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SBA lender profile

Northern State Bank of Thief River Falls

Northern State Bank of Thief River Falls appears in the public SBA loan data with 5 funded 7(a) loans since FY2010, totaling $1.2M, an average of $240K per loan, and an estimated 48 jobs supported. Its SBA lending concentrates in Minnesota and the Wholesale Trade sector. With only 5 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
5
Since FY2010
Total volume
$1.2M
Average loan size
$240K
7(a) charge-off rate
Insufficient data
Only 5 7(a) loans in the data
Jobs supported (reported)
48
Programs
7(a)

Is Northern State Bank of Thief River Falls the right lender for you?

Northern State Bank of Thief River Falls appears in the SBA record with 5 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
$482M
Headquarters
Thief River Falls, MN
FDIC cert
#15286
Status
Active

Where Northern State Bank of Thief River Falls lends

Top states by funded SBA volume.

StateLoansTotal volume
Minnesota 5 $1.2M

What Northern State Bank of Thief River Falls funds

Top industries by funded SBA volume.

IndustryLoansTotal volume
Wholesale Trade 1 $650K
Manufacturing 2 $324K
Accommodation and Food Services 1 $125K
Retail Trade 1 $100K

Northern State Bank of Thief River Falls SBA lending by year

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

Fiscal yearLoansTotal volume
20113$974K
20121$100K
20241$125K

Related SBA lenders

Other lenders active in Minnesota or in Wholesale Trade.

Comparing lenders? See how to choose an SBA lender by track record.

Northern State Bank of Thief River Falls: frequently asked questions

Does Northern State Bank of Thief River Falls offer SBA loans?

Yes. Northern State Bank of Thief River Falls appears in the public SBA data with 5 funded SBA 7(a) loans totaling $1.2M.

How many SBA loans has Northern State Bank of Thief River Falls made?

Northern State Bank of Thief River Falls is associated with 5 SBA 7(a) loans totaling $1.2M in the public SBA data (as of 2026-03-31).

What is Northern State Bank of Thief River Falls's SBA charge-off rate?

Northern State Bank of Thief River Falls appears with only 5 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 Northern State Bank of Thief River Falls do most of its SBA lending?

Northern State Bank of Thief River Falls's SBA lending in the data is most concentrated in Minnesota, and by industry in Wholesale Trade.

For Northern State Bank of Thief River Falls

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 Northern State Bank of Thief River Falls'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). Northern State Bank of Thief River Falls SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/northern-state-bank-of-thief-river-falls/

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