SBA lender profile
Glenwood State Bank Incorporated
Glenwood State Bank Incorporated appears in the public SBA loan data with 8 funded 7(a) loans totaling $7.2M, an average of $902K per loan, and an estimated 76 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
8
Total volume
$7.2M
Average loan size
$902K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
76
Programs
7(a)
Where Glenwood State Bank Incorporated lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 7 | $5.2M |
| North Dakota | 1 | $2.0M |
What Glenwood State Bank Incorporated funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 1 | $4.4M |
| Manufacturing | 1 | $2.0M |
| Retail Trade | 4 | $546K |
| Real Estate | 1 | $180K |
| Professional and Technical Services | 1 | $95K |
Glenwood State Bank Incorporated SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 2 | $415K |
| 2023 | 3 | $311K |
| 2024 | 1 | $95K |
| 2025 | 2 | $6.4M |
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 Glenwood State Bank Incorporated'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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