SBA lender profile
Alden State Bank
Alden State Bank appears in the public SBA loan data with 3 funded 7(a) loans totaling $1.1M, an average of $367K per loan, and an estimated 18 jobs supported. Its SBA lending concentrates in Michigan and the Other Services 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
3
Total volume
$1.1M
Average loan size
$367K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
18
Programs
7(a)
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 | 3 | $1.1M |
What Alden State Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Other Services | 2 | $1000K |
| Accommodation and Food Services | 1 | $100K |
Alden State Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2021 | 1 | $100K |
| 2023 | 2 | $1000K |
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 Alden State 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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