SBA lender profile
21st Century Bank
21st Century Bank appears in the public SBA loan data with 229 funded 7(a) loans totaling $96.8M, an average of $423K per loan, and an estimated 3,903 jobs supported. Its SBA lending concentrates in Minnesota and the Health Care and Social Assistance sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
229
Total volume
$96.8M
Average loan size
$423K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
3,903
Programs
7(a)
Bank profile
via FDIC- Total assets
- $51M
- Headquarters
- Rogers, MN
- FDIC cert
- #8841
- Status
- Inactive
Where 21st Century Bank lends
Top states by funded SBA volume.
What 21st Century Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Health Care and Social Assistance | 53 | $21.1M |
| Manufacturing | 25 | $14.4M |
| Wholesale Trade | 12 | $11.8M |
| Retail Trade | 20 | $8.2M |
| Other Services | 22 | $7.5M |
| Construction | 13 | $6.7M |
21st Century Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 73 | $33.3M |
| 2021 | 62 | $27.3M |
| 2022 | 35 | $14.0M |
| 2023 | 11 | $3.1M |
| 2024 | 16 | $6.0M |
| 2025 | 25 | $10.6M |
| 2026 | 7 | $2.6M |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of 21st Century Bank's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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