SBA lender profile
First National Bank Minnesota
First National Bank Minnesota appears in the public SBA loan data with 6 funded 7(a) loans totaling $3.7M, an average of $624K per loan, and an estimated 47 jobs supported. Its SBA lending concentrates in Minnesota and the Retail Trade sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
6
Total volume
$3.7M
Average loan size
$624K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
47
Programs
7(a)
Bank profile
via FDIC- Total assets
- $434M
- Headquarters
- Saint Peter, MN
- FDIC cert
- #5247
- Status
- Active
Where First National Bank Minnesota lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 6 | $3.7M |
What First National Bank Minnesota funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 3 | $2.7M |
| Other Services | 1 | $450K |
| Administrative and Support | 1 | $419K |
| Agriculture, Forestry, Fishing | 1 | $160K |
First National Bank Minnesota SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2021 | 3 | $2.6M |
| 2022 | 2 | $768K |
| 2023 | 1 | $333K |
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 First National Bank Minnesota'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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