SBA lender profile
Aspire Bank
Aspire Bank appears in the public SBA loan data with 70 funded 7(a) loans totaling $18.0M, an average of $258K per loan, and an estimated 764 jobs supported. Its SBA lending concentrates in North Dakota and the Administrative and Support 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
70
Total volume
$18.0M
Average loan size
$258K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
764
Programs
7(a)
Bank profile
via FDIC- Total assets
- $62M
- Headquarters
- Fargo, ND
- FDIC cert
- #3934
- Status
- Active
Where Aspire Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| North Dakota | 56 | $14.6M |
| Minnesota | 10 | $2.7M |
| South Dakota | 2 | $500K |
| Indiana | 2 | $218K |
What Aspire Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Administrative and Support | 7 | $5.3M |
| Real Estate | 4 | $2.5M |
| Other Services | 5 | $2.2M |
| Retail Trade | 12 | $2.2M |
| Transportation and Warehousing | 8 | $1.7M |
| Construction | 13 | $1.1M |
Aspire Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 30 | $6.1M |
| 2021 | 20 | $4.4M |
| 2022 | 3 | $291K |
| 2023 | 7 | $5.4M |
| 2024 | 6 | $1.3M |
| 2025 | 2 | $232K |
| 2026 | 2 | $218K |
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 Aspire 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.
Looking for a lender like this?
Compare a few SBA lenders by track record, then get matched with SBA-approved lenders that fund businesses like yours.