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First United Bank
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First United Bank — SBA Loan Activity
Public SBA 7(a) and 504 lending activity for First United Bank.
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Overview
Recent loans
Industries
Geography
7(a) vs 504
Total SBA loans
125
2010 – 2025
Approved $
$20.6M
across all programs
Avg loan size
$165K
median $85K
Top industry
Custom Computer Programming Services
7 loans · 6%
7(a) vs 504
BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
125
Approved
$20.6M
Avg size
$165K
Range
$15K – $5.0M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—
Top industries funded
See all industries
Custom Computer Programming Services
7
Full-Service Restaurants
7
Wood Container and Pallet Manufacturing
6
Machine Shops
4
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
3
General Automotive Repair
3
Loan records · First United Bank
125 records
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Sort:
Amount
Date
Per job
Borrower
Location
Approved
descending
Per job
Program
Industry
Date
Paul Suda Farms Inc.
First United Bank
Grafton, ND
58237
$5,000,000
$625K
7(a)
Potato Farming
2021-06-22
JOE LAMB OIL & SUPPLY, INC.
First United Bank
Michigan, ND
58259
$675,000
—
7(a)
—
1994-12-16
WISCONSIN OC MANAGEMENT
First United Bank
Fargo, ND
58104
$584,000
—
7(a)
Limited-Service Restaurants
2002-08-21
SIDE STREET GRILLE & PUB
First United Bank
Fargo, ND
58104
$550,000
—
7(a)
Full-Service Restaurants
2004-01-30
KERN FAMILY DENTISTRY, P.C.
First United Bank
Grafton, ND
58237
$400,000
—
7(a)
Offices of Dentists
2006-05-30
HDV, INC.
First United Bank
Fargo, ND
58103
$351,000
—
7(a)
—
1992-04-01
STRATA COM., INC.
First United Bank
Fargo, ND
58103
$350,000
—
7(a)
Custom Computer Programming Services
2004-03-22
STRATACOM, INC.
First United Bank
Fargo, ND
58102
$350,000
—
7(a)
Custom Computer Programming Services
2003-03-27
MICHIGAN AMOCO, LLC
First United Bank
Michigan, ND
58259
$335,000
—
7(a)
—
2000-02-07
VTS, INC.
First United Bank
Grand Forks, ND
58201
$300,000
—
7(a)
Other Commercial and Service Industry Machinery Manufacturing
2003-12-12
AMERICAN BUILDERS
First United Bank
Fargo, ND
58103
$300,000
$20K
7(a)
Commercial and Institutional Building Construction
2006-05-08
AMERICAN BUILDERS
First United Bank
Fargo, ND
58103
$300,000
$20K
7(a)
Commercial and Institutional Building Construction
2005-04-12
DT&J, Inc.
First United Bank
West Fargo, ND
58078
$300,000
$100K
7(a)
Laboratory Apparatus and Furniture Manufacturing
2007-05-11
Litton Enterprises, LLC
First United Bank
Fargo, ND
58103
$300,000
$38K
7(a)
Drinking Places (Alcoholic Beverages)
2006-11-22
GOLDEN VALLEY RANCH, LLP
First United Bank
Mayville, ND
58257
$285,000
—
7(a)
Recreational and Vacation Camps (except Campgrounds)
2001-06-11
BYGLAND MACHINE WORKS, INC.
First United Bank
West Fargo, ND
58078
$255,000
—
7(a)
Machine Shops
2003-05-23
LURA ENTERPRISES INC
First United Bank
West Fargo, ND
58078
$250,000
$125K
7(a)
Precision Turned Product Manufacturing
2005-09-09
STRATACOM, INC.
First United Bank
Fargo, ND
58102
$250,000
—
7(a)
Custom Computer Programming Services
2001-12-04
NurseVision, PLLC
First United Bank
Grand Forks, ND
58201
$248,900
$62K
7(a)
All Other Health and Personal Care Retailers
2024-03-20
DELORME AND ASSOCIATES, INC.
