SBA 7(a) lenders in Becker, MN

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

Lenders

35 institutions have SBA 7(a) loans on record in Becker, together $27.3M across 122 loans. Old National Bank is the largest, with 17% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Old National Bank	22	$4.8M	17.5%	0.00%
2	Midwest Bank	23	$4.1M	14.9%	0.00%
3	First Western Bank & Trust	4	$3.0M	10.9%	0.00%
4	Deerwood Bank	6	$2.6M	9.4%	0.00%
5	Bell Bank	6	$1.2M	4.5%	0.00%
6	Aspire Bank	3	$1.1M	3.9%	0.00%
7	Heritage Bank, National Association	1	$940K	3.4%	0.00%
8	Thayer County Bank	1	$929K	3.4%	0.00%
9	U.S. Bank, National Association	6	$928K	3.4%	0.00%
10	Wells Fargo Bank National Association	4	$919K	3.4%	0.00%
11	Ultima Bank Minnesota	2	$850K	3.1%	0.00%
12	United Community Bank	8	$604K	2.2%	0.00%
13	Frandsen Bank and Trust	1	$535K	2.0%	0.00%
14	Northwestern Bank, National Association	3	$479K	1.8%	0.00%
15	BayFirst National Bank	2	$420K	1.5%	0.00%
16	PNC Bank, National Association	1	$399K	1.5%	0.00%
17	The Citizens National Bank of Park Rapids	4	$399K	1.5%	0.00%
18	First Internet Bank of Indiana	1	$350K	1.3%	0.00%
19	Northeast Bank	1	$350K	1.3%	0.00%
20	James Polk Stone Community Bank	1	$325K	1.2%	0.00%
21	First Security Bank-Sleepy Eye	2	$302K	1.1%	0.00%
22	RiverWood Bank	1	$235K	0.9%	0.00%
23	My Kind of Bank National Association	2	$225K	0.8%	0.00%
24	Cornerstone Bank	2	$206K	0.8%	0.00%
25	Five Star Bank	1	$205K	0.8%	0.00%
26	Heritage Bank Inc	1	$150K	0.6%	99.55%
27	American National Bank of Minnesota	1	$150K	0.6%	0.00%
28	Celtic Bank Corporation	1	$150K	0.6%	0.00%
29	Mid Minnesota Federal Credit Union	3	$131K	0.5%	0.00%
30	Community First Bank	1	$118K	0.4%	0.00%
31	Northwoods Bank of Minnesota	1	$100K	0.4%	0.00%
32	Farmers and Merchants State Bank of New York Mills Incorporated	1	$75K	0.3%	0.00%
33	Bravera Bank	2	$65K	0.2%	0.00%
34	State Bank of Lake Park	2	$62K	0.2%	0.00%
35	Red River State Bank	1	$20K	0.1%	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	Retail trade	18	$4.3M	15.7%
2	Accommodation & food services	17	$4.1M	15.1%
3	Manufacturing	7	$3.3M	12.1%
4	Real estate & leasing	6	$2.4M	8.9%
5	Retail trade	8	$2.2M	8.0%
6	Construction	16	$1.9M	6.9%
7	Transportation & warehousing	7	$1.7M	6.2%
8	Professional & technical services	7	$1.6M	6.0%
9	Agriculture, forestry & fishing	5	$1.4M	5.0%
10	Wholesale trade	7	$1.3M	4.9%
11	Administrative & waste services	7	$992K	3.6%
12	Health care & social assistance	4	$703K	2.6%
13	Manufacturing	4	$690K	2.5%
14	Manufacturing	4	$553K	2.0%
15	Arts, entertainment & recreation	2	$116K	0.4%
16	Finance & insurance	2	$49K	0.2%
17	Other services	1	$15K	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.