SBA lender profile
Security Bank USA
Security Bank USA appears in the public SBA loan data with 165 funded 7(a) loans totaling $19.1M, an average of $116K per loan, and an estimated 777 jobs supported. Its SBA lending concentrates in Minnesota and the Construction 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
165
Total volume
$19.1M
Average loan size
$116K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
777
Programs
7(a)
Bank profile
via FDIC- Total assets
- $276M
- Headquarters
- Bemidji, MN
- FDIC cert
- #1604
- Status
- Active
Where Security Bank USA lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 158 | $18.0M |
| Tennessee | 3 | $505K |
| North Dakota | 2 | $409K |
| Arizona | 1 | $150K |
| California | 1 | $81K |
What Security Bank USA funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 26 | $3.4M |
| Transportation and Warehousing | 33 | $2.9M |
| Manufacturing | 8 | $2.7M |
| Accommodation and Food Services | 16 | $2.4M |
| Retail Trade | 19 | $1.9M |
| Administrative and Support | 11 | $1.3M |
Security Bank USA SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 53 | $4.7M |
| 2021 | 43 | $4.4M |
| 2022 | 18 | $2.4M |
| 2023 | 20 | $3.9M |
| 2024 | 13 | $1.7M |
| 2025 | 15 | $1.6M |
| 2026 | 3 | $425K |
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 Security Bank USA'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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