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SBA 7(a) record

Aspire Bank: SBA 7(a) loans made

Aspire Bank, a bank based in Fargo, ND, made 11 SBA 7(a) loans in the 36 months ending September 30, 2026, $2.2M in all, net of cancelled approvals. The typical loan was about $82K, and 4 were in the last 12 months. Most were in North Dakota.

Evidence
SBA 7(a) loans in the 36 months ending September 30, 2026, SBA
Data as of
SBA, September 30, 2026
Page last changed
November 9, 2026
Loans, 36 months
11
SBA FOIA,
Net of cancelled approvals
Dollars
$2.15M
SBA FOIA,
Rounded amounts
Typical loan
$82K
SBA FOIA,
Largest loan
$760K
SBA FOIA,
Rounded to 2 significant figures
Last 12 months
4
SBA FOIA,

Cite this

Source: The Lender Report, Aspire Bank: SBA 7(a) loans made, https://lender.report/lender/aspire-bank-nd/sba-7a/, data as of September 30, 2026.

Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.

Aspire BankNewest first
PeriodPlaceLoanAmountRateTermLTVSource
Jul 2026CaliforniaSBA 7(a), Couriers and Express Delivery Services$75K9%10 yrSBA FOIA
May 2026North DakotaSBA 7(a), Retail Trade$440K6.75%10 yrSBA FOIA
Mar 2026IndianaSBA 7(a), General Freight Trucking, Local$170K7.75%3 yrSBA FOIA
Mar 2026IndianaSBA 7(a), General Freight Trucking, Local$50K7.75%5 yrSBA FOIA
Mar 2025North DakotaSBA 7(a), Accommodation and Food Services$82K8.5%10 yrSBA FOIA
Jul 2024North DakotaSBA 7(a), Professional, Scientific, and Technical Services$200K10%10 yrSBA FOIA
Apr 2024North DakotaSBA 7(a), Other Services (except Public Administration)$760K7.5%25 yrSBA FOIA
Apr 2024North DakotaSBA 7(a), Clothing and Clothing Accessories Retailers$55K7.5%5 yrSBA FOIA
Apr 2024North DakotaSBA 7(a), Clothing and Clothing Accessories Retailers$25K9.5%10 yrSBA FOIA
Dec 2023North DakotaSBA 7(a), Professional, Scientific, and Technical Services$220K10%7 yrSBA FOIA
Dec 2023North DakotaSBA 7(a), Fitness and Recreational Sports Centers$75K9.5%10 yrSBA FOIA
11 SBA 7(a) loans since October 2023, net of cancelled$2.15MSBA FOIA

A blank means the source did not report it.

Where Aspire Bank's SBA 7(a) loans were made, most loans first
StateLoansDollars
North Dakota8$1.86M
Indiana2$220K
California1$75.0K
SBA FOIA,

SBA loans are on record by state only.

Aspire Bank: SBA 7(a) loans by size
Loan sizeLoansDollars
Under $150K6$362K
$150K to $350K3$590K
$350K to $1M2$1.20M
$1M to $2.5M0$0
$2.5M or more0$0
SBA FOIA,
Aspire Bank: SBA 7(a) loans by quarter
QuarterLoansDollars
2023 Q42$295K
2024 Q23$840K
2024 Q31$200K
2025 Q11$82.0K
2026 Q12$220K
2026 Q21$440K
2026 Q31$75.0K
SBA FOIA,

Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.

Kinds of business Aspire Bank lent to, most loans first
Industry (NAICS)Loans
Clothing and Clothing Accessories Retailers (458110)2
General Freight Trucking, Local (484110)2
Professional, Scientific, and Technical Services2
Accommodation and Food Services1
Couriers and Express Delivery Services (492110)1
Fitness and Recreational Sports Centers (713940)1
Other Services (except Public Administration)1
Retail Trade1
SBA FOIA,

A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.

How the SBA processed the loans
Processing methodLoans
SBA Express Program10
7a General1
SBA FOIA,
  • Aspire Bank made 11 SBA 7(a) loans totaling $2.2M in the 36 months ending September 30, 2026, net of cancelled approvals, in 3 states. SBA FOIA,
  • 4 of them were in the 12 months to September 30, 2026, and 1 in the 12 months before. SBA FOIA,
  • The typical loan was about $82K, with the middle half between $55K and $220K. SBA FOIA,
  • The largest was about $760K. Every amount is rounded to 2 significant figures. SBA FOIA,
  • 6 loans were under $150K, and 0 were $1M or more. SBA FOIA,
  • The SBA file shows a median initial rate of 8.50% on 11 loans, with the middle half between 7.50% and 9.50%. SBA FOIA,
  • The median term was 10 years. SBA FOIA,
  • Its loans went most often to Clothing and Clothing Accessories Retailers, with 2. SBA FOIA,
  • The SBA file lists 10 of its loans as processed under SBA Express Program. SBA FOIA,
  • Its loans were most often in North Dakota (8), Indiana (2) and California (1). SBA FOIA,

What we don't know

  • Whether Aspire Bank is taking new SBA 7(a) loans today, or how it would treat a business like yours.
  • Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
  • The borrower, the address and every term beyond rate and term. The public file does not show them.

SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.

Loans are SBA approvals, net of cancelled approvals.

SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.

Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem

Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.