SBA 7(a) lenders in Ramsey, MN

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

Lenders

139 institutions have SBA 7(a) loans on record in Ramsey, together $952.0M across 2,716 loans. Wells Fargo Bank National Association is the largest, with 10% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Wells Fargo Bank National Association	301	$93.2M	9.8%	4.57%
2	Old National Bank	194	$91.0M	9.6%	2.42%
3	U.S. Bank, National Association	454	$74.9M	7.9%	2.18%
4	Sunrise Banks National Association	201	$65.5M	6.9%	0.64%
5	Platinum Bank	56	$40.8M	4.3%	0.42%
6	Choice Financial Group	83	$36.4M	3.8%	0.13%
7	BankVista	64	$34.8M	3.7%	0.78%
8	Hiawatha National Bank	39	$24.3M	2.6%	0.55%
9	First Resource Bank	43	$23.8M	2.5%	4.73%
10	21st Century Bank	66	$23.0M	2.4%	1.15%
11	First Bank & Trust	22	$21.9M	2.3%	0.00%
12	Associated Bank National Association	130	$20.9M	2.2%	4.31%
13	The Huntington National Bank	73	$18.9M	2.0%	1.74%
14	BankCherokee	75	$16.6M	1.7%	1.27%
15	Drake Bank	52	$16.3M	1.7%	1.23%
16	Live Oak Banking Company	13	$16.1M	1.7%	0.00%
17	Northeast Bank	34	$15.4M	1.6%	0.28%
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	1.4%	0.00%
22	Frandsen Bank and Trust	22	$11.9M	1.3%	0.00%
23	Byline Bank	16	$11.8M	1.2%	9.13%
24	Woodlands National Bank	25	$11.0M	1.2%	1.26%
25	Minnwest Bank	21	$10.7M	1.1%	0.00%
26	Coulee Bank	22	$10.1M	1.1%	1.86%
27	Alerus Financial, National Association	18	$9.9M	1.0%	0.00%
28	CCFBank National Association	2	$9.1M	1.0%	0.00%
29	Alliance Bank	23	$9.1M	1.0%	1.90%
30	Granite Bank	34	$8.2M	0.9%	2.90%
31	Nicolet National Bank	15	$6.6M	0.7%	2.11%
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	Falcon National Bank	9	$4.9M	0.5%	0.00%
39	Premier Bank	34	$4.8M	0.5%	3.08%
40	T Bank, National Association	1	$4.8M	0.5%	0.00%
41	The Bank of Elk River	4	$4.8M	0.5%	0.00%
42	Stearns Bank National Association	16	$4.5M	0.5%	6.08%
43	Union Bank and Trust Company	3	$4.4M	0.5%	0.00%
44	Newtek Small Business Finance, Inc.	9	$4.0M	0.4%	18.47%
45	First National Bank	3	$3.8M	0.4%	1.94%
46	BayFirst National Bank	22	$3.7M	0.4%	0.00%
47	Readycap Lending, LLC	15	$3.6M	0.4%	8.21%
48	Citizens State Bank	8	$3.2M	0.3%	0.00%
49	UMB Bank, National Association	4	$3.1M	0.3%	0.00%
50	Bell Bank	7	$3.1M	0.3%	0.00%
51	The Bancorp Bank National Association	2	$2.7M	0.3%	0.00%
52	VisionBank	8	$2.6M	0.3%	1.41%
53	Eagle Rock Bank	1	$2.3M	0.2%	0.00%
54	Northeast Bank	20	$2.2M	0.2%	0.00%
55	EntreBank	4	$2.2M	0.2%	0.00%
56	United Prairie Bank	4	$2.2M	0.2%	0.00%
57	BankUnited, National Association	2	$2.2M	0.2%	2.01%
58	Paragon Bank	2	$2.1M	0.2%	0.00%
59	Simmons Bank	6	$2.1M	0.2%	0.00%
60	First Merchants Bank	1	$2.0M	0.2%	0.00%
61	Summit CU	1	$2.0M	0.2%	0.00%
62	CorTrust Bank National Association	9	$1.9M	0.2%	19.81%
63	Centerstone SBA Lending, Inc.	1	$1.6M	0.2%	0.00%
64	Citibank, N.A.	2	$1.6M	0.2%	0.00%
65	Bank of America, National Association	1	$1.6M	0.2%	0.00%
66	Community Resource Bank	12	$1.6M	0.2%	3.88%
67	Merchants Bank, National Association	9	$1.5M	0.2%	7.33%
68	1st Financial Bank USA	1	$1.5M	0.2%	0.00%
69	Heritage Bank, National Association	1	$1.5M	0.2%	0.00%
70	Security Bank & Trust Company	4	$1.4M	0.2%	5.49%
71	City & County CU	7	$1.4M	0.1%	4.01%
72	Banesco USA	1	$1.3M	0.1%	0.00%
73	Pioneer Bank	4	$1.3M	0.1%	0.00%
74	United Midwest Savings Bank National Association	9	$1.3M	0.1%	10.42%
75	Blaze Credit Union	8	$1.3M	0.1%	0.00%
76	State Bank Financial	1	$1.3M	0.1%	0.00%
77	Enterprise Bank & Trust	3	$1.2M	0.1%	0.00%
78	Happen Bank	1	$1.2M	0.1%	0.00%
