SBA lender profile
United Minnesota Bank
United Minnesota Bank appears in the public SBA loan data with 14 funded 7(a) loans totaling $3.5M, an average of $250K per loan, and an estimated 88 jobs supported. Its SBA lending concentrates in Minnesota and the Construction 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
14
Total volume
$3.5M
Average loan size
$250K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
88
Programs
7(a)
Bank profile
via FDIC- Total assets
- $54M
- Headquarters
- New London, MN
- FDIC cert
- #10567
- Status
- Active
Where United Minnesota Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 14 | $3.5M |
What United Minnesota Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 10 | $2.3M |
| Professional and Technical Services | 2 | $825K |
| Retail Trade | 1 | $200K |
| Transportation and Warehousing | 1 | $150K |
United Minnesota Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2021 | 2 | $525K |
| 2023 | 5 | $1.4M |
| 2024 | 5 | $1.1M |
| 2026 | 2 | $479K |
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 United Minnesota 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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