SBA lender profile
Foresight Bank
Foresight Bank appears in the public SBA loan data with 83 funded 7(a) loans since FY2010, totaling $24.4M, an average of $295K per loan, and an estimated 904 jobs supported. Its SBA lending concentrates in Illinois and the Retail Trade sector. Across its 7(a) loans, the charge-off rate is 2.4%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 73
- Scale 42
- Activity 37
- Consistency 74
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Foresight Bank the right lender for you?
Lenders fund what they know. Foresight Bank's SBA lending concentrates in Illinois (53 loans) and Retail Trade (15 loans), at an average loan of $295K. 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
- $426M
- Headquarters
- Plainview, MN
- FDIC cert
- #5229
- Status
- Active
Where Foresight Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Illinois | 53 | $17.2M |
| Minnesota | 27 | $4.4M |
| South Carolina | 1 | $1.6M |
| Wisconsin | 2 | $1.3M |
Metro areas where Foresight Bank funds
What Foresight Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 15 | $8.6M |
| Manufacturing | 6 | $3.7M |
| Accommodation and Food Services | 15 | $2.8M |
| Other Services | 10 | $2.8M |
| Construction | 12 | $1.9M |
| Real Estate | 3 | $1.5M |
Foresight Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 10 | $6.2M |
| 2011 | 6 | $509K |
| 2012 | 5 | $2.6M |
| 2013 | 3 | $898K |
| 2014 | 1 | $460K |
| 2015 | 6 | $550K |
| 2016 | 3 | $280K |
| 2017 | 8 | $1.4M |
| 2018 | 12 | $2.5M |
| 2019 | 3 | $285K |
| 2020 | 6 | $3.0M |
| 2021 | 8 | $1.9M |
| 2022 | 3 | $878K |
| 2024 | 6 | $1.1M |
| 2025 | 3 | $1.8M |
Related SBA lenders
Other lenders active in Illinois or in Retail Trade.
Comparing lenders? See how to choose an SBA lender by track record.
Foresight Bank: frequently asked questions
Does Foresight Bank offer SBA loans?
Yes. Foresight Bank appears in the public SBA data with 83 funded SBA 7(a) loans totaling $24.4M.
How many SBA loans has Foresight Bank made?
Foresight Bank is associated with 83 SBA 7(a) loans totaling $24.4M in the public SBA data (as of 2026-03-31).
What is Foresight Bank's SBA charge-off rate?
About 2.4% of Foresight 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 Foresight Bank do most of its SBA lending?
Foresight Bank's SBA lending in the data is most concentrated in Illinois, and by industry in Retail Trade.
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). Foresight Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/foresight-bank/
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