STRONG
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
83
2010–2024
Total Volume
$25M
Gross loan amounts
States Active
1
With recorded loans
Programs
7(a) & 504
83 total segments
Most active in Minnesota (100% of deals) and focuses heavily on restaurants & food service (17% of deals).
With a median 7(a) spread of P + 1.58%, Kensington Bank prices well below the national median of P + 2.00% — competitive pricing is a clear strength here.
33% of Kensington Bank's SBA deals go to startups and new businesses — more startup-friendly than most SBA lenders, where existing businesses typically dominate.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 7 504 loans, which use fixed SBA debenture rates.
States where Kensington Bank has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Specialty Trade Contractors
Construction
Retail Trade
Retail Trade
Auto Dealers & Parts
Retail Trade
Finance & Insurance
Finance & Insurance
Administrative & Waste Services
Administrative & Waste Services
Wholesale Trade
Wholesale Trade
+ 7 more
All recorded SBA lending activity for Kensington Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Minnesota · Restaurants & Food Service · Under $150K | 7(a) | 6 | P+1.75% | $88K | Q2 2024 |
| Minnesota · Specialty Trade Contractors · Under $150K | 7(a) | 5 | P+2.50% | $88K | Q2 2017 |
| Minnesota · Administrative & Waste Services · Under $150K | 7(a) | 4 | P+1.45% | $71K | Q4 2022 |
| Minnesota · Restaurants & Food Service · $150K – $350K | 7(a) | 4 | P+1.55% | $295K | Q2 2023 |
| Minnesota · Manufacturing · Under $150K | 7(a) | 4 | P+1.50% | $73K | Q4 2019 |
| Minnesota · Other Health Practitioners · Under $150K | 7(a) | 3 | P+1.10% | $63K | Q4 2020 |
| Minnesota · Retail Trade · Under $150K | 7(a) | 3 | P+2.50% | $100K | Q1 2022 |
| Minnesota · Other Professional Services · Under $150K | 7(a) | 3 | P+1.75% | $62K | Q4 2019 |
| Minnesota · Manufacturing · $150K – $350K | 7(a) | 3 | P+1.25% | $202K | Q2 2022 |
| Minnesota · General Merchandise · Under $150K | 7(a) | 2 | P+2.17% | $80K | Q4 2021 |
| Minnesota · Transportation & Warehousing · Under $150K | 7(a) | 2 | P+1.88% | $81K | Q2 2022 |
| Minnesota · Food & Beverage Stores · Under $150K | 7(a) | 2 | P+2.85% | $96K | Q2 2010 |
| Minnesota · Management & IT Consulting · $150K – $350K | 7(a) | 2 | P+1.00% | $250K | Q4 2021 |
| Minnesota · Wholesale Trade · Under $150K | 7(a) | 2 | P+-0.20% | $123K | Q2 2023 |
| Minnesota · Auto Dealers & Parts · $150K – $350K | 7(a) | 2 | P+1.25% | $288K | Q1 2023 |
| Minnesota · Building Construction · $2M – $5M | 7(a) | 2 | P+1.25% | $2.7M | Q2 2018 |
| Minnesota · Wholesale Trade · $500K – $1M | 7(a) | 2 | P+2.25% | $621K | Q2 2021 |
| Minnesota · Finance & Insurance · Under $150K | 7(a) | 2 | P+1.60% | $53K | Q4 2019 |
| Minnesota · Restaurants & Food Service · $500K – $1M | 7(a) | 2 | P+1.63% | $537K | Q4 2018 |
| Minnesota · Finance & Insurance · $350K – $500K | 7(a) | 1 | P+1.95% | $375K | Q1 2018 |
| Minnesota · Real Estate · Under $150K | 7(a) | 1 | P+2.25% | $86K | Q3 2020 |
| Minnesota · Arts, Entertainment & Recreation · Under $150K | 7(a) | 1 | P+1.25% | $60K | Q2 2022 |
| Minnesota · Physician & Dental Offices · Under $150K | 504 | 1 | — | $133K | Q4 2009 |
| Minnesota · Social Assistance · $350K – $500K | 504 | 1 | — | $411K | Q1 2021 |
| Minnesota · Restaurants & Food Service · $150K – $350K | 504 | 1 | — | $181K | Q4 2010 |
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