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Bank · Loretto, MN

21st Century Bank: SBA lending profile

SBA 7(a) loans, October 2021 to June 30, 2026 · Updated October 15, 2026 · Lender website
102
SBA loans approved
$37.3M
Total approved
$250,000
Median loan
4
States lent in
28%
To startups
#352
National rank by loans

21st Century Bank approved 102 SBA loans worth $37.3M between October 2021 and June 2026, ranking #352 of 2,283 SBA lenders nationally by loan count. Its median loan was $250,000, and 28% went to startups or businesses under two years old. It lent in 4 states, most often in Minnesota, and its most financed industry was health care and social assistance.

SBA loans per fiscal year

0275380FY14: 50 loansFY14FY15: 58 loansFY15FY16: 42 loansFY16FY17: 50 loansFY17FY18: 54 loansFY18FY19: 59 loansFY19FY20: 73 loansFY2073FY21: 62 loansFY21FY22: 35 loansFY22FY23: 11 loansFY23FY24: 16 loansFY24FY25: 25 loansFY25FY26 (Oct to Jun): 15 loansFY2615
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

Where 21st Century Bank lends

StateLoansApprovedMedian loanRank in state
Minnesota99$36.3M$250,000#22
Florida1$410K$410,000#344
Georgia1$450K$450,000#227
Wisconsin1$133K$133,000#263

Industries 21st Century Bank finances

IndustryLoansShareMedian loan
Health care and social assistance20
20%
$320,000
Other services (repair, personal care)13
13%
$133,000
Manufacturing11
11%
$250,000
Arts, entertainment and recreation9
9%
$240,300
Construction8
8%
$268,500
Administrative and support services7
7%
$237,000
Professional and technical services6
6%
$392,250
Restaurants and hotels6
6%
$442,500
Retail5
5%
$250,000
Wholesale trade4
4%
$300,000
Loan size mix
  • Under $150,00028%
  • $150,000 to $500,00050%
  • $500,000 to $2 million21%
  • $2 million and up1%
Loan programs used
  • Preferred Lender (PLP)81%
  • SBA Express16%
  • PLP MARC2%
  • 7(a) WCP1%
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.