SBA lender profile
Granite Bank
Granite Bank appears in the public SBA loan data with 202 funded 7(a) loans totaling $51.3M, an average of $254K per loan, and an estimated 1,807 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 1.5%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
202
Total volume
$51.3M
Average loan size
$254K
Charge-off rate
1.5%
Share of funded loans charged off
Jobs supported (reported)
1,807
Programs
7(a)
Bank profile
via FDIC- Total assets
- $1.0B
- Headquarters
- Keene, NH
- FDIC cert
- #17992
- Status
- Inactive
Where Granite Bank lends
Top states by funded SBA volume.
What Granite Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 31 | $9.7M |
| Manufacturing | 13 | $7.8M |
| Transportation and Warehousing | 58 | $7.6M |
| Accommodation and Food Services | 19 | $6.9M |
| Retail Trade | 14 | $4.3M |
| Wholesale Trade | 7 | $4.0M |
Granite Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 37 | $9.7M |
| 2021 | 56 | $17.8M |
| 2022 | 41 | $7.0M |
| 2023 | 26 | $4.7M |
| 2024 | 23 | $6.9M |
| 2025 | 14 | $2.6M |
| 2026 | 5 | $2.6M |
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 Granite Bank'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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