Security Bank & Trust approved 14 SBA loans worth $7.7M between October 2021 and June 2026, ranking #1047 of 2,283 SBA lenders nationally by loan count. Its median loan was $492,150, and 21% went to startups or businesses under two years old. It lent in 3 states, most often in Minnesota, and its most financed industry was other services (repair, personal care).
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Minnesota | 12 | $6.6M | $467,100 | #83 |
| Iowa | 1 | $680K | $680,000 | #153 |
| Wisconsin | 1 | $400K | $400,000 | #233 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Other services (repair, personal care) | 5 | $349,900 | |
| Health care and social assistance | 3 | $400,000 | |
| Retail | 2 | $647,500 | |
| Manufacturing | 2 | $811,000 | |
| Arts, entertainment and recreation | 1 | $700,000 | |
| Wholesale trade | 1 | $584,300 |