SBA lender profile
Security State Bank of Hibbing
Security State Bank of Hibbing appears in the public SBA loan data with 1 funded 7(a) loan totaling $2.0M, an average of $2.0M per loan, and an estimated 50 jobs supported. Its SBA lending concentrates in Minnesota and the Manufacturing 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
1
Total volume
$2.0M
Average loan size
$2.0M
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
50
Programs
7(a)
Bank profile
via FDIC- Total assets
- $146M
- Headquarters
- Hibbing, MN
- FDIC cert
- #10175
- Status
- Active
Where Security State Bank of Hibbing lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 1 | $2.0M |
What Security State Bank of Hibbing funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 1 | $2.0M |
Security State Bank of Hibbing SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 1 | $2.0M |
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 State Bank of Hibbing'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.
Looking for a lender like this?
Compare a few SBA lenders by track record, then get matched with SBA-approved lenders that fund businesses like yours.