SBA lender profile
Kensington Bank
Kensington Bank appears in the public SBA loan data with 77 funded 7(a) loans since FY2010, totaling $22.2M, an average of $288K per loan, and an estimated 715 jobs supported. Its SBA lending concentrates in Minnesota and the Construction sector. Across its 7(a) loans, the charge-off rate is 3.9%. 5.2% 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 67
- Scale 39
- Activity 31
- Consistency 68
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Kensington Bank the right lender for you?
Lenders fund what they know. Kensington Bank's SBA lending concentrates in Minnesota (77 loans) and Construction (9 loans), at an average loan of $288K. 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.
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 | 77 | $22.2M |
Metro areas where Kensington Bank funds
What Kensington Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 9 | $6.6M |
| Manufacturing | 8 | $3.4M |
| Retail Trade | 14 | $3.4M |
| Accommodation and Food Services | 12 | $2.8M |
| Wholesale Trade | 4 | $1.5M |
| Other Services | 4 | $1.2M |
Kensington Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 7 | $1.8M |
| 2011 | 4 | $440K |
| 2012 | 1 | $2.6M |
| 2014 | 5 | $770K |
| 2015 | 4 | $686K |
| 2016 | 3 | $422K |
| 2017 | 9 | $1.4M |
| 2018 | 10 | $7.7M |
| 2019 | 3 | $915K |
| 2020 | 7 | $698K |
| 2021 | 7 | $1.4M |
| 2022 | 7 | $1.6M |
| 2023 | 9 | $1.7M |
| 2024 | 1 | $150K |
Related SBA lenders
Other lenders active in Minnesota or in Construction.
Comparing lenders? See how to choose an SBA lender by track record.
Kensington Bank: frequently asked questions
Does Kensington Bank offer SBA loans?
Yes. Kensington Bank appears in the public SBA data with 77 funded SBA 7(a) loans totaling $22.2M.
How many SBA loans has Kensington Bank made?
Kensington Bank is associated with 77 SBA 7(a) loans totaling $22.2M in the public SBA data (as of 2026-03-31).
What is Kensington Bank's SBA charge-off rate?
About 3.9% of Kensington Bank'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 Kensington Bank do most of its SBA lending?
Kensington Bank's SBA lending in the data is most concentrated in Minnesota, and by industry in Construction.
Is Kensington Bank an SBA Preferred Lender (PLP)?
The loan record shows Kensington Bank operating under PLP delegated authority: 4 of its 7(a) loans (5.2%) 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). Kensington Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/kensington-bank/
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