SBA lender profile
Bank Forward
Bank Forward appears in the public SBA loan data with 115 funded 7(a) loans since FY2010, totaling $30.0M, an average of $261K per loan, and an estimated 1,942 jobs supported. Its SBA lending concentrates in North Dakota and the Manufacturing sector. Across its 7(a) loans, the charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 88
- Scale 49
- Activity 0
- Consistency 68
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Bank Forward the right lender for you?
Lenders fund what they know. Bank Forward's SBA lending concentrates in North Dakota (58 loans) and Manufacturing (20 loans), at an average loan of $261K. 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
- $1.2B
- Headquarters
- Fargo, ND
- FDIC cert
- #8941
- Status
- Active
Where Bank Forward lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| North Dakota | 58 | $22.1M |
| Minnesota | 57 | $7.9M |
Metro areas where Bank Forward funds
What Bank Forward funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 20 | $17.6M |
| Construction | 30 | $4.9M |
| Retail Trade | 19 | $2.4M |
| Other Services | 8 | $1.3M |
| Real Estate | 6 | $1.0M |
| Accommodation and Food Services | 7 | $921K |
Bank Forward SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 23 | $5.1M |
| 2011 | 14 | $6.0M |
| 2012 | 8 | $3.9M |
| 2013 | 3 | $2.2M |
| 2014 | 7 | $548K |
| 2015 | 8 | $1.6M |
| 2016 | 6 | $432K |
| 2017 | 8 | $1.7M |
| 2018 | 6 | $965K |
| 2019 | 2 | $64K |
| 2020 | 16 | $3.8M |
| 2021 | 9 | $2.6M |
| 2022 | 5 | $1.1M |
Related SBA lenders
Other lenders active in North Dakota or in Manufacturing.
Comparing lenders? See how to choose an SBA lender by track record.
Bank Forward: frequently asked questions
Does Bank Forward offer SBA loans?
Yes. Bank Forward appears in the public SBA data with 115 funded SBA 7(a) loans totaling $30.0M.
How many SBA loans has Bank Forward made?
Bank Forward is associated with 115 SBA 7(a) loans totaling $30.0M in the public SBA data (as of 2026-03-31).
What is Bank Forward's SBA charge-off rate?
About 0.0% of Bank Forward'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 Bank Forward do most of its SBA lending?
Bank Forward's SBA lending in the data is most concentrated in North Dakota, and by industry in Manufacturing.
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). Bank Forward SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/bank-forward/
Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.
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