SBA lender profile
Kensington Bank
Kensington Bank appears in the public SBA loan data with 31 funded 7(a) loans totaling $5.6M, an average of $179K per loan, and an estimated 256 jobs supported. Its SBA lending concentrates in Minnesota and the Retail Trade sector. Across all of its loans in the data, its charge-off rate is 3.2%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
31
Total volume
$5.6M
Average loan size
$179K
Charge-off rate
3.2%
Share of funded loans charged off
Jobs supported (reported)
256
Programs
7(a)
Bank profile
via FDIC- Total assets
- $451M
- Headquarters
- Kensington, MN
- FDIC cert
- #1409
- Status
- Active
Where Kensington Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 31 | $5.6M |
What Kensington Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 4 | $1.3M |
| Wholesale Trade | 3 | $925K |
| Construction | 2 | $742K |
| Professional and Technical Services | 4 | $665K |
| Health Care and Social Assistance | 6 | $590K |
| Manufacturing | 3 | $494K |
Kensington Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 7 | $698K |
| 2021 | 7 | $1.4M |
| 2022 | 7 | $1.6M |
| 2023 | 9 | $1.7M |
| 2024 | 1 | $150K |
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 Kensington 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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