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SBA lender profile

BankNorth

BankNorth appears in the public SBA loan data with 11 funded 7(a) loans since FY2010, totaling $1.4M, an average of $126K per loan, and an estimated 70 jobs supported. Its SBA lending concentrates in North Dakota and the Retail Trade sector. With only 11 7(a) loans in the data, the sample is too small to read a charge-off rate as a track record.

By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)

Funded loans
11
Since FY2010
Total volume
$1.4M
Average loan size
$126K
7(a) charge-off rate
Insufficient data
Only 11 7(a) loans in the data
Jobs supported (reported)
70
Programs
7(a)

Is BankNorth the right lender for you?

BankNorth appears in the SBA record with 11 funded loans since FY2010, too few to read as a lending pattern. That is not a mark against the institution, but it does mean the record cannot tell you whether it lends to businesses like yours. Lenders with a deeper track record in your state and industry can.

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Where BankNorth lends

Top states by funded SBA volume.

StateLoansTotal volume
North Dakota 11 $1.4M

What BankNorth funds

Top industries by funded SBA volume.

BankNorth SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
20105$271K
20111$195K
20121$73K
20133$700K
20191$150K

Related SBA lenders

Other lenders active in North Dakota or in Retail Trade.

Comparing lenders? See how to choose an SBA lender by track record.

BankNorth: frequently asked questions

Does BankNorth offer SBA loans?

Yes. BankNorth appears in the public SBA data with 11 funded SBA 7(a) loans totaling $1.4M.

How many SBA loans has BankNorth made?

BankNorth is associated with 11 SBA 7(a) loans totaling $1.4M in the public SBA data (as of 2026-03-31).

What is BankNorth's SBA charge-off rate?

BankNorth appears with only 11 7(a) loans in the data, too few for a charge-off rate to be meaningful as a track record. The SBA Lender Score treats fewer than 20 loans as insufficient data for the same reason; see our methodology.

Where does BankNorth do most of its SBA lending?

BankNorth's SBA lending in the data is most concentrated in North Dakota, and by industry in Retail Trade.

For BankNorth

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.

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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 BankNorth's 7(a) loans marked charged off (504 loans do not report charge-off status); 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.
Cite this analysis

Mario Bailey. (2026). BankNorth SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/banknorth/

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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