SBA lender profile
Frandsen Bank and Trust
Frandsen Bank and Trust appears in the public SBA loan data with 568 funded 7(a) loans since FY2010, totaling $234.2M, an average of $412K per loan, and an estimated 7,537 jobs supported. Its SBA lending concentrates in Minnesota and the Construction sector. Across its 7(a) loans, the charge-off rate is 0.4%. 57.6% 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 94
- Scale 83
- Activity 87
- Consistency 82
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Frandsen Bank and Trust the right lender for you?
Lenders fund what they know. Frandsen Bank and Trust's SBA lending concentrates in Minnesota (451 loans) and Construction (62 loans), at an average loan of $412K. 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.
Where Frandsen Bank and Trust lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 451 | $192.8M |
| Wisconsin | 97 | $29.1M |
| North Dakota | 17 | $12.1M |
| Florida | 1 | $150K |
| Michigan | 2 | $95K |
Metro areas where Frandsen Bank and Trust funds
What Frandsen Bank and Trust funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 62 | $29.3M |
| Manufacturing | 74 | $28.6M |
| Accommodation and Food Services | 57 | $25.4M |
| Health Care and Social Assistance | 52 | $24.4M |
| Other Services | 68 | $23.5M |
| Retail Trade | 70 | $21.9M |
Frandsen Bank and Trust SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 31 | $5.4M |
| 2011 | 21 | $7.3M |
| 2012 | 16 | $4.4M |
| 2013 | 18 | $4.8M |
| 2014 | 9 | $1.4M |
| 2015 | 25 | $6.5M |
| 2016 | 19 | $3.1M |
| 2017 | 36 | $8.7M |
| 2018 | 45 | $10.0M |
| 2019 | 28 | $8.5M |
| 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 |
Related SBA lenders
Other lenders active in Minnesota or in Construction.
Comparing lenders? See how to choose an SBA lender by track record.
Frandsen Bank and Trust: frequently asked questions
Does Frandsen Bank and Trust offer SBA loans?
Yes. Frandsen Bank and Trust appears in the public SBA data with 568 funded SBA 7(a) loans totaling $234.2M.
How many SBA loans has Frandsen Bank and Trust made?
Frandsen Bank and Trust is associated with 568 SBA 7(a) loans totaling $234.2M in the public SBA data (as of 2026-03-31).
What is Frandsen Bank and Trust's SBA charge-off rate?
About 0.4% of Frandsen Bank and Trust'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 Frandsen Bank and Trust do most of its SBA lending?
Frandsen Bank and Trust's SBA lending in the data is most concentrated in Minnesota, and by industry in Construction.
Is Frandsen Bank and Trust an SBA Preferred Lender (PLP)?
The loan record shows Frandsen Bank and Trust operating under PLP delegated authority: 327 of its 7(a) loans (57.6%) were processed through the Preferred Lenders Program, including 100 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). Frandsen Bank and Trust SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/frandsen-bank-and-trust/
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