SBA lender profile
South Story Bank & Trust
South Story Bank & Trust appears in the public SBA loan data with 4 funded 7(a) loans totaling $9.2M, an average of $2.3M per loan, and an estimated 80 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
4
Total volume
$9.2M
Average loan size
$2.3M
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
80
Programs
7(a)
Bank profile
via FDIC- Total assets
- $607M
- Headquarters
- Slater, IA
- FDIC cert
- #17348
- Status
- Active
Where South Story Bank & Trust lends
Top states by funded SBA volume.
What South Story Bank & Trust funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 1 | $5.0M |
| Wholesale Trade | 1 | $3.0M |
| Health Care and Social Assistance | 1 | $776K |
| Administrative and Support | 1 | $470K |
South Story Bank & Trust SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2021 | 1 | $776K |
| 2023 | 2 | $5.5M |
| 2025 | 1 | $3.0M |
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 South Story Bank & Trust'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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