First United Bank
Fargo, ND
56560
$217,000
—
7(a)
Computer and Software Stores
2004-04-23
FURNITURE RESTORATION SERV.INC
First United Bank
West Fargo, ND
58078
$216,400
—
7(a)
Reupholstery and Furniture Repair
2004-01-20
S.D.B. BREAD BUSINESS, LLC
First United Bank
Fargo, ND
58104
$215,000
$31K
7(a)
Commercial Bakeries
2005-05-18
Randall S & Patricia J Moore DBA Moore Designs
First United Bank
Kindred, ND
58051
$204,000
$102K
7(a)
All Other Miscellaneous Wood Product Manufacturing
2006-08-15
NORTH COUNTRY CAR WASH, INC.
First United Bank
Devils Lake, ND
58301
$200,000
—
7(a)
Car Washes
1992-06-18
Kringstad Ironworks, Inc.
First United Bank
Hoople, ND
58243
$200,000
—
7(a)
Machine Shops
2006-07-05
Paul Suda Farms Inc.
Grafton, ND · 58237
$5,000,000
7(a)
First United Bank
$625K/job · 2021-06-22
JOE LAMB OIL & SUPPLY, INC.
Michigan, ND · 58259
$675,000
7(a)
First United Bank
1994-12-16
WISCONSIN OC MANAGEMENT
Fargo, ND · 58104
$584,000
7(a)
First United Bank
2002-08-21
SIDE STREET GRILLE & PUB
Fargo, ND · 58104
$550,000
7(a)
First United Bank
2004-01-30
KERN FAMILY DENTISTRY, P.C.
Grafton, ND · 58237
$400,000
7(a)
First United Bank
2006-05-30
HDV, INC.
Fargo, ND · 58103
$351,000
7(a)
First United Bank
1992-04-01
STRATA COM., INC.
Fargo, ND · 58103
$350,000
7(a)
First United Bank
2004-03-22
STRATACOM, INC.
Fargo, ND · 58102
$350,000
7(a)
First United Bank
2003-03-27
MICHIGAN AMOCO, LLC
Michigan, ND · 58259
$335,000
7(a)
First United Bank
2000-02-07
VTS, INC.
Grand Forks, ND · 58201
$300,000
7(a)
First United Bank
2003-12-12
AMERICAN BUILDERS
Fargo, ND · 58103
$300,000
7(a)
First United Bank
$20K/job · 2006-05-08
AMERICAN BUILDERS
Fargo, ND · 58103
$300,000
7(a)
First United Bank
$20K/job · 2005-04-12
DT&J, Inc.
West Fargo, ND · 58078
$300,000
7(a)
First United Bank
$100K/job · 2007-05-11
Litton Enterprises, LLC
Fargo, ND · 58103
$300,000
7(a)
First United Bank
$38K/job · 2006-11-22
GOLDEN VALLEY RANCH, LLP
Mayville, ND · 58257
$285,000
7(a)
First United Bank
2001-06-11
BYGLAND MACHINE WORKS, INC.
West Fargo, ND · 58078
$255,000
7(a)
First United Bank
2003-05-23
LURA ENTERPRISES INC
West Fargo, ND · 58078
$250,000
7(a)
First United Bank
$125K/job · 2005-09-09
STRATACOM, INC.
Fargo, ND · 58102
$250,000
7(a)
First United Bank
2001-12-04
NurseVision, PLLC
Grand Forks, ND · 58201
$248,900
7(a)
First United Bank
$62K/job · 2024-03-20
DELORME AND ASSOCIATES, INC.
Fargo, ND · 56560
$217,000
7(a)
First United Bank
2004-04-23
FURNITURE RESTORATION SERV.INC
West Fargo, ND · 58078
$216,400
7(a)
First United Bank
2004-01-20
S.D.B. BREAD BUSINESS, LLC
Fargo, ND · 58104
$215,000
7(a)
First United Bank
$31K/job · 2005-05-18
Randall S & Patricia J Moore DBA Moore Designs
Kindred, ND · 58051
$204,000
7(a)
First United Bank
$102K/job · 2006-08-15
NORTH COUNTRY CAR WASH, INC.
Devils Lake, ND · 58301
$200,000
7(a)
First United Bank
1992-06-18
Kringstad Ironworks, Inc.
Hoople, ND · 58243
$200,000
7(a)
First United Bank
2006-07-05
1–25 of 125
Page 1 of 5
Where First United Bank lends
APPROVAL CONCENTRATION
TOP STATES
ND
121
MN
3
SD
1