SBA lender profile
MidCountry Bank
MidCountry Bank appears in the public SBA loan data with 29 funded 7(a) loans totaling $20.3M, an average of $701K per loan, and an estimated 201 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 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
29
Total volume
$20.3M
Average loan size
$701K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
201
Programs
7(a)
Bank profile
via FDIC- Total assets
- $1.0B
- Headquarters
- Minneapolis, MN
- FDIC cert
- #28865
- Status
- Active
Where MidCountry Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 29 | $20.3M |
What MidCountry Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 11 | $6.9M |
| Administrative and Support | 3 | $6.0M |
| Wholesale Trade | 2 | $2.4M |
| Health Care and Social Assistance | 2 | $1.6M |
| Manufacturing | 2 | $1.1M |
| Construction | 2 | $1.1M |
MidCountry Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 6 | $5.4M |
| 2021 | 10 | $8.4M |
| 2022 | 3 | $283K |
| 2023 | 5 | $2.6M |
| 2024 | 2 | $2.4M |
| 2026 | 3 | $1.2M |
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 MidCountry 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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