SBAPULSE

Frandsen Bank & Trust

Headquartered in LONSDALE, MN

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7(a) Lending

Gross approval amounts

FY2025 Volume

$30.5M

FY2025 Loans

59

$518K avg size

FY2022–FY2026 Volume

$117.4M

FY2022–FY2026 Loans

203

Annual Trend

Approval volume (bars) and loan count (line)

Volume (left axis)Loans (right axis)

Geographic Footprint

Approval volume by project state, FY2025

Low
High

Activity by State

3 states, districts, and territories with activity

#
1MN46$23.6M$513K
2WI11$5.7M$521K
3ND2$1.2M$610K

504 Third Party Lending

First mortgage amounts committed alongside 504 debentures

FY2025 Volume

$22.5M

FY2025 Loans

11

$2.0M avg size

FY2022–FY2026 Volume

$59.1M

FY2022–FY2026 Loans

43

Annual Trend

Approval volume (bars) and loan count (line)

Volume (left axis)Loans (right axis)

Geographic Footprint

Approval volume by project state, FY2025

Low
High

Activity by State

1 state, districts, and territories with activity

#
1MN11$22.5M$2.0M

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.