SBA lender profile
21st Century Bank
21st Century Bank appears in the public SBA loan data with 680 funded 7(a) loans since FY2010, totaling $241.1M, an average of $355K per loan, and an estimated 9,212 jobs supported. Its SBA lending concentrates in Minnesota and the Manufacturing sector. Across its 7(a) loans, the charge-off rate is 2.2%. 46.6% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 78
- Scale 84
- Activity 69
- Consistency 86
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is 21st Century Bank the right lender for you?
Lenders fund what they know. 21st Century Bank's SBA lending concentrates in Minnesota (664 loans) and Manufacturing (103 loans), at an average loan of $355K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
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.
Metro areas where 21st Century Bank funds
What 21st Century Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 103 | $50.9M |
| Health Care and Social Assistance | 115 | $38.8M |
| Construction | 83 | $25.5M |
| Professional and Technical Services | 51 | $21.0M |
| Wholesale Trade | 32 | $18.0M |
| Retail Trade | 57 | $17.6M |
21st Century Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 32 | $10.0M |
| 2011 | 33 | $13.0M |
| 2012 | 37 | $10.3M |
| 2013 | 36 | $9.5M |
| 2014 | 50 | $11.3M |
| 2015 | 58 | $12.6M |
| 2016 | 42 | $16.8M |
| 2017 | 50 | $16.9M |
| 2018 | 54 | $14.8M |
| 2019 | 59 | $29.2M |
| 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 |
Related SBA lenders
Other lenders active in Minnesota or in Manufacturing.
Comparing lenders? See how to choose an SBA lender by track record.
21st Century Bank: frequently asked questions
Does 21st Century Bank offer SBA loans?
Yes. 21st Century Bank appears in the public SBA data with 680 funded SBA 7(a) loans totaling $241.1M.
How many SBA loans has 21st Century Bank made?
21st Century Bank is associated with 680 SBA 7(a) loans totaling $241.1M in the public SBA data (as of 2026-03-31).
What is 21st Century Bank's SBA charge-off rate?
About 2.2% of 21st Century Bank's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does 21st Century Bank do most of its SBA lending?
21st Century Bank's SBA lending in the data is most concentrated in Minnesota, and by industry in Manufacturing.
Is 21st Century Bank an SBA Preferred Lender (PLP)?
The loan record shows 21st Century Bank operating under PLP delegated authority: 317 of its 7(a) loans (46.6%) were processed through the Preferred Lenders Program, including 40 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). 21st Century Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/21st-century-bank/
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