SBA lender profile
Stearns Bank National Association
Stearns Bank National Association appears in the public SBA loan data with 958 funded 7(a) loans totaling $428.0M, an average of $447K per loan, and an estimated 11,354 jobs supported. Its SBA lending concentrates in Florida and the Other Services sector. Across all of its loans in the data, its charge-off rate is 1.8%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
958
Total volume
$428.0M
Average loan size
$447K
Charge-off rate
1.8%
Share of funded loans charged off
Jobs supported (reported)
11,354
Programs
7(a)
Bank profile
via FDIC- Total assets
- $3.3B
- Headquarters
- Saint Cloud, MN
- FDIC cert
- #10988
- Status
- Active
Where Stearns Bank National Association lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Florida | 101 | $52.9M |
| Texas | 103 | $51.8M |
| California | 93 | $51.1M |
| Minnesota | 69 | $41.1M |
| New York | 44 | $20.8M |
| North Carolina | 32 | $17.4M |
What Stearns Bank National Association funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Other Services | 117 | $108.1M |
| Accommodation and Food Services | 148 | $73.4M |
| Health Care and Social Assistance | 141 | $45.3M |
| Construction | 76 | $34.2M |
| Transportation and Warehousing | 52 | $26.5M |
| Retail Trade | 71 | $23.8M |
Stearns Bank National Association SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 311 | $78.6M |
| 2021 | 62 | $52.2M |
| 2022 | 94 | $66.6M |
| 2023 | 118 | $57.1M |
| 2024 | 157 | $84.7M |
| 2025 | 172 | $76.8M |
| 2026 | 44 | $12.1M |
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 Stearns Bank National Association'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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