SBA lender profile
Security Bank Minnesota
Security Bank Minnesota appears in the public SBA loan data with 32 funded 7(a) loans since FY2010, totaling $2.8M, an average of $87K per loan, and an estimated 178 jobs supported. Its SBA lending concentrates in Minnesota and the Professional and Technical Services sector. Across its 7(a) loans, the charge-off rate is 3.1%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 69
- Scale 3
- Activity 17
- Consistency 74
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Security Bank Minnesota the right lender for you?
Lenders fund what they know. Security Bank Minnesota's SBA lending concentrates in Minnesota (32 loans) and Professional and Technical Services (8 loans), at an average loan of $87K. 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
- $152M
- Headquarters
- Albert Lea, MN
- FDIC cert
- #10984
- Status
- Active
Where Security Bank Minnesota lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 32 | $2.8M |
Metro areas where Security Bank Minnesota funds
What Security Bank Minnesota funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Professional and Technical Services | 8 | $550K |
| Retail Trade | 3 | $490K |
| Agriculture, Forestry, Fishing | 5 | $406K |
| Manufacturing | 2 | $400K |
| Health Care and Social Assistance | 3 | $269K |
| Transportation and Warehousing | 5 | $255K |
Security Bank Minnesota SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 1 | $85K |
| 2011 | 1 | $50K |
| 2012 | 1 | $300K |
| 2014 | 6 | $289K |
| 2015 | 3 | $325K |
| 2016 | 2 | $200K |
| 2017 | 3 | $275K |
| 2018 | 4 | $311K |
| 2019 | 4 | $445K |
| 2020 | 1 | $76K |
| 2021 | 1 | $100K |
| 2022 | 1 | $14K |
| 2023 | 3 | $220K |
| 2024 | 1 | $100K |
Related SBA lenders
Other lenders active in Minnesota or in Professional and Technical Services.
Comparing lenders? See how to choose an SBA lender by track record.
Security Bank Minnesota: frequently asked questions
Does Security Bank Minnesota offer SBA loans?
Yes. Security Bank Minnesota appears in the public SBA data with 32 funded SBA 7(a) loans totaling $2.8M.
How many SBA loans has Security Bank Minnesota made?
Security Bank Minnesota is associated with 32 SBA 7(a) loans totaling $2.8M in the public SBA data (as of 2026-03-31).
What is Security Bank Minnesota's SBA charge-off rate?
About 3.1% of Security Bank Minnesota'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 Security Bank Minnesota do most of its SBA lending?
Security Bank Minnesota's SBA lending in the data is most concentrated in Minnesota, and by industry in Professional and Technical Services.
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). Security Bank Minnesota SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/security-bank-minnesota/
Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.
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