SBA lender profile
Alden State Bank
Alden State Bank appears in the public SBA loan data with 20 funded 7(a) loans since FY2010, totaling $5.3M, an average of $264K per loan, and an estimated 176 jobs supported. Its SBA lending concentrates in Michigan and the Construction sector. Across its 7(a) loans, the charge-off rate is 5.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 65
- Scale 4
- Activity 25
- Consistency 59
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Alden State Bank the right lender for you?
Lenders fund what they know. Alden State Bank's SBA lending concentrates in Michigan (20 loans) and Construction (3 loans), at an average loan of $264K. 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
- $16M
- Headquarters
- Alden, IA
- FDIC cert
- #16321
- Status
- Inactive
Where Alden State Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Michigan | 20 | $5.3M |
Metro areas where Alden State Bank funds
What Alden State Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 3 | $1.5M |
| Other Services | 3 | $1.1M |
| Accommodation and Food Services | 5 | $667K |
| Retail Trade | 2 | $540K |
| Arts, Entertainment, Recreation | 3 | $510K |
| Real Estate | 1 | $295K |
Alden State Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 1 | $1.1M |
| 2011 | 1 | $260K |
| 2012 | 2 | $360K |
| 2013 | 2 | $320K |
| 2014 | 2 | $340K |
| 2015 | 5 | $930K |
| 2016 | 3 | $727K |
| 2019 | 1 | $149K |
| 2021 | 1 | $100K |
| 2023 | 2 | $1000K |
Related SBA lenders
Other lenders active in Michigan or in Construction.
Comparing lenders? See how to choose an SBA lender by track record.
Alden State Bank: frequently asked questions
Does Alden State Bank offer SBA loans?
Yes. Alden State Bank appears in the public SBA data with 20 funded SBA 7(a) loans totaling $5.3M.
How many SBA loans has Alden State Bank made?
Alden State Bank is associated with 20 SBA 7(a) loans totaling $5.3M in the public SBA data (as of 2026-03-31).
What is Alden State Bank's SBA charge-off rate?
About 5.0% of Alden State 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 Alden State Bank do most of its SBA lending?
Alden State Bank's SBA lending in the data is most concentrated in Michigan, and by industry in Construction.
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). Alden State Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/alden-state-bank/
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