STRONG
How competitive are their spreads? Lower = better for you.
STRONG
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
845
2010–2026
Total Volume
$335M
Gross loan amounts
States Active
6
With recorded loans
Programs
7(a) & 504
845 total segments
21st Century Bank has a strong focus on existing businesses, with 63% of their deals serving this purpose. This could be beneficial if you're looking to acquire or expand an established company.
With an average 7(a) spread of P+1.82%, 21st Century Bank offers competitive pricing compared to the national median of P+2.75%. This can save you money on interest over the life of your loan.
The lender has a notable 20% share of 504 loans, which is above the national average. If your business needs real estate financing, this lender could be a strong option for you.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 171 504 loans, which use fixed SBA debenture rates.
States where 21st Century Bank has recorded SBA lending activity.
+ 1 more state
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Specialty Trade Contractors
Construction
Other Health Practitioners
Health Care & Social Assistance
Administrative & Waste Services
Administrative & Waste Services
Physician & Dental Offices
Health Care & Social Assistance
Wholesale Trade
Wholesale Trade
Transportation & Warehousing
Transportation & Warehousing
Real Estate
Real Estate
+ 7 more
All recorded SBA lending activity for 21st Century Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Minnesota · Manufacturing · Under $150K | 7(a) | 46 | P+2.00% | $82K | Q4 2021 |
| Minnesota · Other Health Practitioners · Under $150K | 7(a) | 30 | P+2.23% | $104K | Q2 2025 |
| Minnesota · Administrative & Waste Services · Under $150K | 7(a) | 27 | P+1.75% | $90K | Q4 2021 |
| Minnesota · Specialty Trade Contractors · Under $150K | 7(a) | 25 | P+1.75% | $88K | Q2 2023 |
| Minnesota · Physician & Dental Offices · Under $150K | 7(a) | 25 | P+2.50% | $64K | Q3 2025 |
| Minnesota · Manufacturing · $150K – $350K | 7(a) | 20 | P+1.75% | $257K | Q4 2025 |
| Minnesota · Transportation & Warehousing · Under $150K | 7(a) | 18 | P+1.81% | $80K | Q1 2019 |
| Minnesota · Specialty Trade Contractors · $150K – $350K | 7(a) | 15 | P+2.00% | $249K | Q2 2025 |
| Minnesota · Wholesale Trade · Under $150K | 7(a) | 14 | P+1.73% | $94K | Q3 2018 |
| Minnesota · Administrative & Waste Services · $150K – $350K | 7(a) | 14 | P+2.00% | $257K | Q1 2022 |
| Minnesota · Manufacturing · $150K – $350K | 504 | 13 | — | $227K | Q2 2025 |
| Minnesota · Manufacturing · $500K – $1M | 7(a) | 13 | P+2.25% | $681K | Q4 2025 |
| Minnesota · Arts, Entertainment & Recreation · Under $150K | 7(a) | 11 | P+2.20% | $78K | Q1 2025 |
| Minnesota · Building Construction · Under $150K | 7(a) | 11 | P+1.75% | $94K | Q4 2018 |
| Minnesota · Finance & Insurance · Under $150K | 7(a) | 10 | P+2.50% | $102K | Q1 2025 |
| Minnesota · Other Health Practitioners · $150K – $350K | 7(a) | 10 | P+1.82% | $258K | Q4 2022 |
| Minnesota · Specialty Trade Contractors · $500K – $1M | 7(a) | 9 | P+2.50% | $602K | Q1 2024 |
| Minnesota · Manufacturing · $350K – $500K | 7(a) | 9 | P+1.50% | $425K | Q2 2021 |
| Minnesota · Restaurants & Food Service · Under $150K | 7(a) | 9 | P+2.00% | $62K | Q3 2021 |
| Minnesota · Food & Beverage Stores · $150K – $350K | 7(a) | 9 | P+1.25% | $263K | Q4 2024 |
| Minnesota · Personal Care (Salons, Spas) · Under $150K | 7(a) | 8 | P+2.00% | $96K | Q2 2025 |
| Minnesota · Auto Repair & Maintenance · Under $150K | 7(a) | 8 | P+1.50% | $79K | Q3 2024 |
| Minnesota · Real Estate · $350K – $500K | 7(a) | 8 | P+1.38% | $414K | Q1 2022 |
| Minnesota · Real Estate · Under $150K | 7(a) | 8 | P+1.88% | $108K | Q1 2020 |
| Minnesota · Manufacturing · $500K – $1M | 504 | 8 | — | $686K | Q2 2021 |
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Real experiences from borrowers who closed SBA loans with 21st Century Bank.
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