79	Bridgewater Bank	3	$1.2M	0.1%	0.00%
80	Arcadian Bank	2	$1.2M	0.1%	0.00%
81	Community Savings Bank	1	$1.1M	0.1%	0.00%
82	North Star Bank	6	$1.1M	0.1%	0.00%
83	Bravera Bank	7	$1.1M	0.1%	2.20%
84	Citizens Bank	2	$1.1M	0.1%	0.00%
85	Newtek Bank, National Association	7	$1.1M	0.1%	0.00%
86	Voyager Bank	2	$930K	0.1%	0.00%
87	Affinity Plus FCU	6	$855K	0.1%	0.00%
88	Harvest Small Business Finance, LLC	1	$850K	0.1%	0.00%
89	African Development Center	3	$820K	0.1%	0.00%
90	Premier Bank Minnesota	5	$806K	0.1%	0.00%
91	First Western Bank & Trust	3	$800K	0.1%	0.00%
92	Truliant FCU	1	$718K	0.1%	0.00%
93	Columbia Bank	2	$674K	0.1%	0.00%
94	Five Star Bank	3	$670K	0.1%	0.00%
95	First Federal Savings Bank	1	$600K	0.1%	0.00%
96	Neighborhood Development Center	4	$590K	0.1%	0.00%
97	VelocitySBA, LLC	8	$562K	0.1%	4.50%
98	Metro City Bank	1	$510K	0.1%	0.00%
99	Colony Bank	1	$500K	0.1%	0.00%
100	TruStone Financial CU	4	$485K	0.1%	0.00%
101	First National Bank of Pennsylvania	1	$476K	0.0%	0.00%
102	Gateway Bank	6	$460K	0.0%	0.00%
103	Sentry Bank	4	$403K	0.0%	9.04%
104	Magnifi Financial CU	2	$381K	0.0%	0.00%
105	National Bank of Commerce	1	$371K	0.0%	0.00%
106	Security State Bank of Kenyon	2	$350K	0.0%	0.00%
107	First Internet Bank of Indiana	1	$350K	0.0%	82.22%
108	Metropolitan Economic Development Association	2	$346K	0.0%	0.00%
109	Deerwood Bank	2	$333K	0.0%	63.81%
110	IncredibleBank	1	$322K	0.0%	0.00%
111	Farmers and Merchants Savings Bank	4	$315K	0.0%	0.00%
112	First Children's Finance	5	$311K	0.0%	0.00%
113	Lendistry SBLC, LLC	3	$284K	0.0%	0.00%
114	Lakeview Bank	2	$275K	0.0%	0.00%
115	Grasshopper Bank National Association	1	$250K	0.0%	0.00%
116	Think Mutual Bank	2	$235K	0.0%	0.00%
117	Carver State Bank	2	$210K	0.0%	0.00%
118	Tradition Capital Bank	2	$207K	0.0%	0.00%
119	Border Bank	2	$206K	0.0%	0.00%
120	First Interstate Bank	1	$200K	0.0%	0.00%
121	Citizens Independent Bank	1	$200K	0.0%	0.00%
122	Lake Country Community Bank	1	$185K	0.0%	0.00%
123	Unity Bank	2	$180K	0.0%	0.00%
124	Profinium Inc	2	$167K	0.0%	0.00%
125	JPMorgan Chase Bank, National Association	2	$160K	0.0%	0.00%
126	Crown Bank	1	$150K	0.0%	0.00%
127	Minnstar Bank National Association	1	$150K	0.0%	0.00%
128	Kensington Bank	1	$150K	0.0%	0.00%
129	Firstrust Savings Bank	1	$150K	0.0%	0.00%
130	CenTrust Bank, A Division of SmartBiz Bank National Association	1	$150K	0.0%	0.00%
131	Pine River State Bank	1	$150K	0.0%	0.00%
132	Stone Bank	1	$150K	0.0%	0.00%
133	Lake Elmo Bank	1	$125K	0.0%	0.00%
134	Independence Bank	2	$75K	0.0%	0.00%
135	Navy FCU	1	$65K	0.0%	0.00%
136	Bank of Hope	3	$60K	0.0%	46.69%
137	Capital One National Association	1	$50K	0.0%	98.94%
138	Star Bank	1	$25K	0.0%	99.86%
139	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	Health care & social assistance	324	$105.9M	11.1%
2	Accommodation & food services	292	$104.9M	11.0%
3	Retail trade	276	$93.2M	9.8%
4	Wholesale trade	157	$91.3M	9.6%
5	Manufacturing	124	$74.3M	7.8%
6	Construction	234	$73.5M	7.7%
7	Other services	236	$72.3M	7.6%
8	Professional & technical services	290	$69.7M	7.3%
9	Administrative & waste services	152	$53.3M	5.6%
10	Manufacturing	72	$40.3M	4.2%
11	Retail trade	164	$37.3M	3.9%
12	Arts, entertainment & recreation	79	$25.3M	2.7%
13	Real estate & leasing	56	$25.3M	2.7%
14	Transportation & warehousing	64	$25.2M	2.6%
15	Manufacturing	68	$23.7M	2.5%
16	Finance & insurance	46	$11.4M	1.2%
17	Educational services	34	$11.3M	1.2%
18	Information	30	$6.7M	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.