SBA lender profile
Summit Community Bank
Summit Community Bank appears in the public SBA loan data with 34 funded 7(a) loans since FY2010, totaling $10.0M, an average of $294K per loan, and an estimated 734 jobs supported. Its SBA lending concentrates in Minnesota and the Retail Trade sector. Across its 7(a) loans, the charge-off rate is 17.6%. 17.6% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 38
- Scale 16
- Activity 0
- Consistency 43
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Summit Community Bank the right lender for you?
Lenders fund what they know. Summit Community Bank's SBA lending concentrates in Minnesota (34 loans) and Retail Trade (6 loans), at an average loan of $294K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Where Summit Community Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 34 | $10.0M |
What Summit Community Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 6 | $4.5M |
| Health Care and Social Assistance | 12 | $1.8M |
| Construction | 6 | $1.0M |
| Accommodation and Food Services | 1 | $600K |
| Wholesale Trade | 1 | $600K |
| Professional and Technical Services | 2 | $490K |
Summit Community Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 2 | $2.2M |
| 2011 | 5 | $1.4M |
| 2012 | 16 | $4.0M |
| 2013 | 9 | $1.9M |
| 2014 | 2 | $410K |
Related SBA lenders
Other lenders active in Minnesota or in Retail Trade.
Comparing lenders? See how to choose an SBA lender by track record.
Summit Community Bank: frequently asked questions
Does Summit Community Bank offer SBA loans?
Yes. Summit Community Bank appears in the public SBA data with 34 funded SBA 7(a) loans totaling $10.0M.
How many SBA loans has Summit Community Bank made?
Summit Community Bank is associated with 34 SBA 7(a) loans totaling $10.0M in the public SBA data (as of 2026-03-31).
What is Summit Community Bank's SBA charge-off rate?
About 17.6% of Summit Community Bank's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does Summit Community Bank do most of its SBA lending?
Summit Community Bank's SBA lending in the data is most concentrated in Minnesota, and by industry in Retail Trade.
Is Summit Community Bank an SBA Preferred Lender (PLP)?
The loan record shows Summit Community Bank operating under PLP delegated authority: 6 of its 7(a) loans (17.6%) were processed through the Preferred Lenders Program. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). Summit Community Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/summit-community-bank/
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