SBA 7(a) lenders in Isanti, MN

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

Lenders

39 institutions have SBA 7(a) loans on record in Isanti, together $55.8M across 166 loans. Old National Bank is the largest, with 14% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Old National Bank	6	$7.5M	13.5%	0.00%
2	Wells Fargo Bank National Association	16	$6.9M	12.4%	0.02%
3	Frandsen Bank and Trust	10	$6.7M	11.9%	0.00%
4	Live Oak Banking Company	4	$3.5M	6.2%	0.00%
5	Falcon National Bank	8	$3.5M	6.2%	0.00%
6	Hiawatha National Bank	7	$3.3M	5.9%	0.00%
7	Security Bank & Trust Company	16	$3.0M	5.4%	13.20%
8	21st Century Bank	10	$2.7M	4.8%	0.00%
9	U.S. Bank, National Association	16	$2.5M	4.5%	33.98%
10	First Bank & Trust	7	$2.5M	4.4%	0.00%
11	Stearns Bank National Association	4	$2.1M	3.7%	0.00%
12	First Citizens Bank	12	$1.9M	3.5%	5.69%
13	Village Bank	5	$1.6M	2.9%	5.38%
14	Luminate Bank	1	$1.2M	2.2%	0.00%
15	Readycap Lending, LLC	2	$911K	1.6%	0.00%
16	Celtic Bank Corporation	3	$845K	1.5%	50.62%
17	Minnwest Bank	2	$735K	1.3%	0.00%
18	Unity Bank	4	$579K	1.0%	0.00%
19	Bravera Bank	2	$538K	1.0%	0.00%
20	Newtek Bank, National Association	1	$500K	0.9%	0.00%
21	BankVista	3	$485K	0.9%	0.00%
22	Patriot Bank, National Association	1	$470K	0.8%	0.00%
23	The Bank of Elk River	1	$350K	0.6%	0.00%
24	Members Cooperative Credit Union	3	$344K	0.6%	0.00%
25	Associated Bank National Association	1	$188K	0.3%	0.00%
26	Nicolet National Bank	2	$165K	0.3%	0.00%
27	Scale Bank	1	$150K	0.3%	0.00%
28	Northeast Entrepreneur Fund, Inc.	2	$102K	0.2%	0.00%
29	The Huntington National Bank	3	$100K	0.2%	0.00%
30	Choice Financial Group	1	$100K	0.2%	0.00%
31	Woodlands National Bank	1	$75K	0.1%	0.00%
32	Capital One National Association	2	$65K	0.1%	68.26%
33	First Bank Elk River	1	$50K	0.1%	0.00%
34	Granite Bank	1	$50K	0.1%	0.00%
35	Initiative Foundation	1	$47K	0.1%	0.00%
36	VelocitySBA, LLC	3	$45K	0.1%	31.06%
37	Affinity Plus FCU	1	$25K	0.0%	0.00%
38	Security State Bank of Aitkin	1	$20K	0.0%	0.00%
39	RiverWood Bank	1	$12K	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	24	$13.4M	24.0%
2	Accommodation & food services	13	$9.9M	17.7%
3	Wholesale trade	15	$6.3M	11.4%
4	Professional & technical services	13	$4.6M	8.2%
5	Retail trade	20	$4.1M	7.3%
6	Construction	24	$3.4M	6.1%
7	Other services	12	$3.2M	5.7%
8	Health care & social assistance	12	$3.2M	5.7%
9	Real estate & leasing	6	$1.6M	2.9%
10	Transportation & warehousing	7	$1.5M	2.7%
11	Manufacturing	3	$1.1M	2.0%
12	Finance & insurance	3	$851K	1.5%
13	Manufacturing	4	$781K	1.4%
14	Administrative & waste services	2	$638K	1.1%
15	Arts, entertainment & recreation	2	$344K	0.6%
16	Mining & extraction	3	$330K	0.6%
17	Retail trade	2	$282K	0.5%
18	Information	1	$278K	0.5%

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.