GOOD
How competitive are their spreads? Lower = better for you.
GOOD
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
111
2010–2025
Total Volume
$35M
Gross loan amounts
States Active
2
With recorded loans
Programs
7(a) & 504
111 total segments
Border Bank has a strong focus on existing businesses, with 76% of their deals serving this purpose. This makes them a good choice for established companies looking for financing.
With an average 7(a) spread of P+2.65%, Border Bank offers competitive pricing compared to the national median of P+2.75%. This could save you money on interest over the life of your loan.
Border Bank's deal volume has decreased by 43% year-over-year, indicating a potential pullback in lending activity. This trend may affect your chances of approval or the speed of processing.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 18 504 loans, which use fixed SBA debenture rates.
States where Border Bank has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Transportation & Warehousing
Transportation & Warehousing
Hotels & Accommodation
Accommodation & Food Services
Restaurants & Food Service
Accommodation & Food Services
Retail Trade
Retail Trade
Manufacturing
Manufacturing
Food & Beverage Stores
Retail Trade
Wholesale Trade
Wholesale Trade
Other Health Practitioners
Health Care & Social Assistance
+ 7 more
All recorded SBA lending activity for Border Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| North Dakota · Retail Trade · Under $150K | 7(a) | 6 | P+3.75% | $67K | Q2 2022 |
| Minnesota · Hotels & Accommodation · Under $150K | 7(a) | 6 | P+2.25% | $59K | Q1 2020 |
| Minnesota · Transportation & Warehousing · Under $150K | 7(a) | 6 | P+3.88% | $66K | Q2 2012 |
| North Dakota · Transportation & Warehousing · Under $150K | 7(a) | 5 | P+4.86% | $49K | Q2 2014 |
| Minnesota · Wholesale Trade · Under $150K | 7(a) | 4 | P+2.75% | $53K | Q3 2013 |
| North Dakota · Manufacturing · Under $150K | 7(a) | 4 | P+3.13% | $74K | Q2 2012 |
| North Dakota · Other Health Practitioners · Under $150K | 7(a) | 3 | P+3.00% | $59K | Q1 2012 |
| Minnesota · Food & Beverage Stores · Under $150K | 7(a) | 3 | P+2.00% | $89K | Q4 2010 |
| Minnesota · Manufacturing · Under $150K | 7(a) | 2 | P+2.63% | $59K | Q1 2016 |
| North Dakota · Management & IT Consulting · Under $150K | 7(a) | 2 | P+3.00% | $38K | Q3 2016 |
| Minnesota · Accounting & Tax · Under $150K | 7(a) | 2 | P+2.25% | $15K | Q4 2012 |
| Minnesota · Hotels & Accommodation · $1M – $2M | 7(a) | 2 | P+0.57% | $1.3M | Q3 2019 |
| North Dakota · Restaurants & Food Service · $150K – $350K | 7(a) | 2 | P+3.13% | $278K | Q3 2020 |
| North Dakota · General Merchandise · Under $150K | 7(a) | 2 | P+3.50% | $90K | Q3 2014 |
| Minnesota · Gas Stations · $150K – $350K | 7(a) | 2 | P+2.38% | $233K | Q4 2010 |
| Minnesota · Restaurants & Food Service · $500K – $1M | 504 | 2 | — | $784K | Q2 2019 |
| Minnesota · Arts, Entertainment & Recreation · Under $150K | 7(a) | 2 | P+2.25% | $83K | Q1 2017 |
| Minnesota · Restaurants & Food Service · $150K – $350K | 504 | 2 | — | $241K | Q1 2012 |
| North Dakota · Personal Care (Salons, Spas) · Under $150K | 7(a) | 2 | P+3.75% | $78K | Q3 2011 |
| North Dakota · Heavy & Civil Engineering · $150K – $350K | 7(a) | 1 | P+3.25% | $281K | Q4 2012 |
| North Dakota · Auto Dealers & Parts · Under $150K | 7(a) | 1 | P+4.25% | $25K | Q1 2010 |
| North Dakota · Food & Beverage Stores · Under $150K | 7(a) | 1 | P+2.75% | $102K | Q4 2009 |
| North Dakota · General Merchandise · $150K – $350K | 7(a) | 1 | P+2.25% | $300K | Q1 2010 |
| North Dakota · Miscellaneous Retail · Under $150K | 7(a) | 1 | P+2.75% | $54K | Q3 2010 |
| North Dakota · Miscellaneous Retail · $150K – $350K | 7(a) | 1 | P+2.75% | $198K | Q4 2012 |
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