SBA lender profile
Falcon National Bank
Falcon National Bank appears in the public SBA loan data with 590 funded 7(a) loans since FY2010, totaling $268.3M, an average of $455K per loan, and an estimated 8,047 jobs supported. Its SBA lending concentrates in Minnesota and the Transportation and Warehousing sector. Across its 7(a) loans, the charge-off rate is 1.7%. 51.0% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 81
- Scale 84
- Activity 86
- Consistency 83
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Falcon National Bank the right lender for you?
Lenders fund what they know. Falcon National Bank's SBA lending concentrates in Minnesota (510 loans) and Transportation and Warehousing (85 loans), at an average loan of $455K. 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
- $886M
- Headquarters
- Foley, MN
- FDIC cert
- #57603
- Status
- Active
Where Falcon National Bank lends
Top states by funded SBA volume.
Metro areas where Falcon National Bank funds
What Falcon National Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Transportation and Warehousing | 85 | $60.3M |
| Manufacturing | 71 | $38.1M |
| Retail Trade | 75 | $32.4M |
| Construction | 67 | $23.8M |
| Health Care and Social Assistance | 45 | $17.0M |
| Administrative and Support | 43 | $15.5M |
Falcon National Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 20 | $4.3M |
| 2011 | 28 | $10.4M |
| 2012 | 18 | $2.3M |
| 2013 | 46 | $9.2M |
| 2014 | 46 | $7.0M |
| 2015 | 39 | $3.7M |
| 2016 | 24 | $9.6M |
| 2017 | 18 | $2.0M |
| 2018 | 17 | $4.4M |
| 2019 | 40 | $19.5M |
| 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 |
Related SBA lenders
Other lenders active in Minnesota or in Transportation and Warehousing.
Comparing lenders? See how to choose an SBA lender by track record.
Falcon National Bank: frequently asked questions
Does Falcon National Bank offer SBA loans?
Yes. Falcon National Bank appears in the public SBA data with 590 funded SBA 7(a) loans totaling $268.3M.
How many SBA loans has Falcon National Bank made?
Falcon National Bank is associated with 590 SBA 7(a) loans totaling $268.3M in the public SBA data (as of 2026-03-31).
What is Falcon National Bank's SBA charge-off rate?
About 1.7% of Falcon National Bank'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 Falcon National Bank do most of its SBA lending?
Falcon National Bank's SBA lending in the data is most concentrated in Minnesota, and by industry in Transportation and Warehousing.
Is Falcon National Bank an SBA Preferred Lender (PLP)?
The loan record shows Falcon National Bank operating under PLP delegated authority: 301 of its 7(a) loans (51.0%) were processed through the Preferred Lenders Program, including 74 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
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). Falcon National Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/falcon-national-bank/
Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.
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.
Get SBA lending trends in your inbox
Occasional, data-driven briefings on SBA lending by industry and state. No spam, unsubscribe anytime.
We use your email only to send lending-trend updates. See our privacy policy.