First Dakota National Bak
204th of 889 lenders by loans funded, 20241
Short‑term investment‑property lender, active across South Dakota, Minnesota, Iowa and 2 more states.
- Source
- 2024 verified records
- Pulled
- Sep 1, 2026
- LEI
- 549300T1ONVEMLQ4B629
- Excluded
- 43 longer‑term (DSCR) loans
- Website
- Not yet verified
- Claim
- Work here? Claim this profile
Loans funded292024, terms of 36 months or less
Principal originated$10M2024, at origination
Median note rate28.75%4 counties reporting
Counties135 states
Where the money went
South Dakota carried 69.0% of the year's loans. Every county with activity is in the ledger below.
Every county
Ranked by loans funded in 2024. Each links to the county's full lender directory.
| # | County | Loans | Median rate2 | |
|---|---|---|---|---|
| 01 | Minnehaha County, SD | 6 | 8.50% | |
| 02 | Davison County, SD | 5 | 9.50% | |
| 03 | Hughes County, SD | 5 | 8.15% | |
| 04 | Lincoln County, SD | 3 | 8.75% | |
| 05 | Lyon County, MN | 2 | — | |
| 06 | Dickinson County, IA | 1 | — | |
| 07 | Douglas County, WI | 1 | — | |
| 08 | Faribault County, MN | 1 | — | |
| 09 | Hyde County, SD | 1 | — | |
| 10 | Lyon County, IA | 1 | — | |
| 11 | Martin County, MN | 1 | — | |
| 12 | San Diego County, CA | 1 | — | |
| 13 | Watonwan County, MN | 1 | — | |
| Total | 29 | 8.75%lender median |
- 1Loans are originated, business-purpose loans on investment properties with terms of 36 months or less, from 2024 verified public lending records. Counts are per county of the secured property; activity below public reporting thresholds may not appear. Ranking is by loans funded among every lender on record; it is not an endorsement, and placement is never paid.
- 2Rates are per-county medians of disclosed note rates; the lender-wide figure is the median of those. “vs. lender” is the county median less the lender median, in percentage points; differences under 0.25 points are set in grey.