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SBA lender profile

First National Bank North

First National Bank North appears in the public SBA loan data with 4 funded 7(a) loans since FY2010, totaling $4.9M, an average of $1.2M per loan, and an estimated 35 jobs supported. Its SBA lending concentrates in Minnesota and the Retail Trade sector. With only 4 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
4
Since FY2010
Total volume
$4.9M
Average loan size
$1.2M
7(a) charge-off rate
Insufficient data
Only 4 7(a) loans in the data
Jobs supported (reported)
35
Programs
7(a)

Is First National Bank North the right lender for you?

First National Bank North appears in the SBA record with 4 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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Bank profile

via FDIC
Total assets
$840M
Headquarters
Walker, MN
FDIC cert
#5269
Status
Active

Where First National Bank North lends

Top states by funded SBA volume.

StateLoansTotal volume
Minnesota 4 $4.9M

What First National Bank North funds

Top industries by funded SBA volume.

IndustryLoansTotal volume
Retail Trade 2 $2.0M
Accommodation and Food Services 1 $1.5M
Health Care and Social Assistance 1 $1.4M

First National Bank North SBA lending by year

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

Fiscal yearLoansTotal volume
20101$1.5M
20172$2.0M
20251$1.4M

Related SBA lenders

Other lenders active in Minnesota or in Retail Trade.

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

First National Bank North: frequently asked questions

Does First National Bank North offer SBA loans?

Yes. First National Bank North appears in the public SBA data with 4 funded SBA 7(a) loans totaling $4.9M.

How many SBA loans has First National Bank North made?

First National Bank North is associated with 4 SBA 7(a) loans totaling $4.9M in the public SBA data (as of 2026-03-31).

What is First National Bank North's SBA charge-off rate?

First National Bank North appears with only 4 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 First National Bank North do most of its SBA lending?

First National Bank North's SBA lending in the data is most concentrated in Minnesota, and by industry in Retail Trade.

For First National Bank North

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 First National Bank North'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). First National Bank North SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/first-national-bank-north/

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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