SBA 7(a) lenders in Anoka, MN

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

Lenders

137 institutions have SBA 7(a) loans on record in Anoka, together $747.9M across 1,916 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	347	$70.1M	9.4%	0.40%
2	Old National Bank	111	$66.0M	8.8%	0.00%
3	21st Century Bank	138	$56.8M	7.6%	0.90%
4	Wells Fargo Bank National Association	198	$51.0M	6.8%	2.52%
5	Village Bank	71	$39.4M	5.3%	0.08%
6	BankVista	59	$31.2M	4.2%	0.75%
7	Live Oak Banking Company	18	$30.7M	4.1%	0.00%
8	Platinum Bank	39	$28.3M	3.8%	0.00%
9	Northeast Bank	62	$26.6M	3.6%	0.00%
10	The Bank of Elk River	33	$26.1M	3.5%	0.00%
11	Choice Financial Group	36	$21.3M	2.8%	0.36%
12	Falcon National Bank	29	$14.7M	2.0%	0.00%
13	First Bank & Trust	16	$13.4M	1.8%	0.00%
14	Sunrise Banks National Association	40	$13.1M	1.8%	2.05%
15	Granite Bank	50	$11.2M	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	1.2%	0.00%
19	MidCountry Bank	5	$9.3M	1.2%	14.60%
20	Alerus Financial, National Association	7	$9.2M	1.2%	0.00%
21	First Resource Bank	17	$8.3M	1.1%	0.72%
22	Bravera Bank	39	$7.4M	1.0%	5.14%
23	BMO Bank National Association	11	$7.2M	1.0%	0.00%
24	Associated Bank National Association	25	$6.4M	0.9%	3.20%
25	Frandsen Bank and Trust	17	$6.2M	0.8%	0.00%
26	Security Bank & Trust Company	17	$6.1M	0.8%	11.36%
27	Stearns Bank National Association	12	$5.9M	0.8%	1.21%
28	Sentry Bank	11	$5.8M	0.8%	17.14%
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	0.6%	0.00%
33	Woodlands National Bank	10	$4.1M	0.5%	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	0.4%	0.00%
42	Millennium Bank	3	$3.3M	0.4%	0.00%
43	Citizens Bank	3	$3.2M	0.4%	0.00%
44	BayFirst National Bank	7	$3.1M	0.4%	0.00%
45	BANKWEST	3	$3.1M	0.4%	0.00%
46	Luminate Bank	6	$3.0M	0.4%	0.00%
47	TowneBank	1	$3.0M	0.4%	0.00%
48	22nd State Bank, A Division of 22nd State Banking Company	1	$3.0M	0.4%	0.00%
49	Beacon Bank and Trust	2	$2.9M	0.4%	86.39%
50	Coulee Bank	5	$2.8M	0.4%	25.79%
51	BankCherokee	17	$2.7M	0.4%	0.80%
52	EntreBank	4	$2.6M	0.3%	0.00%
53	UMB Bank, National Association	10	$2.5M	0.3%	4.93%
54	Lender 2057189	5	$2.5M	0.3%	0.00%
55	CRF Small Business Loan Company, LLC	7	$2.4M	0.3%	21.28%
56	North American Banking Company	8	$2.3M	0.3%	0.00%
57	BankUnited, National Association	3	$2.2M	0.3%	0.00%
58	Northeast Bank	17	$2.1M	0.3%	3.07%
59	CorTrust Bank National Association	12	$2.1M	0.3%	0.00%
60	Bell Bank	5	$1.8M	0.2%	0.00%
61	VisionBank	4	$1.7M	0.2%	0.00%
62	Drake Bank	10	$1.7M	0.2%	0.00%
63	Readycap Lending, LLC	7	$1.6M	0.2%	9.04%
64	First Interstate Bank	1	$1.6M	0.2%	0.00%
65	Centerstone SBA Lending, Inc.	1	$1.5M	0.2%	0.00%
66	Sherburne State Bank	3	$1.5M	0.2%	0.00%
67	Pathward National Association	1	$1.4M	0.2%	0.00%
68	Premier Bank	15	$1.4M	0.2%	0.00%
69	Scale Bank	6	$1.3M	0.2%	0.00%
70	Bank Five Nine	3	$1.3M	0.2%	40.16%
71	Alliance Bank	3	$1.3M	0.2%	13.08%
72	HomeTrust Bank	2	$1.2M	0.2%	3.40%
73	Magnifi Financial CU	8	$1.2M	0.2%	1.60%
