SBA lender profile
Bridgewater Bank
Bridgewater Bank appears in the public SBA loan data with 43 funded 7(a) loans totaling $32.6M, an average of $758K per loan, and an estimated 554 jobs supported. Its SBA lending concentrates in Minnesota and the Professional and Technical Services sector. Across all of its loans in the data, its charge-off rate is 2.3%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
43
Total volume
$32.6M
Average loan size
$758K
Charge-off rate
2.3%
Share of funded loans charged off
Jobs supported (reported)
554
Programs
7(a)
Bank profile
via FDIC- Total assets
- $5.3B
- Headquarters
- Saint Louis Park, MN
- FDIC cert
- #58210
- Status
- Active
Where Bridgewater Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 37 | $29.2M |
| North Dakota | 1 | $800K |
| District of Columbia | 1 | $796K |
| Illinois | 1 | $522K |
| Arizona | 1 | $425K |
| Wisconsin | 1 | $414K |
What Bridgewater Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Professional and Technical Services | 7 | $10.7M |
| Educational Services | 3 | $6.8M |
| Health Care and Social Assistance | 4 | $3.9M |
| Other Services | 9 | $3.8M |
| Arts, Entertainment, Recreation | 6 | $3.4M |
| Manufacturing | 4 | $1.5M |
Bridgewater Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 8 | $3.9M |
| 2021 | 4 | $9.0M |
| 2022 | 8 | $2.1M |
| 2023 | 5 | $1.2M |
| 2024 | 6 | $6.0M |
| 2025 | 8 | $5.0M |
| 2026 | 4 | $5.4M |
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 Bridgewater 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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