SBA 7(a) lenders in Ramsey, MN

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-09-30.

Lenders

140 institutions have SBA 7(a) loans on record in Ramsey, together $971.0M across 2,748 loans. Old National Bank is the largest, with 10% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Old National Bank	196	$95.1M	9.8%	2.32%
2	Wells Fargo Bank National Association	301	$93.2M	9.6%	4.58%
3	U.S. Bank, National Association	458	$75.9M	7.8%	2.16%
4	Sunrise Banks National Association	201	$65.5M	6.7%	0.64%
5	Platinum Bank	56	$40.8M	4.2%	0.42%
6	Choice Financial Group	83	$36.4M	3.7%	0.13%
7	BankVista	65	$35.6M	3.7%	0.76%
8	Hiawatha National Bank	39	$24.3M	2.5%	0.55%
9	First Resource Bank	45	$24.1M	2.5%	4.67%
10	21st Century Bank	66	$23.0M	2.4%	1.39%
11	First Bank & Trust	22	$21.9M	2.3%	0.00%
12	Associated Bank National Association	130	$20.9M	2.1%	4.31%
13	The Huntington National Bank	77	$20.4M	2.1%	1.61%
14	BankCherokee	77	$18.8M	1.9%	1.12%
15	Drake Bank	53	$16.5M	1.7%	2.12%
16	Live Oak Banking Company	13	$16.1M	1.7%	0.00%
17	Northeast Bank	34	$15.4M	1.6%	1.65%
18	BMO Bank National Association	21	$15.1M	1.6%	2.31%
19	MidCountry Bank	15	$15.1M	1.6%	0.00%
20	Highland Bank	75	$14.5M	1.5%	0.00%
21	First Bank of the Lake	8	$12.9M	1.3%	0.00%
22	Frandsen Bank and Trust	24	$12.6M	1.3%	0.00%
23	Byline Bank	16	$11.8M	1.2%	9.13%
24	Woodlands National Bank	25	$11.0M	1.1%	1.26%
25	Minnwest Bank	21	$10.7M	1.1%	0.00%
26	Coulee Bank	22	$10.1M	1.0%	1.86%
27	Alerus Financial, National Association	18	$9.9M	1.0%	0.00%
28	CCFBank National Association	2	$9.1M	0.9%	0.00%
29	Alliance Bank	23	$9.1M	0.9%	1.90%
30	Granite Bank	34	$8.2M	0.8%	2.90%
31	Nicolet National Bank	17	$6.9M	0.7%	2.00%
32	Summit Community Bank	15	$6.0M	0.6%	5.51%
33	Scale Bank	16	$5.8M	0.6%	0.00%
34	CRF Small Business Loan Company, LLC	17	$5.7M	0.6%	0.00%
35	Celtic Bank Corporation	15	$5.7M	0.6%	0.31%
36	North American Banking Company	16	$5.1M	0.5%	2.48%
37	Village Bank	16	$5.0M	0.5%	0.00%
38	Northwest Bank	1	$5.0M	0.5%	0.00%
39	Falcon National Bank	9	$4.9M	0.5%	0.00%
40	Premier Bank	34	$4.8M	0.5%	3.08%
41	T Bank, National Association	1	$4.8M	0.5%	0.00%
42	The Bank of Elk River	4	$4.8M	0.5%	0.00%
43	Stearns Bank National Association	16	$4.5M	0.5%	6.08%
44	Union Bank and Trust Company	3	$4.4M	0.5%	0.00%
45	Newtek Small Business Finance, LLC	9	$4.0M	0.4%	18.47%
46	First National Bank	3	$3.8M	0.4%	1.94%
47	BayFirst National Bank	22	$3.7M	0.4%	0.00%
48	Readycap Lending, LLC	17	$3.6M	0.4%	8.11%
49	Citizens State Bank	8	$3.2M	0.3%	0.00%
