SBA lender profile
Glenwood State Bank Incorporated
Glenwood State Bank Incorporated appears in the public SBA loan data with 29 funded 7(a) loans since FY2010, totaling $10.3M, an average of $354K per loan, and an estimated 180 jobs supported. Its SBA lending concentrates in Minnesota and the Construction sector. Across its 7(a) loans, the charge-off rate is 3.5%. 27.6% 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 68
- Scale 14
- Activity 52
- Consistency 53
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Glenwood State Bank Incorporated the right lender for you?
Lenders fund what they know. Glenwood State Bank Incorporated's SBA lending concentrates in Minnesota (21 loans) and Construction (3 loans), at an average loan of $354K. 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 Glenwood State Bank Incorporated lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 21 | $7.6M |
| North Dakota | 1 | $2.0M |
| Kentucky | 3 | $219K |
| Wyoming | 1 | $142K |
| Indiana | 1 | $125K |
| Pennsylvania | 1 | $90K |
Metro areas where Glenwood State Bank Incorporated funds
What Glenwood State Bank Incorporated funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 3 | $5.3M |
| Manufacturing | 2 | $2.2M |
| Transportation and Warehousing | 10 | $936K |
| Retail Trade | 5 | $616K |
| Mining and Extraction | 2 | $425K |
| Accommodation and Food Services | 4 | $424K |
Glenwood State Bank Incorporated SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2012 | 1 | $830K |
| 2014 | 1 | $123K |
| 2015 | 1 | $143K |
| 2016 | 7 | $839K |
| 2017 | 7 | $482K |
| 2018 | 3 | $458K |
| 2019 | 1 | $175K |
| 2020 | 2 | $415K |
| 2023 | 3 | $311K |
| 2024 | 1 | $95K |
| 2025 | 2 | $6.4M |
Related SBA lenders
Other lenders active in Minnesota or in Construction.
Comparing lenders? See how to choose an SBA lender by track record.
Glenwood State Bank Incorporated: frequently asked questions
Does Glenwood State Bank Incorporated offer SBA loans?
Yes. Glenwood State Bank Incorporated appears in the public SBA data with 29 funded SBA 7(a) loans totaling $10.3M.
How many SBA loans has Glenwood State Bank Incorporated made?
Glenwood State Bank Incorporated is associated with 29 SBA 7(a) loans totaling $10.3M in the public SBA data (as of 2026-03-31).
What is Glenwood State Bank Incorporated's SBA charge-off rate?
About 3.5% of Glenwood State Bank Incorporated'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 Glenwood State Bank Incorporated do most of its SBA lending?
Glenwood State Bank Incorporated's SBA lending in the data is most concentrated in Minnesota, and by industry in Construction.
Is Glenwood State Bank Incorporated an SBA Preferred Lender (PLP)?
The loan record shows Glenwood State Bank Incorporated operating under PLP delegated authority: 8 of its 7(a) loans (27.6%) were processed through the Preferred Lenders Program. 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). Glenwood State Bank Incorporated SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/glenwood-state-bank-incorporated/
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