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
706
2010–2026
Total Volume
$321M
Gross loan amounts
States Active
5
With recorded loans
Programs
7(a) & 504
706 total segments
Frandsen Bank and Trust has a strong focus on existing businesses, making up 55% of their deals. This is beneficial for borrowers looking to expand or refinance established operations.
With an average 7(a) spread of P+1.95%, Frandsen Bank and Trust offers competitive pricing compared to the national median of P+2.75%. This could lead to significant savings on interest costs for borrowers.
The lender has a notable 22% share of 504 loans, which is above the national average. This indicates a strong capability in financing real estate and larger projects, appealing to borrowers in those sectors.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 157 504 loans, which use fixed SBA debenture rates.
States where Frandsen Bank and Trust has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Restaurants & Food Service
Accommodation & Food Services
Specialty Trade Contractors
Construction
Wholesale Trade
Wholesale Trade
Auto Repair & Maintenance
Other Services
Administrative & Waste Services
Administrative & Waste Services
Other Health Practitioners
Health Care & Social Assistance
Hotels & Accommodation
Accommodation & Food Services
+ 7 more
All recorded SBA lending activity for Frandsen Bank and Trust, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Minnesota · Manufacturing · Under $150K | 7(a) | 22 | P+2.75% | $106K | Q4 2025 |
| Minnesota · Wholesale Trade · Under $150K | 7(a) | 15 | P+2.25% | $76K | Q4 2022 |
| Minnesota · Specialty Trade Contractors · Under $150K | 7(a) | 14 | P+2.38% | $94K | Q2 2025 |
| Minnesota · Manufacturing · $150K – $350K | 7(a) | 13 | P+2.00% | $244K | Q2 2024 |
| Minnesota · Restaurants & Food Service · $150K – $350K | 7(a) | 13 | P+2.25% | $275K | Q3 2025 |
| Minnesota · Restaurants & Food Service · Under $150K | 7(a) | 10 | P+2.75% | $105K | Q3 2025 |
| Wisconsin · Manufacturing · Under $150K | 7(a) | 10 | P+2.13% | $51K | Q2 2023 |
| Minnesota · Specialty Trade Contractors · $150K – $350K | 7(a) | 10 | P+2.38% | $242K | Q2 2025 |
| Minnesota · Arts, Entertainment & Recreation · Under $150K | 7(a) | 9 | P+2.75% | $95K | Q4 2024 |
| Minnesota · Administrative & Waste Services · $150K – $350K | 7(a) | 8 | P+2.00% | $259K | Q2 2025 |
| Minnesota · Other Health Practitioners · Under $150K | 7(a) | 8 | P+2.25% | $93K | Q3 2025 |
| Minnesota · Manufacturing · $500K – $1M | 7(a) | 8 | P+1.80% | $700K | Q2 2025 |
| Minnesota · Restaurants & Food Service · $500K – $1M | 7(a) | 8 | P+1.75% | $721K | Q4 2025 |
| Minnesota · Wholesale Trade · $500K – $1M | 7(a) | 8 | P+2.13% | $760K | Q1 2025 |
| Minnesota · Administrative & Waste Services · Under $150K | 7(a) | 7 | P+2.25% | $100K | Q4 2024 |
| Minnesota · Auto Dealers & Parts · $150K – $350K | 504 | 7 | — | $253K | Q4 2019 |
| Minnesota · Accounting & Tax · Under $150K | 7(a) | 7 | P+2.50% | $71K | Q2 2025 |
| Minnesota · Wholesale Trade · $150K – $350K | 7(a) | 7 | P+2.75% | $260K | Q2 2021 |
| Minnesota · Other Professional Services · Under $150K | 7(a) | 7 | P+2.25% | $81K | Q2 2023 |
| Minnesota · Other Health Practitioners · $150K – $350K | 7(a) | 6 | P+2.00% | $210K | Q1 2025 |
| Minnesota · Retail Trade · $150K – $350K | 7(a) | 6 | P+1.88% | $256K | Q4 2022 |
| Minnesota · Management & IT Consulting · Under $150K | 7(a) | 6 | P+2.50% | $70K | Q4 2018 |
| Minnesota · Personal Care (Salons, Spas) · Under $150K | 7(a) | 6 | P+2.63% | $73K | Q4 2020 |
| Minnesota · Auto Repair & Maintenance · $150K – $350K | 504 | 6 | — | $206K | Q1 2022 |
| Minnesota · Auto Repair & Maintenance · Under $150K | 7(a) | 6 | P+2.00% | $90K | Q1 2025 |
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