50	UMB Bank, National Association	4	$3.1M	0.3%	0.00%
51	Bell Bank	7	$3.1M	0.3%	0.00%
52	Northeast Bank	24	$2.9M	0.3%	0.00%
53	The Bancorp Bank National Association	2	$2.7M	0.3%	0.00%
54	VisionBank	8	$2.6M	0.3%	1.27%
55	Enterprise Bank & Trust	4	$2.3M	0.2%	0.00%
56	Eagle Rock Bank	1	$2.3M	0.2%	0.00%
57	EntreBank	4	$2.2M	0.2%	0.00%
58	United Prairie Bank	4	$2.2M	0.2%	0.00%
59	BankUnited, National Association	2	$2.2M	0.2%	2.01%
60	Paragon Bank	2	$2.1M	0.2%	0.00%
61	Simmons Bank	6	$2.1M	0.2%	0.00%
62	First Merchants Bank	1	$2.0M	0.2%	0.00%
63	Summit CU	1	$2.0M	0.2%	0.00%
64	CorTrust Bank National Association	9	$1.9M	0.2%	19.81%
65	Bridgewater Bank	5	$1.7M	0.2%	0.00%
66	Centerstone SBA Lending, Inc.	1	$1.6M	0.2%	0.00%
67	Citibank, N.A.	2	$1.6M	0.2%	0.00%
68	Bank of America, National Association	1	$1.6M	0.2%	0.00%
69	Community Resource Bank	12	$1.6M	0.2%	3.88%
70	Merchants Bank, National Association	9	$1.5M	0.2%	7.33%
71	1st Financial Bank USA	1	$1.5M	0.2%	0.00%
72	Heritage Bank, National Association	1	$1.5M	0.2%	0.00%
73	Security Bank & Trust Company	4	$1.4M	0.1%	5.49%
74	City & County CU	7	$1.4M	0.1%	4.01%
75	Banesco USA	1	$1.3M	0.1%	0.00%
76	Pioneer Bank	4	$1.3M	0.1%	0.00%
77	United Midwest Savings Bank National Association	9	$1.3M	0.1%	10.42%
78	Blaze Credit Union	8	$1.3M	0.1%	0.00%
79	State Bank Financial	1	$1.3M	0.1%	0.00%
80	Happen Bank	1	$1.2M	0.1%	0.00%
81	Arcadian Bank	2	$1.2M	0.1%	0.00%
82	Community Savings Bank	1	$1.1M	0.1%	0.00%
83	North Star Bank	6	$1.1M	0.1%	0.00%
84	Bravera Bank	7	$1.1M	0.1%	2.20%
85	Citizens Bank	2	$1.1M	0.1%	0.00%
86	Newtek Bank, National Association	7	$1.1M	0.1%	0.00%
87	Voyager Bank	2	$930K	0.1%	0.00%
88	Affinity Plus FCU	6	$855K	0.1%	0.00%
89	Harvest Small Business Finance, LLC	1	$850K	0.1%	0.00%
90	African Development Center	3	$820K	0.1%	0.00%
91	Premier Bank Minnesota	5	$806K	0.1%	0.00%
92	First Western Bank & Trust	3	$800K	0.1%	0.00%
93	Truliant FCU	1	$718K	0.1%	0.00%
94	Columbia Bank	2	$674K	0.1%	0.00%
95	Five Star Bank	3	$670K	0.1%	0.00%
96	First Federal Savings Bank	1	$600K	0.1%	0.00%
97	Neighborhood Development Center	4	$590K	0.1%	0.00%
98	VelocitySBA, LLC	8	$562K	0.1%	4.50%
99	Lendistry SBLC, LLC	4	$537K	0.1%	0.00%
100	Metro City Bank	1	$510K	0.1%	0.00%
101	Colony Bank	1	$500K	0.1%	0.00%
102	TruStone Financial CU	4	$485K	0.0%	0.00%
103	First National Bank of Pennsylvania	1	$476K	0.0%	0.00%
104	Gateway Bank	6	$460K	0.0%	0.00%
105	Farmers and Merchants Savings Bank	5	$457K	0.0%	0.00%
106	Sentry Bank	4	$403K	0.0%	9.04%
