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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
Oct 1, 2026
LEI
549300T1ONVEMLQ4B629
Excluded
43 longer‑term (DSCR) loans
Website
Not yet verified
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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.

SDMNIAMinnehahaDavisonHughes
Counties, one mark each, area scaled to loans:15loans in a countythe three busiest countiesstates with loansthe three lead states

Every county

Ranked by loans funded in 2024. Each links to the county's full lender directory.

#CountyLoansMedian rate2
01Minnehaha County, SD68.50%
02Davison County, SD59.50%
03Hughes County, SD58.15%
04Lincoln County, SD38.75%
05Lyon County, MN2—
06Dickinson County, IA1—
07Douglas County, WI1—
08Faribault County, MN1—
09Hyde County, SD1—
10Lyon County, IA1—
11Martin County, MN1—
12San Diego County, CA1—
13Watonwan County, MN1—
Total298.75%lender median
  1. 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.
  2. 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.