SBA 7(a) lenders in Houston, MN
Approvals in SBA fiscal years 2008–2025. Source data as of 2026-06-30.
Lenders
19 institutions have SBA 7(a) loans on record in Houston, together $19.2M across 55 loans. Merchants Bank, National Association is the largest, with 20% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Merchants Bank, National Association | 10 | $3.9M | 20.2% | 0.36% |
| 2 | CCFBank National Association | 1 | $2.8M | 14.6% | 0.00% |
| 3 | Altra Federal Credit Union | 5 | $2.3M | 12.2% | 0.00% |
| 4 | Park Bank National Association | 6 | $2.1M | 10.8% | 2.49% |
| 5 | Alerus Financial, National Association | 5 | $1.9M | 9.9% | 0.00% |
| 6 | Kerndt Brothers Savings Bank | 2 | $1.4M | 7.4% | 0.00% |
| 7 | BankVista | 1 | $1.0M | 5.2% | 0.00% |
| 8 | Bank First, N.A. | 1 | $990K | 5.2% | 0.00% |
| 9 | Citizens State Bank of La Crosse | 5 | $755K | 3.9% | 0.00% |
| 10 | ESB Bank | 3 | $745K | 3.9% | 0.00% |
| 11 | State Bank Financial | 8 | $507K | 2.6% | 0.00% |
| 12 | First Southeast Bank | 1 | $250K | 1.3% | 0.00% |
| 13 | Coulee Bank | 1 | $137K | 0.7% | 0.00% |
| 14 | Associated Bank National Association | 1 | $110K | 0.6% | 0.00% |
| 15 | Old National Bank | 1 | $103K | 0.5% | 0.00% |
| 16 | Peoples State Bank | 1 | $91K | 0.5% | 0.00% |
| 17 | Stearns Bank National Association | 1 | $50K | 0.3% | 0.00% |
| 18 | Minnwest Bank | 1 | $40K | 0.2% | 0.00% |
| 19 | Rushford State Bank Incorporated | 1 | $18K | 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 | Construction | 14 | $10.8M | 56.3% |
| 2 | Retail trade | 6 | $2.4M | 12.3% |
| 3 | Health care & social assistance | 6 | $1.7M | 8.7% |
| 4 | Transportation & warehousing | 1 | $1.0M | 5.2% |
| 5 | Accommodation & food services | 4 | $943K | 4.9% |
| 6 | Manufacturing | 3 | $600K | 3.1% |
| 7 | Other services | 4 | $578K | 3.0% |
| 8 | Professional & technical services | 3 | $394K | 2.1% |
| 9 | Arts, entertainment & recreation | 1 | $256K | 1.3% |
| 10 | Transportation & warehousing | 3 | $154K | 0.8% |
| 11 | Administrative & waste services | 2 | $146K | 0.8% |
| 12 | Agriculture, forestry & fishing | 2 | $135K | 0.7% |
| 13 | Manufacturing | 3 | $56K | 0.3% |
| 14 | Retail trade | 1 | $40K | 0.2% |
| 15 | Real estate & leasing | 1 | $38K | 0.2% |
| 16 | Wholesale trade | 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.