107	Magnifi Financial CU	2	$381K	0.0%	0.00%
108	National Bank of Commerce	1	$371K	0.0%	0.00%
109	First Internet Bank of Indiana	1	$350K	0.0%	82.22%
110	Security State Bank of Kenyon	2	$350K	0.0%	0.00%
111	Metropolitan Economic Development Association	2	$346K	0.0%	0.00%
112	Deerwood Bank	2	$333K	0.0%	63.81%
113	IncredibleBank	1	$322K	0.0%	0.00%
114	First Children's Finance	5	$311K	0.0%	15.86%
115	Lakeview Bank	2	$275K	0.0%	0.00%
116	Grasshopper Bank National Association	1	$250K	0.0%	0.00%
117	Think Mutual Bank	2	$235K	0.0%	0.00%
118	Carver State Bank	2	$210K	0.0%	0.00%
119	Tradition Capital Bank	2	$207K	0.0%	0.00%
120	Border Bank	2	$206K	0.0%	0.00%
121	First Interstate Bank	1	$200K	0.0%	0.00%
122	Citizens Independent Bank	1	$200K	0.0%	0.00%
123	Lake Country Community Bank	1	$185K	0.0%	0.00%
124	Unity Bank	2	$180K	0.0%	0.00%
125	Profinium Inc	2	$167K	0.0%	0.00%
126	JPMorgan Chase Bank, National Association	2	$160K	0.0%	0.00%
127	CenTrust Bank, A Division of SmartBiz Bank National Association	1	$150K	0.0%	0.00%
128	Minnstar Bank National Association	1	$150K	0.0%	0.00%
129	Stone Bank	1	$150K	0.0%	0.00%
130	Firstrust Savings Bank	1	$150K	0.0%	0.00%
131	Crown Bank	1	$150K	0.0%	0.00%
132	Pine River State Bank	1	$150K	0.0%	0.00%
133	Kensington Bank	1	$150K	0.0%	0.00%
134	Lake Elmo Bank	1	$125K	0.0%	0.00%
135	Independence Bank	2	$75K	0.0%	0.00%
136	Navy FCU	1	$65K	0.0%	0.00%
137	Bank of Hope	3	$60K	0.0%	46.69%
138	Capital One National Association	1	$50K	0.0%	98.94%
139	Star Bank	1	$25K	0.0%	99.86%
140	Neighborhood National Bank	1	$20K	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	Accommodation & food services	296	$107.1M	11.0%
2	Health care & social assistance	324	$105.9M	10.9%
3	Retail trade	276	$93.2M	9.6%
4	Wholesale trade	157	$91.3M	9.4%
5	Other services	244	$77.3M	8.0%
6	Construction	238	$74.5M	7.7%
7	Manufacturing	124	$74.3M	7.7%
8	Professional & technical services	295	$74.2M	7.6%
9	Administrative & waste services	154	$53.6M	5.5%
10	Manufacturing	74	$40.7M	4.2%
11	Retail trade	165	$37.3M	3.8%
12	Arts, entertainment & recreation	82	$30.5M	3.1%
13	Real estate & leasing	56	$25.3M	2.6%
14	Transportation & warehousing	64	$25.2M	2.6%
15	Manufacturing	68	$23.7M	2.4%
16	Finance & insurance	46	$11.4M	1.2%
17	Educational services	35	$11.3M	1.2%
18	Information	32	$7.1M	0.7%
19	Transportation & warehousing	14	$6.4M	0.7%
20	Management of companies	1	$290K	0.0%
21	Agriculture, forestry & fishing	2	$180K	0.0%
22	Utilities	1	$115K	0.0%

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.