SBAPULSE

American Equity Bank

Headquartered in MINNETONKA, MN

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7(a) Lending

Gross approval amounts

FY2022 Volume

$57.9M

FY2022 Loans

77

$752K avg size

FY2022–FY2026 Volume

$57.9M

FY2022–FY2026 Loans

77

Annual Trend

Approval volume (bars) and loan count (line)

Volume (left axis)Loans (right axis)

Geographic Footprint

Approval volume by project state, FY2022

Low
High

Activity by State

26 states, districts, and territories with activity

#
1TX15$14.9M$996K
2CA11$10.0M$909K
3IL2$3.0M$1.5M
4TN2$2.9M$1.4M
5MN7$2.8M$396K
6FL5$2.5M$509K
7WA4$2.4M$610K
8SC3$2.1M$714K
9NJ2$2.0M$1.0M
10NC4$1.8M$459K

Source: SBA lender activity reports, data as of Jun 30, 2026. Historical years reflect fiscal year-end figures and are not restated for subsequent acquisitions or mergers. See data sources & methodology.