SBA lender profile
Star Bank
Star Bank appears in the public SBA loan data with 7 funded 7(a) loans totaling $499K, an average of $71K per loan, and an estimated 27 jobs supported. Its SBA lending concentrates in Minnesota and the Accommodation and Food Services sector. Across all of its loans in the data, its charge-off rate is 14.3%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
7
Total volume
$499K
Average loan size
$71K
Charge-off rate
14.3%
Share of funded loans charged off
Jobs supported (reported)
27
Programs
7(a)
Bank profile
via FDIC- Total assets
- $457M
- Headquarters
- Maple Lake, MN
- FDIC cert
- #5095
- Status
- Active
Where Star Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 7 | $499K |
What Star Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 2 | $199K |
| Agriculture, Forestry, Fishing | 1 | $151K |
| Other Services | 3 | $124K |
| Wholesale Trade | 1 | $25K |
Star Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 3 | $259K |
| 2022 | 1 | $184K |
| 2023 | 3 | $56K |
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 Star 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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