005-09-23

First State Bank2004-08-23

First State Bank$125K/job · 2014-08-12

Hudsun Wellness LLC

Grand Forks, ND · 58201

$460,000

7(a)

First State Bank$33K/job · 2024-09-10

First State Bank$43K/job · 2007-11-07

First State Bank1999-03-12

Michael Rexine, OD, PC

Mayville, ND · 58257

$350,000

7(a)

First State Bank$88K/job · 2009-11-18

First State Bank2007-03-16

First State Bank2003-04-25

First State Bank2002-03-22

First State Bank1999-06-25

First State Bank2000-12-07

First State Bank2003-07-03

First State Bank2006-03-31

First State Bank2001-04-02

First State Bank$19K/job · 2011-02-15

First State Bank1998-07-27

First State Bank1999-10-20

First State Bank2000-02-15

NORSEMAN TIRE & SERVICE CENTER

Mayville, ND · 58257

$144,650

7(a)

First State Bank$48K/job · 2008-06-02

CHEYENNE VALUE AND MACHINE

Grand Forks, ND · 58201

$140,500

7(a)

First State Bank2002-07-30

Michael Saurdiff, LLC

Grand Forks, ND · 58201

$140,000

7(a)

First State Bank$10K/job · 2023-08-29

1–25 of 57

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Where First State Bank lends

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