SBA lender profile
State Bank of Taunton
State Bank of Taunton appears in the public SBA loan data with 2 funded 7(a) loans totaling $1.3M, an average of $668K per loan, and an estimated 34 jobs supported. Its SBA lending concentrates in Minnesota and the Health Care and Social Assistance 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
2
Total volume
$1.3M
Average loan size
$668K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
34
Programs
7(a)
Bank profile
via FDIC- Total assets
- $47M
- Headquarters
- Taunton, MN
- FDIC cert
- #16906
- Status
- Active
Where State Bank of Taunton lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 2 | $1.3M |
What State Bank of Taunton funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Health Care and Social Assistance | 1 | $1.3M |
| Accommodation and Food Services | 1 | $85K |
State Bank of Taunton SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2023 | 1 | $85K |
| 2025 | 1 | $1.3M |
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 State Bank of Taunton'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.