SBA lender profile
Falcon National Bank
Falcon National Bank appears in the public SBA loan data with 294 funded 7(a) loans totaling $195.9M, an average of $666K per loan, and an estimated 4,514 jobs supported. Its SBA lending concentrates in Minnesota and the Transportation and Warehousing sector. Across all of its loans in the data, its charge-off rate is 1.7%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
294
Total volume
$195.9M
Average loan size
$666K
Charge-off rate
1.7%
Share of funded loans charged off
Jobs supported (reported)
4,514
Programs
7(a)
Bank profile
via FDIC- Total assets
- $886M
- Headquarters
- Foley, MN
- FDIC cert
- #57603
- Status
- Active
Where Falcon National Bank lends
Top states by funded SBA volume.
What Falcon National Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Transportation and Warehousing | 67 | $53.4M |
| Retail Trade | 41 | $24.4M |
| Manufacturing | 28 | $22.9M |
| Construction | 31 | $15.9M |
| Administrative and Support | 33 | $14.5M |
| Wholesale Trade | 6 | $12.3M |
Falcon National Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 48 | $33.4M |
| 2021 | 54 | $33.9M |
| 2022 | 32 | $27.2M |
| 2023 | 33 | $20.0M |
| 2024 | 50 | $30.2M |
| 2025 | 55 | $32.8M |
| 2026 | 22 | $18.3M |
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 Falcon National 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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