SBA lender profile
Premier Bank
Premier Bank appears in the public SBA loan data with 16 funded 7(a) loans totaling $1.7M, an average of $108K per loan, and an estimated 92 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
16
Total volume
$1.7M
Average loan size
$108K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
92
Programs
7(a)
Bank profile
via FDIC- Total assets
- $1.2B
- Headquarters
- Maplewood, MN
- FDIC cert
- #21714
- Status
- Active
Where Premier Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 14 | $1.5M |
| Iowa | 1 | $166K |
| South Dakota | 1 | $75K |
What Premier Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 4 | $606K |
| Health Care and Social Assistance | 4 | $485K |
| Professional and Technical Services | 4 | $395K |
| Other Services | 2 | $80K |
| Accommodation and Food Services | 1 | $80K |
| Construction | 1 | $75K |
Premier Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 4 | $460K |
| 2021 | 4 | $486K |
| 2022 | 1 | $75K |
| 2023 | 3 | $145K |
| 2024 | 4 | $555K |
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 Premier 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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