74	First State Bank and Trust	3	$1.1M	0.2%	0.00%
75	Summit Community Bank	3	$1.0M	0.1%	0.00%
76	First Internet Bank of Indiana	1	$936K	0.1%	0.00%
77	CCFBank National Association	1	$912K	0.1%	0.00%
78	Farmers and Merchants Savings Bank	2	$902K	0.1%	0.00%
79	Pine River State Bank	9	$864K	0.1%	0.00%
80	City & County CU	4	$849K	0.1%	0.00%
81	Harvest Small Business Finance, LLC	2	$826K	0.1%	0.00%
82	Merchants Bank, National Association	7	$809K	0.1%	5.62%
83	Royal Credit Union	1	$736K	0.1%	0.00%
84	First Merchants Bank	1	$732K	0.1%	0.00%
85	VelocitySBA, LLC	7	$682K	0.1%	3.94%
86	Deerwood Bank	3	$655K	0.1%	0.00%
87	The Bancorp Bank National Association	1	$650K	0.1%	0.00%
88	Blaze Credit Union	2	$637K	0.1%	13.16%
89	Celtic Bank Corporation	6	$570K	0.1%	22.60%
90	Peoples State Bank of Plainview	1	$552K	0.1%	0.00%
91	Genesis Bank	1	$515K	0.1%	0.00%
92	First Western Bank & Trust	1	$500K	0.1%	0.00%
93	Lake Region Bank	1	$495K	0.1%	0.00%
94	Pioneer Bank	5	$490K	0.1%	0.00%
95	Seacoast National Bank	2	$465K	0.1%	0.00%
96	Summit CU	1	$463K	0.1%	0.00%
97	First Financial Bank	1	$380K	0.1%	0.00%
98	Third Coast Bank	1	$378K	0.1%	0.00%
99	Commerce Bank	1	$350K	0.0%	0.00%
100	Americana Community Bank	2	$350K	0.0%	0.00%
101	Gateway Bank	2	$350K	0.0%	0.00%
102	RiverWood Bank	1	$350K	0.0%	0.00%
103	Security Bank Midwest	1	$350K	0.0%	0.00%
104	Happen Bank	1	$325K	0.0%	0.00%
105	Affinity Plus FCU	3	$317K	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	Reliance Bank	1	$150K	0.0%	0.00%
117	CenTrust Bank, A Division of SmartBiz Bank National Association	1	$150K	0.0%	0.00%
118	First Bank of the Lake	1	$137K	0.0%	0.00%
119	Independence Bank	1	$125K	0.0%	0.00%
120	Lakeview 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	Lendistry SBLC, LLC	1	$52K	0.0%	0.00%
128	American Heritage National Bank	1	$50K	0.0%	0.00%
129	Altra Federal Credit Union	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	MY CU	1	$50K	0.0%	0.00%
133	Capital One National Association	1	$35K	0.0%	0.00%
134	Minnesota Lakes Bank	1	$30K	0.0%	0.00%
135	Park State Bank	1	$30K	0.0%	0.00%
136	Profinium Inc	1	$30K	0.0%	0.00%
137	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	246	$145.6M	19.5%
2	Construction	333	$94.6M	12.7%
3	Accommodation & food services	164	$72.2M	9.6%
4	Retail trade	138	$58.7M	7.8%
5	Other services	175	$47.0M	6.3%
6	Health care & social assistance	141	$44.7M	6.0%
7	Manufacturing	58	$41.6M	5.6%
8	Wholesale trade	84	$40.3M	5.4%
9	Transportation & warehousing	101	$32.9M	4.4%
10	Arts, entertainment & recreation	64	$30.6M	4.1%
11	Administrative & waste services	91	$30.1M	4.0%
12	Professional & technical services	116	$29.2M	3.9%
13	Retail trade	80	$23.5M	3.1%
14	Real estate & leasing	43	$21.6M	2.9%
15	Finance & insurance	26	$13.6M	1.8%
16	Agriculture, forestry & fishing	7	$6.2M	0.8%
17	Manufacturing	15	$4.7M	0.6%
18	Transportation & warehousing	8	$4.0M	0.5%
19	Educational services	11	$3.3M	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.