SBA lender profile
MidCountry Bank
MidCountry Bank appears in the public SBA loan data with 80 funded 7(a) loans since FY2010, totaling $57.1M, an average of $714K per loan, and an estimated 1,088 jobs supported. Its SBA lending concentrates in Minnesota and the Retail Trade sector. Across its 7(a) loans, the charge-off rate is 2.5%. 38.8% 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 73
- Scale 52
- Activity 47
- Consistency 78
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is MidCountry Bank the right lender for you?
Lenders fund what they know. MidCountry Bank's SBA lending concentrates in Minnesota (78 loans) and Retail Trade (14 loans), at an average loan of $714K. 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
- $1.0B
- Headquarters
- Minneapolis, MN
- FDIC cert
- #28865
- Status
- Active
Where MidCountry Bank lends
Top states by funded SBA volume.
What MidCountry Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 14 | $16.9M |
| Wholesale Trade | 10 | $7.2M |
| Administrative and Support | 4 | $6.2M |
| Transportation and Warehousing | 5 | $6.0M |
| Agriculture, Forestry, Fishing | 2 | $3.2M |
| Accommodation and Food Services | 2 | $3.0M |
MidCountry Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 4 | $3.1M |
| 2011 | 6 | $1.2M |
| 2012 | 3 | $185K |
| 2013 | 1 | $2.0M |
| 2014 | 6 | $7.5M |
| 2015 | 6 | $4.8M |
| 2016 | 9 | $6.5M |
| 2017 | 11 | $10.1M |
| 2018 | 2 | $1.2M |
| 2019 | 3 | $192K |
| 2020 | 6 | $5.4M |
| 2021 | 10 | $8.4M |
| 2022 | 3 | $283K |
| 2023 | 5 | $2.6M |
| 2024 | 2 | $2.4M |
| 2026 | 3 | $1.2M |
Related SBA lenders
Other lenders active in Minnesota or in Retail Trade.
Comparing lenders? See how to choose an SBA lender by track record.
MidCountry Bank: frequently asked questions
Does MidCountry Bank offer SBA loans?
Yes. MidCountry Bank appears in the public SBA data with 80 funded SBA 7(a) loans totaling $57.1M.
How many SBA loans has MidCountry Bank made?
MidCountry Bank is associated with 80 SBA 7(a) loans totaling $57.1M in the public SBA data (as of 2026-03-31).
What is MidCountry Bank's SBA charge-off rate?
About 2.5% of MidCountry 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 MidCountry Bank do most of its SBA lending?
MidCountry Bank's SBA lending in the data is most concentrated in Minnesota, and by industry in Retail Trade.
Is MidCountry Bank an SBA Preferred Lender (PLP)?
The loan record shows MidCountry Bank operating under PLP delegated authority: 31 of its 7(a) loans (38.8%) were processed through the Preferred Lenders Program, including 1 in FY2024–2026. 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). MidCountry Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/midcountry-bank/
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