SBA lender profile
Frandsen Bank and Trust
Frandsen Bank and Trust appears in the public SBA loan data with 320 funded 7(a) loans totaling $174.0M, an average of $544K per loan, and an estimated 4,270 jobs supported. Its SBA lending concentrates in Minnesota and the Construction 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
320
Total volume
$174.0M
Average loan size
$544K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
4,270
Programs
7(a)
Where Frandsen Bank and Trust lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 277 | $147.4M |
| Wisconsin | 33 | $15.6M |
| North Dakota | 10 | $11.1M |
What Frandsen Bank and Trust funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 39 | $21.4M |
| Health Care and Social Assistance | 37 | $21.1M |
| Manufacturing | 39 | $19.3M |
| Accommodation and Food Services | 35 | $18.9M |
| Other Services | 40 | $16.9M |
| Wholesale Trade | 23 | $16.1M |
Frandsen Bank and Trust SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 45 | $17.3M |
| 2021 | 53 | $29.7M |
| 2022 | 41 | $26.2M |
| 2023 | 57 | $33.5M |
| 2024 | 46 | $27.2M |
| 2025 | 59 | $30.5M |
| 2026 | 19 | $9.5M |
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 Frandsen Bank and Trust'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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