SBA 7(a) lenders in Anoka, MN

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

136 institutions have SBA 7(a) loans on record in Anoka, together $721.7M across 1,886 loans. U.S. Bank, National Association is the largest, with 9% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	U.S. Bank, National Association	343	$68.4M	9.5%	0.40%
2	Old National Bank	111	$66.0M	9.1%	0.00%
3	21st Century Bank	135	$55.6M	7.7%	0.92%
4	Wells Fargo Bank National Association	194	$42.2M	5.8%	3.01%
5	Village Bank	70	$39.0M	5.4%	0.08%
6	Live Oak Banking Company	18	$30.7M	4.3%	0.00%
7	BankVista	57	$30.3M	4.2%	0.77%
8	Platinum Bank	38	$27.8M	3.9%	0.00%
9	Northeast Bank	62	$26.6M	3.7%	0.00%
10	The Bank of Elk River	33	$26.1M	3.6%	0.00%
11	Choice Financial Group	34	$14.6M	2.0%	0.52%
12	Falcon National Bank	28	$14.3M	2.0%	0.00%
13	First Bank & Trust	16	$13.4M	1.9%	0.00%
14	Sunrise Banks National Association	38	$12.8M	1.8%	2.11%
15	Granite Bank	49	$11.1M	1.5%	0.03%
16	Nicolet National Bank	24	$11.0M	1.5%	0.00%
17	The Huntington National Bank	62	$10.3M	1.4%	0.00%
18	Newtek Bank, National Association	5	$9.3M	1.3%	0.00%
19	MidCountry Bank	5	$9.3M	1.3%	14.60%
20	Alerus Financial, National Association	7	$9.2M	1.3%	0.00%
21	Bravera Bank	39	$7.4M	1.0%	5.14%
22	BMO Bank National Association	11	$7.2M	1.0%	0.00%
23	First Resource Bank	15	$6.9M	1.0%	0.87%
24	Associated Bank National Association	25	$6.4M	0.9%	3.20%
25	Frandsen Bank and Trust	17	$6.2M	0.9%	0.00%
26	Stearns Bank National Association	12	$5.9M	0.8%	1.21%
27	Sentry Bank	11	$5.8M	0.8%	17.14%
28	Security Bank & Trust Company	15	$5.2M	0.7%	13.33%
29	Minnwest Bank	13	$5.0M	0.7%	1.63%
30	Lake Elmo Bank	1	$5.0M	0.7%	0.00%
31	Prime Security Bank	6	$5.0M	0.7%	0.00%
32	Hiawatha National Bank	13	$4.8M	0.7%	0.00%
33	Woodlands National Bank	10	$4.1M	0.6%	0.77%
34	IncredibleBank	2	$3.9M	0.5%	0.00%
35	Border Bank	5	$3.8M	0.5%	0.00%
36	Byline Bank	6	$3.7M	0.5%	0.00%
37	First Bank Elk River	18	$3.6M	0.5%	11.62%
38	Community Resource Bank	11	$3.6M	0.5%	2.81%
39	Bridgewater Bank	3	$3.5M	0.5%	2.27%
40	Highland Bank	14	$3.4M	0.5%	0.00%
41	United Midwest Savings Bank National Association	9	$3.3M	0.5%	0.00%
42	Millennium Bank	3	$3.3M	0.5%	0.00%
43	Citizens Bank	3	$3.2M	0.4%	0.00%
44	BayFirst National Bank	7	$3.1M	0.4%	0.00%
45	Luminate Bank	6	$3.0M	0.4%	0.00%
46	TowneBank	1	$3.0M	0.4%	0.00%
47	22nd State Bank, A Division of 22nd State Banking Company	1	$3.0M	0.4%	0.00%
48	Beacon Bank and Trust	2	$2.9M	0.4%	86.39%
49	Coulee Bank	5	$2.8M	0.4%	25.79%
50	BankCherokee	17	$2.7M	0.4%	0.80%
51	EntreBank	4	$2.6M	0.4%	0.00%
52	UMB Bank, National Association	10	$2.5M	0.3%	4.93%
53	Newtek Small Business Finance, Inc.	5	$2.5M	0.3%	0.00%
54	CRF Small Business Loan Company, LLC	7	$2.4M	0.3%	21.28%
55	BankUnited, National Association	3	$2.2M	0.3%	0.00%
56	North American Banking Company	7	$2.2M	0.3%	0.00%
57	Northeast Bank	17	$2.1M	0.3%	3.07%
58	CorTrust Bank National Association	12	$2.1M	0.3%	0.00%
59	BANKWEST	2	$1.9M	0.3%	0.00%
60	VisionBank	4	$1.7M	0.2%	0.00%
61	Drake Bank	10	$1.7M	0.2%	0.00%
62	Readycap Lending, LLC	7	$1.6M	0.2%	9.04%
63	First Interstate Bank	1	$1.6M	0.2%	0.00%
64	Centerstone SBA Lending, Inc.	1	$1.5M	0.2%	0.00%
65	Sherburne State Bank	3	$1.5M	0.2%	0.00%
66	Pathward National Association	1	$1.4M	0.2%	0.00%
67	Premier Bank	15	$1.4M	0.2%	0.00%
68	Scale Bank	6	$1.3M	0.2%	0.00%
69	Bank Five Nine	3	$1.3M	0.2%	40.16%
70	Alliance Bank	3	$1.3M	0.2%	13.08%
71	HomeTrust Bank	2	$1.2M	0.2%	0.00%
72	Magnifi Financial CU	8	$1.2M	0.2%	1.60%
73	First State Bank and Trust	3	$1.1M	0.2%	0.00%
74	Summit Community Bank	3	$1.0M	0.1%	0.00%
75	First Internet Bank of Indiana	1	$936K	0.1%	0.00%
76	CCFBank National Association	1	$912K	0.1%	0.00%
77	Farmers and Merchants Savings Bank	2	$902K	0.1%	0.00%
78	Pine River State Bank	9	$864K	0.1%	0.00%
79	City & County CU	4	$849K	0.1%	0.00%
80	Harvest Small Business Finance, LLC	2	$826K	0.1%	0.00%
81	Merchants Bank, National Association	7	$809K	0.1%	5.62%
82	Royal Credit Union	1	$736K	0.1%	0.00%
83	First Merchants Bank	1	$732K	0.1%	0.00%
84	VelocitySBA, LLC	7	$682K	0.1%	3.94%
85	Deerwood Bank	3	$655K	0.1%	0.00%
86	The Bancorp Bank National Association	1	$650K	0.1%	0.00%
87	Blaze Credit Union	2	$637K	0.1%	13.16%
88	Celtic Bank Corporation	6	$570K	0.1%	22.60%
89	Peoples State Bank of Plainview	1	$552K	0.1%	0.00%
90	Genesis Bank	1	$515K	0.1%	0.00%
91	First Western Bank & Trust	1	$500K	0.1%	0.00%
92	Lake Region Bank	1	$495K	0.1%	0.00%
93	Pioneer Bank	5	$490K	0.1%	0.00%
94	Seacoast National Bank	2	$465K	0.1%	0.00%
95	Summit CU	1	$463K	0.1%	0.00%
96	First Financial Bank	1	$380K	0.1%	0.00%
97	Third Coast Bank	1	$378K	0.1%	0.00%
98	Security Bank Midwest	1	$350K	0.0%	0.00%
99	RiverWood Bank	1	$350K	0.0%	0.00%
100	Commerce Bank	1	$350K	0.0%	0.00%
101	Gateway Bank	2	$350K	0.0%	0.00%
102	Americana Community Bank	2	$350K	0.0%	0.00%
103	Happen Bank	1	$325K	0.0%	0.00%
104	Affinity Plus FCU	3	$317K	0.0%	0.00%
105	Bell Bank	3	$299K	0.0%	0.00%
106	Metropolitan Economic Development Association	3	$295K	0.0%	0.00%
107	Unity Bank	5	$263K	0.0%	0.00%
108	Neighborhood National Bank	2	$223K	0.0%	0.00%
109	Premier Bank Minnesota	2	$216K	0.0%	0.00%
110	TruStone Financial CU	2	$210K	0.0%	0.00%
111	Security Bank Minnesota	2	$200K	0.0%	0.00%
112	Accion Opportunity Fund Community Development	1	$200K	0.0%	0.00%
113	Kensington Bank	1	$184K	0.0%	0.00%
114	Wings Credit Union	1	$156K	0.0%	89.27%
115	First Citizens Bank	3	$155K	0.0%	0.00%
116	CenTrust Bank, A Division of SmartBiz Bank National Association	1	$150K	0.0%	0.00%
117	Reliance Bank	1	$150K	0.0%	0.00%
118	First Bank of the Lake	1	$137K	0.0%	0.00%
119	Lakeview Bank	1	$125K	0.0%	0.00%
120	Independence Bank	1	$125K	0.0%	0.00%
121	TopLine Financial Credit Union	1	$120K	0.0%	0.00%
122	Farmers and Merchants State Bank of Pierz	1	$100K	0.0%	0.00%
123	First National Community Bank	2	$90K	0.0%	0.00%
124	The First National Bank of Milaca	1	$77K	0.0%	0.00%
125	City National Bank of Florida	1	$63K	0.0%	0.00%
126	Great Southern Bank	1	$59K	0.0%	0.00%
127	American Heritage National Bank	1	$50K	0.0%	0.00%
128	Altra Federal Credit Union	1	$50K	0.0%	0.00%
129	MY CU	1	$50K	0.0%	0.00%
130	African Development Center	1	$50K	0.0%	0.00%
131	Members Cooperative Credit Union	1	$50K	0.0%	0.00%
132	Capital One National Association	1	$35K	0.0%	0.00%
133	Minnesota Lakes Bank	1	$30K	0.0%	0.00%
134	Profinium Inc	1	$30K	0.0%	0.00%
135	Park State Bank	1	$30K	0.0%	0.00%
136	North Star Bank	1	$25K	0.0%	0.00%

Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.

What the money went into

Rank	Industry	Loans	Approved	Share of county
1	Manufacturing	244	$144.8M	20.1%
2	Construction	332	$94.5M	13.1%
3	Accommodation & food services	158	$62.8M	8.7%
4	Retail trade	137	$58.2M	8.1%
5	Health care & social assistance	141	$44.7M	6.2%
6	Other services	170	$43.9M	6.1%
7	Manufacturing	57	$41.2M	5.7%
8	Wholesale trade	83	$39.3M	5.4%
9	Transportation & warehousing	101	$32.9M	4.6%
10	Arts, entertainment & recreation	63	$29.2M	4.0%
11	Professional & technical services	114	$28.3M	3.9%
12	Administrative & waste services	89	$24.6M	3.4%
13	Retail trade	76	$22.4M	3.1%
14	Real estate & leasing	42	$21.5M	3.0%
15	Finance & insurance	26	$13.6M	1.9%
16	Agriculture, forestry & fishing	7	$6.2M	0.9%
17	Transportation & warehousing	8	$4.0M	0.6%
18	Educational services	10	$3.3M	0.5%
19	Manufacturing	13	$2.7M	0.4%
20	Information	11	$2.0M	0.3%
21	Management of companies	1	$950K	0.1%
22	Utilities	3	$519K	0.1%

Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.

About this data

Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.