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SBA lender profile

Lake Country Community Bank

Lake Country Community Bank appears in the public SBA loan data with 6 funded 7(a) loans since FY2010, totaling $5.7M, an average of $948K per loan, and an estimated 102 jobs supported. Its SBA lending concentrates in Minnesota and the Construction sector. With only 6 7(a) loans in the data, the sample is too small to read a charge-off rate as a track record.

By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)

Funded loans
6
Since FY2010
Total volume
$5.7M
Average loan size
$948K
7(a) charge-off rate
Insufficient data
Only 6 7(a) loans in the data
Jobs supported (reported)
102
Programs
7(a)

Is Lake Country Community Bank the right lender for you?

Lake Country Community Bank appears in the SBA record with 6 funded loans since FY2010, too few to read as a lending pattern. That is not a mark against the institution, but it does mean the record cannot tell you whether it lends to businesses like yours. Lenders with a deeper track record in your state and industry can.

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Bank profile

via FDIC
Total assets
$31M
Headquarters
Morristown, MN
FDIC cert
#17122
Status
Active

Where Lake Country Community Bank lends

Top states by funded SBA volume.

StateLoansTotal volume
Minnesota 6 $5.7M

What Lake Country Community Bank funds

Top industries by funded SBA volume.

IndustryLoansTotal volume
Construction 2 $2.9M
Mining and Extraction 1 $1.4M
Administrative and Support 1 $825K
Retail Trade 1 $420K
Professional and Technical Services 1 $185K

Lake Country Community Bank SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
20101$420K
20141$825K
20151$1.4M
20161$1.5M
20231$1.4M
20241$185K

Related SBA lenders

Other lenders active in Minnesota or in Construction.

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Lake Country Community Bank: frequently asked questions

Does Lake Country Community Bank offer SBA loans?

Yes. Lake Country Community Bank appears in the public SBA data with 6 funded SBA 7(a) loans totaling $5.7M.

How many SBA loans has Lake Country Community Bank made?

Lake Country Community Bank is associated with 6 SBA 7(a) loans totaling $5.7M in the public SBA data (as of 2026-03-31).

What is Lake Country Community Bank's SBA charge-off rate?

Lake Country Community Bank appears with only 6 7(a) loans in the data, too few for a charge-off rate to be meaningful as a track record. The SBA Lender Score treats fewer than 20 loans as insufficient data for the same reason; see our methodology.

Where does Lake Country Community Bank do most of its SBA lending?

Lake Country Community Bank's SBA lending in the data is most concentrated in Minnesota, and by industry in Construction.

For Lake Country Community Bank

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.

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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 Lake Country Community Bank's 7(a) loans marked charged off (504 loans do not report charge-off status); 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.
Cite this analysis

Mario Bailey. (2026). Lake Country Community Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/lake-country-community-bank/

Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.

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