SBA lender profile
Northeast Bank
Northeast Bank appears in the public SBA loan data with 15,468 funded 7(a) loans since FY2010, totaling $2.7B, an average of $172K per loan, and an estimated 104,418 jobs supported. Its SBA lending concentrates in California and the Construction sector. Across its 7(a) loans, the charge-off rate is 2.2%. 96.2% 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 79
- Scale 99
- Activity 100
- Consistency 73
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Northeast Bank the right lender for you?
Lenders fund what they know. Northeast Bank's SBA lending concentrates in California (2,221 loans) and Construction (2,311 loans), at an average loan of $172K. 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
- $838M
- Headquarters
- Minneapolis, MN
- FDIC cert
- #16659
- Status
- Active
Where Northeast Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| California | 2,221 | $388.2M |
| Florida | 1,430 | $243.6M |
| Texas | 1,356 | $240.5M |
| New York | 1,014 | $191.7M |
| New Jersey | 705 | $125.8M |
| Minnesota | 385 | $103.9M |
Metro areas where Northeast Bank funds
What Northeast Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 2,311 | $408.7M |
| Accommodation and Food Services | 1,369 | $355.1M |
| Retail Trade | 1,849 | $325.5M |
| Professional and Technical Services | 2,099 | $309.6M |
| Health Care and Social Assistance | 1,287 | $229.2M |
| Other Services | 1,340 | $193.9M |
Northeast Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 63 | $22.0M |
| 2011 | 49 | $27.8M |
| 2012 | 27 | $10.1M |
| 2013 | 45 | $16.2M |
| 2014 | 68 | $25.9M |
| 2015 | 178 | $82.0M |
| 2016 | 254 | $92.7M |
| 2017 | 547 | $123.3M |
| 2018 | 907 | $160.4M |
| 2019 | 530 | $97.4M |
| 2020 | 29 | $5.9M |
| 2021 | 20 | $9.5M |
| 2022 | 114 | $11.9M |
| 2023 | 463 | $36.8M |
| 2024 | 2,567 | $293.7M |
| 2025 | 7,815 | $1.3B |
| 2026 | 1,792 | $333.9M |
Related SBA lenders
Other lenders active in California or in Construction.
Comparing lenders? See how to choose an SBA lender by track record.
Northeast Bank: frequently asked questions
Does Northeast Bank offer SBA loans?
Yes. Northeast Bank appears in the public SBA data with 15,468 funded SBA 7(a) loans totaling $2.7B.
How many SBA loans has Northeast Bank made?
Northeast Bank is associated with 15,468 SBA 7(a) loans totaling $2.7B in the public SBA data (as of 2026-03-31).
What is Northeast Bank's SBA charge-off rate?
About 2.2% of Northeast 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 Northeast Bank do most of its SBA lending?
Northeast Bank's SBA lending in the data is most concentrated in California, and by industry in Construction.
Is Northeast Bank an SBA Preferred Lender (PLP)?
The loan record shows Northeast Bank operating under PLP delegated authority: 14,881 of its 7(a) loans (96.2%) were processed through the Preferred Lenders Program, including 12,162 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). Northeast Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/northeast-bank/
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